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Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income


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Posted
4 hours ago, daveAustin said:

Pathetic bunch of third world bs. Shove it. Come after me. WE’VE ALREADY BEEN TAXED TO THE HILT!! Want to earn some coin? Tax your beloved Chinese visitors!

I agree, don't do it. If one day they pull you up on it, then worry about it - that's probably years down the track, or never. With the frequent changes of government, parties and leaders in Thailand, someone might wake up and decide that they shouldn't hurt the golden goose, and be done with this insanity which provides potential expats around the world incentive to find other places to retire. 

 

 

  • Agree 1
Posted
2 hours ago, EVENKEEL said:

So, nothing worth reporting gets written.  I find it mildly amusing.

 

 

 

Looks like some ”undercover agent" from accounting firms,  among the viewers of this forum.

As the thread urging expats to register for tax return pops  up periodically, after May last year.

 

  • Thanks 1
Posted
1 hour ago, puck2 said:

A very lovely family member of my wife called the Tax-offices in BKK and Mae Hong Son.

She asked them, if a falang has to pay taxes of the money he transfers to Thailand and what already has been taxed in Germany. She also added the question, if I had to go to the tax-office in MHS to get a PIN (number).

 

The Bangkok officer told her: no tax in Thailand because of the DTA (Double Tax Agreement), but she should contact the MHS-Office, too.

The MHS-Tax-Officer confirmed: no tax on my money, that has already been taxed in Germany. Therefore:   I should NOT ask for a PIN-number in the MHS-office, because I don't have any income here in Thailand. If only a few THB of bank interest it would woud alteady have been taxed by the Bank.

 

Did some of our AN-members receive the same answer from their tax-offices?

Different agreement for different countries. Norways tax treaty with Thailand gives Thailand exclusive rights to tax pension for Norwegian expat, and it is good for Norwegian's because it result in lower tax. 

Posted
3 hours ago, hotsun said:

Im not giving them a cent. I suggest everyone else does the same

I'm sitting tight on this one... wait until it becomes law, not just something the IRS is still debating on

Posted

The only date that matters to me is my visa expiration date in Dec and when I apply for an extension and nothing is said about showing tax receipts then I am good for another year 

  • Like 1
Posted
5 hours ago, JoePai said:

Calm down everyone, after many years in Thailand I understand any new legislation takes many years of to and fro 

 

 

This is existing legislation, never enforced.

Posted
6 hours ago, webfact said:

image.jpeg

Photo d'archives à titre de référence uniquement


À l'approche de la date limite d'enregistrement pour l'impôt sur le revenu des personnes physiques de 2024, la position de la Thaïlande concernant la taxation des transferts de fonds des expatriés demeure confuse. Certains affirment que l'utilisation et les transferts internationaux par carte de crédit pourraient être taxés, tandis que d'autres jugent la situation moins tranchée.

 

Il y a un débat sur la question de savoir si toute personne ayant séjourné en Thaïlande pendant plus de 180 jours l'année dernière doit déposer une déclaration, mais cela dépend si elle a transféré des revenus « imposables ».

 

Benjamin Hart, figure emblématique du monde juridique thaïlandais, a critiqué les conseils alarmistes prodigués aux expatriés, notamment à ceux qui dépendent de pensions étrangères avant impôts. Il suggère de consulter des experts fiscaux thaïlandais, la loi n'ayant pas changé, mais simplement une nouvelle interprétation par le Département des recettes fiscales thaïlandais (TRD).

 

Certains experts pensent que des actions en justice pourraient être intentées contre ces interprétations, même si aucune n’a encore été intentée.

 

Le nouveau directeur général du TRD, Pinsai Suraswadi, a souligné que le paiement des impôts dépendait des revenus individuels et des traités internationaux. Ses commentaires suggèrent que cette politique découle principalement des pressions économiques, notamment l'augmentation de la dette publique et le vieillissement de la population.

 

 

Les commentaires provenant de diverses provinces mettent en évidence une incohérence dans les approches des bureaux TRD, les évaluations étant très différentes et la discrétion semblant prévaloir sur les règles standardisées.

 

Certains bureaux suggèrent même aux expatriés de déclarer leurs revenus sur la base des 800 000 bahts nécessaires chaque année pour les prolongations de retraite, en ajustant les cotisations fiscales en conséquence.

 

Malgré les débats en cours, un nombre important d’expatriés restent réticents à s’engager dans le système, comptant sur les conventions de double imposition pour se protéger.

 

Il est évident que le gouvernement thaïlandais doit de toute urgence revoir et clarifier ses politiques pour éviter toute confusion supplémentaire et garantir un traitement équitable à tous les résidents fiscaux, a rapporté Pattaya Mail.

 

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-- 2025-03-17

 

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Posted

If and when it ever comes to the knock on the door to steal our money, I never new or read about it in the news.

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Posted
5 minutes ago, cardinalblue said:

The only date that matters to me is my visa expiration date in Dec and when I apply for an extension and nothing is said about showing tax receipts then I am good for another year 

 

I do it this month.

And I would also like to report it here.

  • Haha 1
Posted

Farang very intelligent, better to know Thai law and especially not to want to pay!! 😅

https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf

Thailand’s Double Tax Treaties: Download Any Thailand DTA  ARTICLE 23 Elimination of double taxation 

March 19, 2024 

 

 

 

image.png.63ded1c8babc6b9de1191dd5502a7e02.png 

 

FOREIGN TAX RELIEF
กรมสรรพากร THE REVENUE DETENT
Income tax paid abroad can be credited against Thai taxes
if permitted under Double Tax Agreement (DTA).
So, there will be no double taxation for residents of Thailand.
• When a foreigner who is a resident of Thailand pays tax on income abroad, tax paid can be taken as a credit against the tax payable in Thailand.
• Credit amount cannot exceed the amount of Thailand's tax liable to the foreign-sourced income.
Remarks: Documents and evidence may be required in order to prove sources of income and to claim foreign tax credit under Double Taxation Agreement.
• Documents must be in English or Thai.
• For the evidence to claim foreign tax credit, Tax Payment Certificate issued by foreign tax authority is recommended.

 

  • Haha 1
Posted
3 hours ago, Emdog said:

"Some offices even suggest expats declare income based on the 800,000 baht needed annually for retirement extensions, adjusting tax dues accordingly."

My SCB account already takes taxes out... shows as a line 'tx" in my passbook

 

So does Bankok bank but Krung Sri bank does not.

  • Confused 1
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Posted
6 hours ago, JoePai said:

Calm down everyone, after many years in Thailand I understand any new legislation takes many years of to and fro 

 

 

It says in the article, and has been said many times times before, there is no new legislation, just a different interpretation of existing legislation 

  • Agree 1
Posted
19 minutes ago, black tabby12345 said:

 

I do it this month.

And I would also like to report it here.

It's not time yet
The Thai Revenue Department is amending the tax law to tax worldwide income, not imported income.

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Posted
1 hour ago, black tabby12345 said:

 

Thai tax law comes with some trap.

Those who lodged tax return last year, will be required to do the same this year and onward.

That's something I have read in recent months(listed in their online "booklet".

 

Citation, please.

 

I have seen nothing that says once you've filed once, you must file forevers.

Posted
6 hours ago, webfact said:

Some experts believe potential legal actions might arise against these interpretations, though none have surfaced yet.

 

Thats because they don't know anything about this, had they have any knowledge of this they would have posted it, but they don't know, so Im doing nothing.

 

Posted
4 minutes ago, DULEROY said:

It's not time yet
The Thai Revenue Department is amending the tax law to tax worldwide income, not imported income.

 

One thing you should know.

Whatever the head of the tax department says, the actual laws weren't passed/changed yet.

That is why no one is sure about it.

 

 

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Posted
19 minutes ago, watchcat said:

 

So does Bankok bank but Krung Sri bank does not.

K bank sent out a form for members to complete it was by way of email I deleted it by mistake !

  • Haha 1

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