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Neighbor (Falang) tells me to go to Revenue Office
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594
Updates and events in the War in Ukraine 2025
According to the NYT, Ukraine’s Kursk incursion had no U.S. backing and was a "significant breach of trust." A Pentagon official called it Blackmail by the AFU and stated the U.S. did not authorize coalition-supplied equipment for the attack. https://archive.ph/YURkU -
229
Thailand's Digital Card Chaos: Say Goodbye to TM6, Hello to Confusion!
At the two land border crossings from Cambodia to Surin and Sisaket Provinces in Thailand, there is no such thing as TDAC. One still has to complete a paper TM6 Form -
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Filing Tax Return Form for Foreign Income on Samui
Thanks for your comment, you are welcome. In reply to your question about 300,000 baht foreign income for a person younger than 65 years of age: 100,000 baht expenses deduction, calculated as 50% of 300,000 baht income, but not more than 100,000 baht. 60,000 baht personal deduction. ----------- 160,000 baht deductions in total +300,000 baht income –160,000 baht deductions ------------ =140,000 baht taxable income –150,000 baht tax free bottom level (0% tax) ------------- = No taxable income In reply to: "In paying taxes on the remittance(s), do you need to file a full tax return (like in your own country) or only declare the remittance(s)?" Yes, you need to file a tax return, according to Samui Revenue Department's director and the general information from Thailand's Revenue Department. That is what I mention about in the opening post, it is fairly easy peasy with the online E-filling, if you don't need to pay Thai income tax and don't need deductible income tax from your home country. In reply to: "At any time, did you need to inform Thai Tax Authorities on your financial status in your home country?" If Thailand has a DTA (Double Taxation Agreement) with one's home country, the two states exchange tax information. If you wish to deduct already paid income tax from your home country, you need to show proof. In my case I show my annual home country's tax calculations. I also got a general statement from my home country's revenue department, stating that I am fully taxable of retirement pensions to my home country. If you are living from savings before 1st January 2024, you need to show proof of that. I haven't seen anything official about what "proof" is needed, but I would presume that a full tax-statement per 31st December 2023 including all savings – if one's home country revenue department registers them – would do. I've kept a statement of my savings per that border-date and shows what I transferred of my savings in 2024, as an attachement to my tax report in paper; the latter because I deduct already paid tax from home. In general, I would recommend to keep a statement and notes of, what is transferred of savings, in case some "taxman" at one point would be interested. At present, you don't need to file a tax return when living from savings. However, my Danish home country is World-record holder for high and strict taxation, so for me, it is not at all unfriendly to keep tax-documentation in order... And by the way: A few years ago the Thai "taxman" – in form of two friendly kind ladies – unannounced visited my Samui home. They wished to check if I paid due taxes in my home country. It was by agreement with my home country's revenue department, so they already had some tax information about me. Furthermore they had my Thai tax returns (luckily I had began to file such things). They were also checking all my known country fellowmen on Samui; they actually showed me a list with 20+ names. Danes in other parts on Thailand also mentioned about a visit from Thailand's "taxman". The kind tax-ladies said, that the were doing it by country , beginning with Danes and expats from Finland, as the tax exchange information was so easy to obtain... In reply to: "... a bonus question, if you are feeling generous with your time. I have heard the rumours that Thailand will, in the future, require expats to declare their global income to Thai tax authorities." This was a suggestion from (I think) a politician, hitting the news. So far, it's not in the present political agenda. However, a bit scary for those os us, legally having untaxed home country-income, when we resides abroad. Im my case capital gain, interest and certain feesare not taxed in my home country. So, as long as I keep the money outside Thailand, they are untaxed; and was even savings when they are earned before 2024. The thing is – which makes the suggestion valid – that many countries tax all income, also foreign income, even it is not transferred to the tax residency country. My home country is one of those that does that. For some, a change like that would make Thailand questionable as fully tax-resident destination. For some, the taxation change of what savings are, has already made Land-of-Smiles questionable. It is of course very individual, what the effect will be – in case this scary suggestion becomes real... – but if you are in the high gain level, you might need to consider other solutions. But "always look on the bright side of life": I need to make 5 million baht as income in a year to hit the highest income taxation level of 35% in Thailand – in my Danish home country the lowest income tax-rate is 38%... -
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Healthy 1 year old girl dies of multi seizures less than 12 hours after receiving 6 vaccines
Super deadly for healthy 6 month old babies? -
168
Why are Trump supporters so unwilling to criticize even some of his policies?
So the Swedes do polling that shows that Swedes are the happiest people on Earth. I’m convinced, carry on. -
168
Why are Trump supporters so unwilling to criticize even some of his policies?
I looked at your last link. Within the opinion piece were a couple graphs, but when you click on the link to “see the full results” it goes to a different study.
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