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Thailand to Mandate Tax Declarations for All Citizens by 2027


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Posted

if this really gets implemented by 2027, then the many retired foreigners living in thailand who knowingly don’t follow the new tax laws (2024) can no longer use the excuse "but most thais also don’t pay taxes ..." and also the saying "the tax authorities will have to come personally to my door before i pay a single baht in taxes ..." maybe won't work anymore .... :smile: 

 

 

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Posted
2 hours ago, snoop1130 said:

Those with an annual income below the taxable threshold of ฿150,000 will remain exempt from taxes

By my calculation - using a liberal daily wage on 400 THB, working six days a week - the average Thai worker would be doing well to hit 125,000 THB per year - maybe in a leap year. Univesity educated middle managers in local Thai companies earn only 30-35k per month - their subordinates if educated or skilled maybe 25-30k per month (that's 1,000 THB per day). Even the foreign embassies when hiring local staff don't pay much more than that unless it's a very senior local hire position (and they are expected to be near-fluent in English - scandalous really).

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Posted
3 hours ago, Bredbury Blue said:

Every thai is on a blue book.

Every thai has an ID number.

Tax return form is online.

Therefore possible to implement.

every Thai is on a blue book indeed, but doesn't live there actually, Not every Thai is able to use the online forms as many can't even decently read, so impossible to to implement.. If I don't know where the 2 people who are registered in our blue blook live or are, how can the Thai Government know it??? I know people who have 10 or 12 people in their blue book registered and have the same problem. Some only show up when they need an ID card and some never show up like the ones in our.. We know they don't have an ID as they lost it several times...Easy to think that Thais will do everything as they have to... Sorry than you don't know them

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Posted
49 minutes ago, AlexRich said:

I'm guessing there are some Thai's, especially older people, who will struggle to achieve this, and won't be able to afford to hire a tax accountant. 

 

A potential growth industry for a smart girl/guy in the village?

Tax preparation businesses in the U.S. generate $14.5 billion in annual revenues.

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Posted
9 hours ago, Bredbury Blue said:

Every thai is on a blue book.

Every thai has an ID number.

Tax return form is online.

Therefore possible to implement.

 

Many are illitirate and uneducated. Good luck with that. Plus, often registered, not where they reside. Good luck with Thai revenue department getting them to file zero liability tax returns in the next two years.

 

 

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Posted
9 hours ago, ikke1959 said:

every Thai is on a blue book indeed, but doesn't live there actually, Not every Thai is able to use the online forms as many can't even decently read, so impossible to to implement.. If I don't know where the 2 people who are registered in our blue blook live or are, how can the Thai Government know it??? I know people who have 10 or 12 people in their blue book registered and have the same problem. Some only show up when they need an ID card and some never show up like the ones in our.. We know they don't have an ID as they lost it several times...Easy to think that Thais will do everything as they have to... Sorry than you don't know them

Every country has people like that

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Posted
35 minutes ago, thesetat said:

How could this possibly be implemented effectively or even honestly? Most of Thailand is using a cash in hand for their income. Vendors, sex workers, farmers, as well as businesses collect and pay out or get paid using cash in hand. Can you imagine the average sex workers claiming income tax on money made from her working on her back? Or the vendor being honest about their profit selling noodles? I really do not see how this will make any changes except removing those from welfare who do not make enough money to file taxes or those too old to understand what they need to properly fill out their taxes. 

That used to happen in the West - and still does to a certain extent - but it's now well down

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