https://www.thailandelitevisas.com/news-events-post/thailand-to-ease-foreign-income-tax-rules/

More English gutter press scaremonger to get naive expats to pay for expensive tax consultants.

 

For example, if a Thai tax resident earns foreign income in 2025 and brings it into Thailand in either 2025 or 2026, that income would not be subject to Thai personal income tax.

If enacted, the amendment would overturn the current Thai tax rule that took effect on 1 January 2024. Under the current rule, any foreign income earned from that date onwards is subject to Thai personal income tax if it is brought into Thailand, regardless of the year it is remitted

 

https://brslawyers.com/thailand-proposes-new-amendment-to-tax-rule-for-foreign-income-remittance/

Just now, JimCM said:

More English gutter press scaremonger to get naive expats to pay for expensive tax consultants.

 

For example, if a Thai tax resident earns foreign income in 2025 and brings it into Thailand in either 2025 or 2026, that income would not be subject to Thai personal income tax.

If enacted, the amendment would overturn the current Thai tax rule that took effect on 1 January 2024. Under the current rule, any foreign income earned from that date onwards is subject to Thai personal income tax if it is brought into Thailand, regardless of the year it is remitted

 

https://brslawyers.com/thailand-proposes-new-amendment-to-tax-rule-for-foreign-income-remittance/

 

A proposal, not a law.

I assume you understand the difference?

30 minutes ago, JimCM said:

 ....There was no law change nor royal decree on Tax remittances, just an instruction to be stricter but no formal enactment. It is a proposed amendment.

so wrong again ... you should do some research back to late 2023, as the change was officially announced by the TRD .... 

where did you get that from " just an instruction to be stricter" ... an other free spirit inspiration ... 

6 minutes ago, JimCM said:

https://www.thailandelitevisas.com/news-events-post/thailand-to-ease-foreign-income-tax-rules/

From May

4 minutes ago, JimCM said:

https://brslawyers.com/thailand-proposes-new-amendment-to-tax-rule-for-foreign-income-remittance/

From July.

 

In case you hadn't noticed they were under the previous Peua Thai led administration and nothing has been heard of the proposal since the changes. So currently I would suggest it is not worth considering.

19 hours ago, Dmaxdan said:

All they did was ask me if I'd remitted more than one million baht to which I said no and that was that. 

And what if it had exceeded one million baht? Is there something afoot to have such folks explain to their local RD office why such remittances don't meet the assessability requirement and thus why no tax return required? Don't believe such a one million baht threshold would meet any cost/benefit analysis. But, perhaps larger remittances could be profitable, and thus trigger a chat with your local RD office. Just wonder what that threshold might be..... if such a procedure is being contemplated. Don't really want my self assessments, to include favorable interpretations of grey areas, to see the light of an RD office. 

Grammar police posts removed

6 minutes ago, JimGant said:

And what if it had exceeded one million baht? Is there something afoot to have such folks explain to their local RD office why such remittances don't meet the assessability requirement and thus why no tax return required? Don't believe such a one million baht threshold would meet any cost/benefit analysis. But, perhaps larger remittances could be profitable, and thus trigger a chat with your local RD office. Just wonder what that threshold might be..... if such a procedure is being contemplated. Don't really want my self assessments, to include favorable interpretations of grey areas, to see the light of an RD office. 

 

It would be interesting if they have a set threshold they use, if so, it could be very convenient for some us bottom feeders. Stay under "one million baht" remittance per year, and they leave us little fish alone. Anyone's wife work in the TRD, maybe confirm this little tidbit?

There was another video on YouTube where they directly asked a tax revenue officer what should be considered as remittance, for example creditcard payments in Thailand from foreign creditcards or ATM withdrawals and currency exchanges ... the answer seemed to imply that there is no real way for them to check this, but if you live in Thailand and report 0 remittance to Thailand you might get into trouble with the immigration department which might start asking you what money you live from.

 

Of course it seems it's hard for them to check such things. If I pay for my groceries at Big C or buy stuff on Lazada with a foreign creditcard, it would be hard for them to link this to my persona. In reality, it should probably be included in the amount remitted to Thailand.

 

Of course if the remittances are from savings earned previously to becoming a tax resident in Thailand, they also don't count for income tax.

 

Personally I am not even allowed to open a bank account in Thailand at the moment since I'm on the DTV.

Lots of "may bes". So basically no news here.

1 minute ago, MadMac said:

Lots of "may bes". So basically no news here.

 

Well we know from the video that they have added 700 new TRD employees specifically for Remittance tracking, and that they are gathering data from 120 countries, not to mention using AI to find patterns that help them catch tax dodgers. I would call that a pretty significant development.

8 minutes ago, lordgrinz said:

Well we know from the video that they have added 700 new TRD employees specifically for Remittance tracking

Not true, but they have added some AI.

Post breaking forum rules removed.

 

 

6 minutes ago, JimCM said:

Not true, but they have added some AI.

 

So you didn't actually watch the video? They state (8:37 on the video) they have added a specific department for the sole purpose of dealing with foreigner remittances, and that they have hired over 700 staff for this department. 

If Carl Turner is a a foreigner, it's illegal for him to give tax advice in Thailand unless he holds a CPA license, which he doesn't.

1 minute ago, lordgrinz said:

 

So you didn't actually watch the video? They state (8:37 on the video) they have added a specific department for the sole purpose of dealing with foreigner remittances, and that they have hired over 700 staff for this department. 

Who said this, I bet it wasn't the RD.

Until I get anything official regarding my taxes I’m taking anything I read on here with a pinch of salt.

Many so called “advisors” are just scammers spouting BS to con the gullible. 

7 minutes ago, IsaanGuy said:

Until I get anything official regarding my taxes I’m taking anything I read on here with a pinch of salt.

Many so called “advisors” are just scammers spouting BS to con the gullible. 

There's a lot of money to be made from naive, scared expats. 

 

I remember this "deeper dive" podcast doing a great podcast with the actual ministry of foriegn affairs office who devised the DTV visa. It cleared the air and provided great info on a lot of the ambiguity.

The difference with this tax podcast is while it seems great on the surface it really should have been done with actual revenue department / government tax officials rather than some random western dude in a suit with a tax service to sell.

That would have made 90% of the commentary in this thread redundant.

Regardless of the actual changes, unfortunately this is obviously seen as an advertorial podcast by the majority of the audience.

A misstep by "deeper dive" as far as i'm concerned.

Really the best way to find out and get facts is to contact the revenue department and see wtf is up.

In 15 years in Thailand I could count on one hand the amount of foriegners I would trust to have my best interests at heart. Particularly when it comes to business.

 

20 hours ago, redwood1 said:

 

 

 

Tax helpers only have only one thing on their mind......And that is how to get your money in their pocket.....

 

Business is slow....So it's time to stir up some fear and confusion.......Its simply shameless.....

 

 

 

and in the case of foreign experts , probably illegal , especially if charging for such advice

21 hours ago, webfact said:

those spending more than 180 days in Thailand are classified as Thai tax residents, requiring them to pay income tax on funds brought into the country.

2nd sentence in and already alarmist and incorrect.    And as for those suggesting paying the local TRD a visit and asking their advice, I think I will decline.   Has anybody ever done that in their own country ? I certainly have not.  Say nothing and see what happens is what I will be doing , others can do exactly as they wish, up to them

20 hours ago, ikke1959 said:

Thailand can tax income of foreigners, but if the foreigners pay tax already in their home country, Thailand can't tax again. There is a worldwide agreement that double taxing is not done, so Thailand should negotiate with the every country how they will handle the tax.

 

Besides that I strongly believe that Thailand is unable to process all information in different languages and papers.. Where should they get the qualified people from? I pay tax in Thailand now, but because of a new tax treaty that will start in 2027 or maybe later I don't need to pay tax here anymore, but in my home country.

This also applies to me. I'm Dutch, and on November 21st this year, a new tax treaty was signed at the Dutch embassy in Bangkok. This means that Dutch citizens living in Thailand don't have to pay taxes on their pensions in Thailand, but they do have to file a tax return in Thailand. The pension is taxed in the Netherlands. Thai citizens living in the Netherlands are taxed in Thailand, and no longer in the Netherlands. For Dutch citizens, it depends on whether you are still liable for tax in the Netherlands or not. Each country has made separate agreements with Thailand.

8 minutes ago, Bday Prang said:

and in the case of foreign experts , probably illegal , especially if charging for such advice

As long as foreigner has CPA Thai certification. The foreigner in this video cannot give Thai tax advice legally.

3 hours ago, soalbundy said:

Not a case of panic, just following the law, I've seen in the past what playing around with the tax office can do to ones finances while in Germany, I've seen a colleague having to take out a second mortgage on his house to pay a tax bill on hidden extra earnings, it can take years before they find out and then you get slammed with  tax increased by 300% going back years into the past. Tax avoidance is a criminal offence, not a good idea for a foreigner to indulge in.

I have seen what happens when one does not wear a helmet on a motorbike in Germany,  subtle difference being this is not Germany, 

1 minute ago, JimCM said:

As long as foreigner has CPA Thai certification. The foreigner in this video cannot give Thai tax advice legally.

I think there is a little more to it than having a CPA (whatever that is)    what a about a work permit ?   a bit tricky getting one of those for a reserved occupation not open to foreigners wouldn't you agree. ? 

 They not only cannot give tax advice legally , they cannot even pay their own tax legally as their money was illegally obtained / earned   they are at a real risk of getting arrested and deported

21 hours ago, HappyExpat57 said:

I'll believe it when I go to immigration for my annual extension renewal and they demand to see a tax return. Until then, ***yawn***

Immigration Department and Revenue Department are not the same.   If you owe taxes you are entitled to penalties and interest.  You talk as if Thailand didn’t understand taxes.  They do and I wonder what you will say to them when you are caught - thanks in part to you publicly ridiculing them.   Look out, your IP address is known.   

 

Your cavalier attitude will do you justice when you are in prison and you are fighting to kill a rat to eat.   Good luck.   

49 minutes ago, JimCM said:

There's a lot of money to be made from naive, scared expats.

there is a lot of money to be made illegally from scared expats is what you mean

1 minute ago, kuzmabruk said:

Immigration Department and Revenue Department are not the same.   If you owe taxes you are entitled to penalties and interest.  You talk as if Thailand didn’t understand taxes.  They do and I wonder what you will say to them when you are caught - thanks in part to you publicly ridiculing them.   Look out, your IP address is known.   

 

Your cavalier attitude will do you justice when you are in prison and you are fighting to kill a rat to eat.   Good luck.   

Drama queen  or scare mongerer ?     probably both

5 minutes ago, Bday Prang said:

I think there is a little more to it than having a CPA (whatever that is)    what a about a work permit ?   a bit tricky getting one of those for a reserved occupation not open to foreigners wouldn't you agree. ? 

 They not only cannot give tax advice legally , they cannot even pay their own tax legally as their money was illegally obtained / earned   they are at a real risk of getting arrested and deported

He can get a WP, even own a company as long as the Thais are giving the advice. He's blatantly giving advice here, and it's not accurate.

3 hours ago, JimCM said:

So I'll transfer my salary to my wife's UK account and she remit it here. As a Thai she pays no tax on it.

if that suits you, crack on , but once its in her account its not yours anymore,