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Foreigners & Thai Tax: How Accurate is the 2024 Rule Framework Today?

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This is interesting

We all know not many Thais file taxes...

And most who do file pay zero baht or some tiny amount, like 200- 500 baht a year....

Who Pays "Real Money in taxes" (Over 10,000 Baht/year)?

  • ~1.33 Million people pay over 10,000 Baht.

  • ~10.5% of tax filers.

  • ~2.0% of the total population....

  • . Who Pays "Serious Money in taxes" (Over 100,000 Baht/year)?

  • ~440,000 people pay over 100,000 Baht.

  • 3.50% of tax filers.

  • 0.66% of the total population.

So only a whopping 2% of Thais pay any real money in taxes, and only O.66% of Thais pay any serious money in taxes...

It sounds to me like this tax reform has a long way to go....A very long ways to go....

Edited by redwood1

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  • VocalNeal
    VocalNeal

    Don't engage and don't do anything until requested.

  • MIke B Bad
    MIke B Bad

    I've taken the approach of ignoring this until someone says my visa extension is tied to a tax return.

  • Ricohoc
    Ricohoc

    Those are your words. I never said anything about not declaring anything brought into the country. I'm not "tweaking" anything. I just don't deposit the funds in my bank accounts anymore. The funds re

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2 hours ago, redwood1 said:
  1. . Who Pays "Serious Money in taxes" (Over 100,000 Baht/year)?

  2. ~440,000 people pay over 100,000 Baht.

  3. 3.50% of tax filers.

  4. 0.66% of the total population.

100K tax a year begins with mainly employees who earn about 80K-100K per month (mid-career specialists and managers) taking into account yearly allowances/bonus, where tax is withheld from their payslip.

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