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Posted

Well nothing to do with death....yet anyway.

I just had to fill out a survey for tax evaluation and it got me thinking, well I have thought about it plenty of times in reality....but it sucks big ones big time.

I have a property back home and have not been nor lived back home for more than a decade.

I pay tax on the Company, company taxes.

I pay personal tax, on income generated from the company that it pays me.

On the property, rates, local council taxes must be paid.

Water tax.

Land tax.

Goods and Services tax.

Stamp Duties and taxes on any transfer of the property.

Capital gains tax on the property if sold.

Income tax on the property if sold.

I read that only circa 2.9% of Thais pay tax.

I really hate it....it sucks big ones.

What other hidden taxes are there ?

And to top it all off, I got a questionnaire to fill out to help the tax cocks figure out how much they should be taxing me next year....like they should not do it them bloody selves if they want to screw me more.

Then add to that I will get fined if I do not fill out the xxxxxx questionnaire.....I did not do it 2 years ago and told them to shove it as I was not helping them to tax me, or I would bill them for my time.

I got a fine.

Posted

2.9 % is sure nonsense.

means 97.1 % never buy at 7/11, don't drink, smoke, drive car...........

It may mean income tax.

But I doubt even that.....

And anyway the taxes are low in Thailand. In Europe you easily pay 70 % if you add all the taxes and at the end you pay again 20 % VAT

Posted

Taxes are for when you're living so you won't be caring once you are dead. However; if you wish to keep your property back home then you have to do what the tax man tells you, so if you don't want the bother sell all your assets back there and cut the taxman out to the largest possible extent.

Posted

Taxes are for when you're living so you won't be caring once you are dead. However; if you wish to keep your property back home then you have to do what the tax man tells you, so if you don't want the bother sell all your assets back there and cut the taxman out to the largest possible extent.

They also tax you if you die....revenue department is stronger than life and dead.....

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