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Bet he thinks twice !
TikTok´s reputation on being a source of true and reliable information. After that, it´s totally overdone, as it would have been enough with slamming the guy and just hold him there. This guy have to go total MMA on him. Not trustworthy. -
468
Thai tax tangle: Expats warned of new rules on overseas income
yes they say as they are not changing the law, only closing a loophole and amending the "existing" law. -
468
Thai tax tangle: Expats warned of new rules on overseas income
C'mon, man! Your reinterpretation of my comments is almost as bad as the fake journo from the examiner misquoting the tax official! That's not what I said. 1. Taxman says everyone should follow the tax law. 2. I'm subject to the tax law, as well as being a foreigner. 3. Taxman reminds filers that are required to file should file. 4. I'm not required to file a return, or declare items not required to file if I do file. 5. The "reporter" added 2000 words of cut-n-paste nonsense, with many errors, to pad out a short blurb about a press conference using only one or two poorly translated incorrect paraphrasings. I follow all the tax laws, both here and back in the US. I had a TIN which was cancelled when my pink ID was activated. According to the Thai tax laws, I am not required to file a return. I filed 3 Thai late tax returns last year, filed 2024 return last week. I file to obtain a refund of interest and dividend withholding. My remittances are all pre-2024 savings. I do not declare any remittances. -
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Plane stupid! Australian man’s flight crash threat lands him in jail
Go on,we know you want to. -
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Thai tax tangle: Expats warned of new rules on overseas income
well what you and others fail to understand, there are specific Thai laws about taxation of assessable income from Tax Residents including any foreigner who remains in Thailand more than 179 days in a calendar year. The TRD publishes the criteria for obtaining a thai tax id number - #1 for example says if one remits assessable foreign income he must obtain a thai tax id number within 60 days and is required to file tax forms. Just because YOU haven't read the rules, doesn't excuse you from being a tax resident and if you do have assessable income remitted this year, then if you fail to follow the local laws, you could be prosecuted for that failure. The TRD and finance people have mentioned many times that their draft law is to get all tax residents to be part of the base paying taxes be it the negative income scheme, worldwide income taxation scheme or something entirely different. But right now if one has been in Thailand in calendar year 2024, who remitted assessable income, they that person is supposed to get a tax id and file the tax form. -
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