Udon Thani Thailand Forum - Udon Thani, Thailand

This has totally upended my retirement plans. Then you don’t have a trusted friend, you haven’t actually researched the tax law or you are spending in excess of 10.5~20.5 million baht per year My concern is the planned taxation on worldwide income. I can control the amount of remittance to limit my...

They will get the information from your home country, if it's a member of the OECD. They are going after all foreigners residing in Thailand for 180 days or more. This has totally upended my retirement plans. And if you have already paid home country tax why would Thailand think it can tax again if...

They will get the information from your
home country, if it's a member of the OECD.

They are going after all foreigners residing in Thailand for 180 days or more.

This has totally upended my retirement plans.

What if your social security was not tax exempt, how would you feel the ?

just remember that the rule was invigorated as a measure to get wealthy Thais avoiding taxes on overseas income.. It was never something specifically targeting foreigners... Who cares!! We get caught in the net, but for us it"s taxation without representation. I have a wife and child here. so it ma...

Will the Prime Minister being ousted, mean this proposed Tax could be scrapped????

Let's hope so!!?

Of course this "gift" to your spouse is for their personal use, and cannot be used for living expenses for you both.

Presently, under Section 41 of the Revenue Code, any foreign resident in the kingdom for over 180 days is required to make an income tax return.???

If you have remitted nothing into Thailand in 2024, but are a tax resident, will you be required to file a Thai tax return?

Thanks for clearing that up, I indeed have an extension of stay. I hope there is not a problem, because I am returning on a one way ticket. Immigration at the airport will have nothing to say about your one way ticket. The only people who may say something will be the checkin staff at your departur...

Thanks for clearing that up, I indeed have an extension of stay. I hope there is not a problem, because I am returning on a one way ticket.

Hi all, I am currently back in my home country, but on a non o retirement visa. My visa expires on Aug. 23, but I will be returning to Thailand at the end of July( I have a reentry permit). My question is, will I get another 90 days before having to extend, or just until my visa expiration(Aug23). T...

I received my completed Thai tax return and received 7 bht credit return. The Thai tax company used was very exact. We'll see what happens this year if the new law becomes a reality. Do you work in Thailand? If you are retired, why would you need to file a tax return for 2023? newtovillagelife I'm ...

Barney wrote: ↑
July 5, 2024, 10:28 am
I received my completed Thai tax return and received 7 bht credit return.
The Thai tax company used was very exact.
We'll see what happens this year if the new law becomes a reality.

Do you work in Thailand?
If you are retired, why would you need to file a tax return for 2023?

If this proposed tax on Worldwide income goes through, can Thailand tax yearly growth within 401(K) s, and Roth IRAs???
Many other Western countries have equivalent government registered plans also.

Are you saying, any funds you brought into Thailand in 2023 is Taxable? I thought this tax grab is only from Jan. 1, 2024. If that is the case, I guess all expats who spent more than 180 days in Thailand last year, have already filed Thai taxes for 2023. The deadline has long since passed, yet it se...

FrazeeDK wrote: ↑
June 7, 2024, 6:28 pm
so? who is debating the quite clear specifics of the Dual Taxation treaties??

The Thai Revenue Department is. They might interpret things differently.

Maybe with this edict, the penny will drop with the sour faced "Mrs Cannot" at the Udon tax office when I try and apply for a Thailand TIN. Did you get one? It will be interesting how the revenue office intends to assess worldwide income, how will they know how much I earn in roubles in Moscow? You...

you can always avoid paying tax by sending the money to your wife's account as a gift , gifts up to 20 million baht are free of tax ,although many will not trust this as they do not trust their own wife ... :lol: Is this a fact, or are you just joking. If it is indeed true, then one could just send...

kopkei wrote: ↑
June 1, 2024, 9:42 am
you can always avoid paying tax by sending the money to your wife's account as a gift , gifts up to 20 million baht are free of tax ,although many will not trust this as they do not trust their own wife ...
[/quo

Search found 1558 matches

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: Visa Question

Re: Visa Question

Visa Question

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad

Re: new tax for all foreigners...

Re: new tax for all foreigners...

Re: new tax for all foreigners...

Re: TAX on Income from Abroad

Re: TAX on Income from Abroad