Search found 1564 matches

by newtovillagelife
October 30, 2024, 4:19 am
Forum: Travel & Transport
Topic: No more boarding passes: facial recognition 6 airports
Replies: 8
Views: 3355

Re: No more boarding passes: facial recognition 6 airports

No boarding pass or stamp in your passport, so I guess we have to keep some kind of proof, if we are trying to keep our stay in Thailand under 180 days.
by newtovillagelife
October 12, 2024, 12:23 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

Hi STW, could you please explain what you mean by the term "bed and breakfasted", and how it pertains to the current Thai tax situation. Thanks.
by newtovillagelife
October 9, 2024, 10:00 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

What if the TRD decides to audit you, but you have left the country already.
by newtovillagelife
October 7, 2024, 8:08 am
Forum: Sports Bars
Topic: Transferring Funds out of Thailand
Replies: 6
Views: 3039

Transferring Funds out of Thailand

Are there any restrictions (limits on amounts) on transferring funds back to ones home country, from a Thai bank.
by newtovillagelife
October 7, 2024, 4:49 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

If you bring in a lump sum of cash in a year that you are not a tax resident, and then just live off those funds as a tax resident for a few years, would you be liable for any tax? Just because you are not tax resident doesn’t exempt you from paying tax on something remitted during that year. This ...
by newtovillagelife
October 5, 2024, 10:28 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

If you bring in a lump sum of cash in a year that you are not a tax resident, and then just live off those funds as a tax resident for a few years, would you be liable for any tax?
by newtovillagelife
September 7, 2024, 8:46 pm
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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...
by newtovillagelife
September 7, 2024, 10:05 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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...
by newtovillagelife
September 7, 2024, 9:04 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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.
by newtovillagelife
August 18, 2024, 10:12 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

What if your social security was not tax exempt, how would you feel the ?
by newtovillagelife
August 18, 2024, 8:29 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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...
by newtovillagelife
August 14, 2024, 4:30 pm
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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

Let's hope so!!?
by newtovillagelife
August 12, 2024, 9:24 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

Of course this "gift" to your spouse is for their personal use, and cannot be used for living expenses for you both.
by newtovillagelife
July 18, 2024, 9:03 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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.???
by newtovillagelife
July 18, 2024, 5:17 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

If you have remitted nothing into Thailand in 2024, but are a tax resident, will you be required to file a Thai tax return?
by newtovillagelife
July 10, 2024, 11:17 am
Forum: Thailand Visa & Immigration Information
Topic: Visa Question
Replies: 6
Views: 4458

Re: Visa Question

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...
by newtovillagelife
July 10, 2024, 3:46 am
Forum: Thailand Visa & Immigration Information
Topic: Visa Question
Replies: 6
Views: 4458

Re: Visa Question

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.
by newtovillagelife
July 9, 2024, 8:29 am
Forum: Thailand Visa & Immigration Information
Topic: Visa Question
Replies: 6
Views: 4458

Visa Question

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...
by newtovillagelife
July 6, 2024, 12:22 pm
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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 ...
by newtovillagelife
July 6, 2024, 9:20 am
Forum: General Udon Thani Forum
Topic: TAX on Income from Abroad
Replies: 513
Views: 84392

Re: TAX on Income from Abroad

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?

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