News Forum - Thai 5th grader juggles school and babysitting duties in class (video)
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Thaiger,
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5
News Forum - Thailand to tax residents’ foreign income irrespective of remittance
They are going to implement global taxation - and IMO it will happen soon (2025/26). At the moment they only tax money earned worldwide, when that money is remitted into Thailand. When they make the change, income tax will be liable on all income earned worldwide. The current tax system is full of holes and unknowns, and a global taxation system is 'alien' to the Thailand legal system (which is not 'common law' based). Lots of things need to be clarified and decided now, and then going forward many things will need to be sorted and managed centrally. Localised Provincial interpretations and decisions will have to controlled, and they will need to have the ability to be over-ruled by TRD centrally. It is not necessarily about only working Expats. According the the tax code and TRD advices, an Expat's Pension is taxable income - as is the interest/earnings he/she gets from money invested outside Thailand - when it is brought into Thailand. This has never been enforced in the past and TRD just 'let it go' and assumed all money earned overseas was only remitted after 12 months (tax free). Now that has changed, there is a while can of worms about what is taxable and when and where. Countries like Philippines and Malaysia have specifically excluded all forms of income that Expats earn overseas - as long as the money has been subjected to the tax system of the country in which it was earned. The Malaysian Finance Minister stated it best something like this - 'we are not going to penalise retirees who come here and bring their money here to spend it here'. Actually, double tax treaties come into play now - and will more under this new 12 month rule change - and more so under the global tax system. But your point is very much 'nail on the head' and it is the biggest problem with how TRD implements this new system, and the global system. How and where and when is TRD going to manage income tax returns for Expats, when there are 61 separate tax treaties. How can Somchai in the Provisional TRD Office deal with an Expat's claim made under their home country's DTA. A bloke recently had a meeting with the local TRD Office, with his Thai tax lawyer with him, and the TRD Official said they dont use DTAs and dont know how they will work. TRD HQ has a lot of work ahead of it, because they never enforced PIT rules before for Expats (and many Thais). Hopefully the Thai Govt will do what Malaysia and Philippines did and exclude retired Expats - which I hope includes married ones too. -
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News Forum - Northern Thailand: Police shoot armed drug dealer in self-defence
Indeed so. I thought it was impractical, even a bit dangerous, for us to carry any personal weapon, as shot down, we were not going to take on ground troops. Gulf War 1 showed this to be a truth. -
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Visa renewal date and return ticket?
The requirements are well spelled out, as to the documentation you need for your financial proof. If you are unsure of how and what to do, and you used an agent in the past, it might be advisable to do so again for your renewal. Searching here in The Thaiger forum will give you very good information on what you need to provide. Good luck to you. -
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News Forum - Disgraced Khon Kaen school director nabbed for buying sex from student, 12
Except the pedos. We need to punish them, brutally and without compassion.- 1
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News Forum - Army dog auction to feature trained military dogs
Responsible approach. These are not pets, they are employees that didn’t pass the test. Maybe the handler couldn’t take the rejected dog as they have a new work dog to bond with. My only criticism is the prices are too low. Crank it up to weed out the people who cannot afford to care properly for a dog. We paid 5,000 baht for our dog and, years later, 35,000 to get his injured eye removed including follow ups. He looked like a spoilt pirate.
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