Thai revenue tax for farang residents

[Newton York]

Why is everyone talking about taxes? Why is there a whole thread on taxes? Why by Beelzebub's balls does any of this exist? This is a forum on SEX. Sex I say!

Who cares if any of you lucky fucks have to pay taxes in Thailand? You're lucky enough to be living in Thailand, having unfettered access to all the amazing Thai pussy and you want to jibber jabber on and on about taxes? By Gandalfs beard! I actually have to pay taxes to uncle freakin sam that sent me to die decades ago. So who's the lucky one?

Look, just get over yourselves, enjoy that you're living in paradise. Pay the measly 10 bucks you owe in taxes to the Thai government or whatever and enjoy the pussy, and at this horrendous Christmas time, watch the greatest Christmas movie ever made: Die Hard!

Yippie Ki Yay motherfuckers! Ho! Ho! Ho! Welcome to the party pal!

By the ballsack of Mephistopheles Himself, what a bunch of cheapskates. How much can Thai taxes be when you're all rich enough to be partying it up in Thailand? I'm paying thru the nose here in the hellhole that's America with taxes, medical bills, rent, etc. You guys are practically living for free in Paradise itself. I can't even find time to get back to Thailand, much less money. John McClane would be very disappointed in you.

Listen to John McClane:

"You know what you get for being a hero? Nothin'. You get shot at. You get a little pat on the back, blah, blah, blah, attaboy. You get divorced. Your wife can't remember your last name. Your kids don't want to talk to you. You get to eat a lot of meals by yourself".

[SubCmdr]

You won't be hearing anything about my tax situation in Thailand or any other jurisdiction where I am a tax resident. I don't take advice from or share information on my personal financial or tax situation with International Tricks.

I may become a tax resident in Thailand in 2025. I have squirreled away money in a Thai bank that I can live off in 2025, and can use credit cards for some expenses.

However, if I read about horror stories in March from guys getting hassled by the Revenue Department, then I will hit the road for 180+ days in 2025.

[Explorer8939]

I may become a tax resident in Thailand in 2025. I have squirreled away money in a Thai bank that I can live off in 2025, and can use credit cards for some expenses.

However, if I read about horror stories in March from guys getting hassled by the Revenue Department, then I will hit the road for 180+ days in 2025.

[SubCmdr]

Having received competent legal advice on my personal tax situation. I will be running like a * I am good right here in Thailand. Until the administrators for His Majesty says otherwise.

[Explorer8939]

I leave Thailand today for the rest of the year. I will hang out in Brazil early next year while waiting to see if this tax situation is a problem or not. Also, I really don't like High Season in Pattaya, the ladies are too busy, and the traffic is miserable.

I'll come back in late February if the new tax regulations are a nothingburger.

[Explorer8939]

I checked around, and there is still no guidance from the Revenue Dept about the new tax regulations.

The current tax forms are fairly useless for a Farang to declare accessible income.

Right now, I am considering hanging out in Thailand in 2025 more than 180 days, and only remitting non-accessible income from the US. Plus use credit cards where possible since there has been no ruling on whether credit card payments are accessible income.

I sure hope that the ladies will accept credit cards.

[Stykler]

For those catastrophising about the "proposed" new tax laws, can I suggest you take a look at this opinion before you do anything.

https://www.youtube.com/watch?v=AxIW...yLegalThailand

[Explorer8939]

My bad. You legal section is very informative. Maybe the person with the tax questions should read it more closely.

This is true. But who actually did not know that. In fact I believe it is you that referred to changes to the tax law right from the beginning. Everything Thai has been over this issue.

Don't you think this will result in a major announcement when the time comes for enforcement of the changes?

Why don't you ask your bar girls when they are not sitting on your face? You get plenty of other information out of them.

I still don't get WHY you are asking others to reveal their tax information on a public form Does not make sense to me. No more than you know the relationship status of all the prostitutes in Thailand. How many times have you asked the question and not gotten an answer. You have even called me out directly! If you have already decided to not be a tax resident for 2024 it means you do not have to file in 2025.

Period! Full Stop

There's a handful of Farangs who are aware of the new Thai tax regulations, but the vast majority are clueless.

It will be interesting to see what happens on March 31, when Thai tax returns are due to be filed.

[SubCmdr]

By the way, I started the other legal section. Sub must have forgot that the tax thread was started by Bionic Man. So feel free to post what you want here, as I am not the admin of this thread, but the other thread.

My bad. You legal section is very informative. Maybe the person with the tax questions should read it more closely.

Technical note: the new tax situation in Thailand is based on changes in tax regulations, not new tax laws.

This is true. But who actually did not know that. In fact I believe it is you that referred to changes to the tax law right from the beginning. Everything Thai has been over this issue.

Allegedly, regulations have been changed, which allegedly require tax residents to file Thai income tax returns, starting in 2025.

Don't you think this will result in a major announcement when the time comes for enforcement of the changes?

Again, I am only asking who is planning to file.

Why don't you ask your bar girls when they are not sitting on your face? You get plenty of other information out of them.

I still don't get WHY you are asking others to reveal their tax information on a public form Does not make sense to me. No more than you know the relationship status of all the prostitutes in Thailand. How many times have you asked the question and not gotten an answer. You have even called me out directly! If you have already decided to not be a tax resident for 2024 it means you do not have to file in 2025.

Period! Full Stop

[Explorer8939]

Technical note: the new tax situation in Thailand is based on changes in tax regulations, not new tax laws. Allegedly, regulations have been changed, which allegedly require tax residents to file Thai income tax returns, starting in 2025.

Again, I am only asking who is planning to file. No need to add drama to your answer. Nor am I looking for tax advice or recommendations for a tax accountant.

And yes, I am familiar with DTAs, and differences between the Thai and US marginal tax rates.

[EverythingThai]

I haven't made up my mind about anything. I'm not going to be a tax resident in 2024.

I will wait and see what happens on March 31,2025, the official filing date for Thai taxes next year. If SubCmdr and big numbers of resident Farangs file their taxes, then I may find a second home outside of Thailand, maybe Mexico.

I will spend at least January and February outside of Thailand.

I am hoping that the tax situation will be known by February 1.

Given the lack of response here, and lack of discussion in Pattaya, my guess is that not many will file. I'm not hearing stories about people obtaining Thai tax IDs.

Sorry, this post of yours must have just posted after moderation, so I missed it. This answers some of my questions I guess. However, I think more than 80% of others won't file their taxes here in Thailand unless they are forced to do it. End of story. So, don't wait for them. Wait to see if enforcement is announced in Feb 2025 and then follow that instead.

Now go fuck all those married Thai girls you are always talking about and have a little fun won't you?

I'm going to a local bar in my area because the traffic for Loy Katong is just crazy!!! Last year, I spent it on Soi 6 with the 40 drink girll. This year, I am, going to pick up a girl at a local KTV near my house.

[EverythingThai]

I haven't made up my mind about anything. I'm not going to be a tax resident in 2024.

I will wait and see what happens on March 31,2025, the official filing date for Thai taxes next year. If SubCmdr and big numbers of resident Farangs file their taxes, then I may find a second home outside of Thailand, maybe Mexico.

I will spend at least January and February outside of Thailand.

I am hoping that the tax situation will be known by February 1.

Given the lack of response here, and lack of discussion in Pattaya, my guess is that not many will file. I'm not hearing stories about people obtaining Thai tax IDs.

Explorer. It's your personal preference and decision to make sure you are not a tax resident next year. However, I just do not understand you needing to ask so many times what others are doing. It makes no difference. Whether they get tax ID's and file or not still won't change your position right? You will still make sure you are not here for 6 months next year and I respect that.

I just get annoyed when you keep coming back asking why others are not scared like you. That's really what it boils down to right? What I tell my clients is this. Most are protected by a DTA, so if they decide to file, the amount of tax in Thailand they will need to pay will be nothing or very little. Then the 2nd option is to wait, which is the more sensible option. Why? Because as I have mentioned before, for enforcement to be implemented, laws need to be passed and that process requires time. There is not enough time in my opinion to make that happen for the coming tax year. Then there is the backlash the government would receive. Also their priorities are focused on more important things now. If you wait, you will see what happens in the new year. If immigration announces you need to provide your Thailand personal income filing and evidence of payment to the Revenue Dept if you have to pay even, TO EXTEND YOUR VISA, then you can easily hire a Thai accountant in Pattaya to file the return for 2-3000 baht, which will indicate that you have paid tax already at the source, so the impact will be minimal. However, If no enforcement is announced, you will be free of the annoying procedure of filing right?

But, again, you do not need to wait to see what others do. Believe me, if something happens, it will be plastered all over every news outlet. You won't need to find out from the other expats who will announce to the word they are getting a tax ID and filing.

We are just tired of reading your sarcastic posts about why other expats up in the village are not obsessed with this like some others, such as you. Do what you want and if you really want good tax advice, send me a PM and I can recommend someone really good. However, accountants or lawyers, foreign or Thai are offering tax advice now and doing it to scare people into hiring them to apply for their tax ID. They are asking ridiculous amounts for this. I have seen 7-10 k and even 15 k. It's just horrible. It's so dam simple to get it actually. I know you do not want legal advice, so what do you want then? Do you want everyone to say they will get their tax ID and file? What do you want? Tell us. Why is it so important for you to know what others are doing? You will do as you please anyways.

Explorer, the Thai government did not change the accessible income law to chase after foreigners. They could care less about your money. THEY DON'T CARE ABOUT YOU!

So, just don't worry about others as your situation won't change. I know you already. You do not trust the Thai government to enforce this law and you don't trust them not to enforce this law. Therefore, you are caught in an endless circle of doubt.

You clearly don't understand the ramifications of these tax regulations IF they are enforced.

I understand very well what the ramifications are. I know they are different for each individual. I also know that it's never a good idea to make decisions when you have incomplete information. It is also not a good idea to depend on what others decide so you can follow them.

WAIT AND SEE EXPLORER or just do what you want and stop asking why others are not as worried as you.

By the way, I started the other legal section. Sub must have forgot that the tax thread was started by Bionic Man. So feel free to post what you want here, as I am not the admin of this thread, but the other thread.


I HOPE I AM RIGHT ABNOUT ALL THIS! But, If I am wrong, at least I will have advised my clients to make the final decision when they have the complete info. That should be end of February I hope.

I haven't made up my mind about anything. I'm not going to be a tax resident in 2024.

But you have. You have made up your mind not to be a tax resident in 2024.

[SubCmdr]

If you followed my advice to seek out competent tax advice about your personal situation then you would not have any questions. Nor would you be wondering about what other Farangs are doing in Thailand. I am Farang dam. Address me correctly Explorer and stay out of my tax business and my Dominican Business. You are welcome for the advice I gave you there.

Don't you talk enough male bovine excrement to me in the other Thailand Threads. This thread was started by Everything Thai in order to provide general information. What country are from? If you want to know about my personal tax situation make a note that I am following the lead of the President Elect of the United States of America.

I haven't made up my mind about anything. I'm not going to be a tax resident in 2024.

I will wait and see what happens on March 31,2025, the official filing date for Thai taxes next year. If SubCmdr and big numbers of resident Farangs file their taxes, then I may find a second home outside of Thailand, maybe Mexico.

I will spend at least January and February outside of Thailand.

I am hoping that the tax situation will be known by February 1.

Given the lack of response here, and lack of discussion in Pattaya, my guess is that not many will file. I'm not hearing stories about people obtaining Thai tax IDs.

Do you really plan to rely on a bunch of International Tricks and Sexpats to give you information on how to handle your personal tax situation in Thailand?

If so, much success with that. ROTFLMAO!

[Explorer8939]

Why? And why? You are clearly one who does not listen to the advice of anyone that suggests you not to file or to wait to see what happens with enforcement first before making a decision to file. You have already made up your mind about what you are doing. In your prefect world, you want all expats to tell you they are going to file, so that way you can say "I told you so" in some internet chat forums like ISG or other discord forums in Pattaya that will remain unnamed. Why do you care what others do if you are only going to do what you want anyways?

ET out.

I haven't made up my mind about anything. I'm not going to be a tax resident in 2024.

I will wait and see what happens on March 31,2025, the official filing date for Thai taxes next year. If SubCmdr and big numbers of resident Farangs file their taxes, then I may find a second home outside of Thailand, maybe Mexico.

I will spend at least January and February outside of Thailand.

I am hoping that the tax situation will be known by February 1.

Given the lack of response here, and lack of discussion in Pattaya, my guess is that not many will file. I'm not hearing stories about people obtaining Thai tax IDs.

[EverythingThai]

My question is who is planning to file a Thai tax return next year?

Again, I'm not looking for tax advice, just whether people here are planning to file or not. The filing date is March 31.

Why? And why? You are clearly one who does not listen to the advice of anyone that suggests you not to file or to wait to see what happens with enforcement first before making a decision to file. You have already made up your mind about what you are doing. In your prefect world, you want all expats to tell you they are going to file, so that way you can say "I told you so" in some internet chat forums like ISG or other discord forums in Pattaya that will remain unnamed. Why do you care what others do if you are only going to do what you want anyways?

ET out.