Well tickle my arse with a feather (old English saying), so what's the panic about the Thai taxman hitting Farang remitances?
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TLDR : Answer Summary
The discussion revolves around the panic among foreigners (Farangs) regarding potential taxation of remittances by the Thai tax authorities. Many commenters downplay the need for concern, suggesting that most expats, particularly retirees, may not face significant tax liabilities. There is disagreement on enforcement and tax obligations, especially regarding pensions and the implications of Double Taxation Agreements (DTAs). Some assert that the relationship between remittances and Thai taxation is unclear, emphasizing that any applicable programs or regulations predominantly affect tourists.
I can't understand expats being worried about tax in Thailand. Many, especially retirees will pay nothing. Those bringing in untaxed money will almost certainly have to....and why not?
Almost certainly? No enforcement regarding registration in 40 years. So why would it be "certain" now? And pensions remitted into Thailand, depending upon the relevant DTA, are subject to tax assessment.
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