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Frank *******
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Frank *******
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Frank ********
@Magnolia ********
yep, stretch and more stretch. I do that in the morning, helps me get through the day. Getting ready for nerve obliteration next month prior to my trip to Thailand.
Frank ********
@Paul *******
pretty sure the homeless rate is mostly because of drug, alcohol addiction or mental health here in the USA. I agree that living on social security alone is difficult, but if you worked all your life, retirement planning is crucial.
Frank ********
@David *******
that is my thinking also, until there is some clarification.
Frank ********
@David *******
Before leaving Thailand, you would need to file the normal income tax return on income derived in Thailand. Fifteen days before you leave, apply for a Tax Clearance Certificate from the Revenue Department. This should verify that your income was non-taxable by the Thailand tax authority.
Frank ********
Before leaving Thailand, you would need to file the normal income tax return on income derived in Thailand. Fifteen days before you leave, apply for a Tax Clearance Certificate from the Revenue Department. This should verify that your income was non-taxable by the Thailand tax authority.
Frank ********
The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.

The new system would be based on the widely recognised principle of worldwide income, said Kulaya Tantitemit, the director-general of the department.
Frank ********
Nonetheless, tax experts now admit that for decades, Thailand has effectively been a tax haven for retirees or foreigners living on income treated tax-free from abroad.

Revenue Department has set its eyes on all income earned in 2024 and is requiring tax returns from all Section 41 foreign residents by March 31st 2025

So at the very least you will have to pay an accountant to file for you. Maybe do it yourself, but good luck arguing a tax concern. This will create tax revenue and very good paying accountant jobs.