@Urs *******

So you simply transfer "savings" accumulated prior to 1st January this year! I can't believe how naive people are when it comes to tax avoidance. They all turn into bleating sheep! I refuse to become enshrined in Thailand. I refuse to have a Pink ID card, a driver's licence, blue book, yellow book, green book, purple book. I will never own property here. All I have is a bank account and a 12-month lease. When I apply article 3 (c) of the DTA, I am so far being an Australian Tax Resident that Thailand cannot touch me!

@Urs *******

I'll pass on that one. The ATO has advised me that as an Australian Tax Resident I need only furnish my Residency Certificate as the Thai Tax Office would be aware of the tie-break in the DTA. Provided I am not earning money in Thailand a tax return is not required. That's advice from the highest level. But you are free to do whatever you want!

@Werner ***********

I think you're joking. It's a well-known fact that embassies around the world run their own shows and make their own rules. Even in Australia there are inconsistencies between the Canberra Embassy and Sydney Consulate with visas and pricing. There's no way in the world they have meetings! 😆😆😆

@Urs *******

Yes I did. It speaks only of monies remitted from overseas. It doesn't even mention DTAs which are a crucial factor for foreigners especially those with dual tax residency. Any money I transfer was earned long before the cut-in date, so I won't have any assessable income and as such am not required to file a tax return, although I will submit my overseas certificate of tax residency if the Thai tax office wishes to audit me (although there's more chance of me winning $1,000,000 on the lottery! 😆

@Werner ***********

Embassies compare notes?? 😂😂😂. That's never going to happen

@Urs *******

The Royal Gazette only states money remitted to Thailand will be taxed. It doesn't mention anything specific about expats. You seem to be guessing.

@Urs *******

Can you provide a link to the Royal Gazette?

@Urs *******

Hmmm. I think you'll find foreigners won't be "facing" anything next year. If in the unlikely event Thailand Revenue Office suddenly decides to enact this old legislation, there will be months of analysis of DTAs required to determine which category of person and which nationality has "assessable income". Most retirees are bringing in funds accumulated prior to 1st January 2024 so there's zero assessable income and zero tax to pay. The Taxation Department do not have the resources to analyse every single expat in Thailand to determine who is liable for tax and who isn't, so like every previous year, it'll be put in the "too hard" basket. The only change to tax law in the last year is the closing of the loophole which enabled wealthy Thai people to forego tax by keeping their profits overseas until the following tax year, so avoiding payment of tax. The authorities will have their hands full with these people and won't have any benefit in chasing expats for possible small amounts. It's just not worth their while

@Urs *******

What you don't understand is that the system has NOT changed, it's just been unenforced. There are rumours that it "may" be enforced from this year, but these rumours have been spread by tax agents trying to con people out of their money. My advice has always been wait until something actually happens before spending tens of thousands of what may be an unnecessary venture. Unfortunately the link you provided is to one of the biggest pushers for business in Thailand and many people are being sucked in by the rhetoric.

@Urs *******

There's no new tax system which targets foreigners. There has been no change in this legislation. Unfortunately it seems you've been drawn into the big "Tax Agent Scam" but you're not the only one!