Search found 6 matches

by Stevepiraq1
Tue Feb 18, 2025 4:37 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

The tax office in Hua Hin are fully aware of all of this - its their job, and what they do. They are not trying to rob anybody (even discounted my wife's expensive operation without seeing receipts). The only problem is proving that I've paid tax. Now that I have certified documentation on its way,...
by Stevepiraq1
Tue Feb 18, 2025 4:29 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

Income tax paid abroad can be credited against Thai taxes if permitted under Double Tax Agreement (DTA). So, there will be no double taxation for residents of Thailand. Remarks: Documents and evidence may be required in order to prove sources of income and to claim foreign tax credit under Double T...
by Stevepiraq1
Mon Feb 17, 2025 3:49 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

We are all confused with this but unless you live an extravagant life here the implications are I believe low. If you can prove you have already paid tax on what your "earned" overseas, then the implications are almost zero. Then there are deductions that can be claimed as follows: Tax all...
by Stevepiraq1
Thu Jan 16, 2025 4:18 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

Now that we're in to the tax reporting period, does anybody have a clue what we need to do? I was confident they would issue some kind of instruction, which we could either follow, or seek help with. As far as I can see, it is very Thai - make it up as they go................ or have I missed somet...
by Stevepiraq1
Mon Dec 23, 2024 5:22 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

As I have just said this is not related to immigration, at least not at this time. Immigration advised me that the Thai Revenue Department has no interaction with them in regard to issuing of visa's. At the pubic hearing I attended the representative of the TRD stated that it is self-declaration. If...
by Stevepiraq1
Mon Dec 23, 2024 4:36 pm
Forum: Legal, Visa, Finances & Employment
Topic: Tax residency in Thailand and taxing overseas income
Replies: 700
Views: 691866

Re: Tax residency in Thailand and taxing overseas income

Yes, HSBC are still fine with expats, they are a major international bank of course (although I'm frustrated by their only offering commercial services in Thailand, not retail). Other banks including Barclays and Natwest have been closing expat accounts for years now, but this Thai tax thing will a...