Thailand to introduce compulsory travel insurance/tourist tax

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Dannie Boy
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Re: Thailand to introduce compulsory travel insurance/tourist tax

Post by Dannie Boy »

It’s all a bit vague at the moment but it’s certainly possible that expats with a long term visa will be exempt and treated like a Thai resident, not a tourist?


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Re: Thailand to introduce compulsory travel insurance/tourist tax

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When the chips are down Thailand does what it does best, tax em then tax em more ...

Thailand ponders reviving outbound travel tax
The Revenue Department is studying the feasibility of reviving an outbound travel tax on Thai nationals.

Officials are researching practices in other countries, especially developed nations, that have similar taxes in place, said Pinsai Suraswadi, director-general of the department.

Thailand has imposed a departure tax on all travellers, Thai and foreign, since 2007. Currently 700 baht, it is automatically included in the price of international air tickets. The outbound travel tax, if adopted, would be collected separately.

The country first imposed an outbound travel tax in 1981 in response to an economic crisis because the government wanted to prevent capital outflows. The levy applied to individuals travelling abroad by land, sea or air.

However, the tax was gradually exempted and then abolished.

Mr Pinsai said that during the period when the travel tax was in place, even in times of economic crisis, Thais continued to travel abroad.

Although the tax generated revenue, the collection costs were high and rendered it inefficient, leading to its eventual discontinuation, he said.

In the past, travellers had to purchase a coupon from designated booths before departing the country, which incurred high operational costs.

The Revenue Department is now considering alternative methods such as online payment platforms or through the mobile app of Krungthai Bank (KTB).

“The department is studying whether it is appropriate to impose this tax. If implemented, the department is considering which method should be used for tax payment,” said Mr Pinsai.

“The payment method may need to be updated, either through an online system or via the KTB app.”

In addition to an outbound travel tax, the department plans to encourage individuals to repatriate income earned from foreign investments by offering a tax exemption for a two-year period. After two years, normal tax rates would apply.

The details of this policy are still being finalised, said Mr Pinsai.

https://www.bangkokpost.com/business/ge ... travel-tax
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