There Has Been "Government Input" on Thai Tax Law "Changes"?

[@davidrush7189]

I was taken in by the internet BS so I asked two accounting companies here in Pattaya who deal with taxes, both said nothing to do yet. After more internet BS and some uncertainty on my part I went to the local tax office in Jomtien with a filled out form to get a TIN. Was asked a couple of questions and told to go away, I don't currently qualify to even have a TIN let alone pay anything. My lesson learnt is to no longer listen to the bar stool experts.

[@euromotif]

What did they ask... Are you a US citizen?... No, OK go away.

[@davidrush7189]

@@euromotif Do I have a company or business in Thailand. Answer, No. Do I earn money in Thailand from working. Answer, no. OK go away, nothing for you to do. Luckily there was no queue and no long wait so I didn't waste to much of my time in there. Jomtien office.

[@rainmon]

Who are the 2 companies contacted in Pattaya, I live here too and would like a consult? How is the Thai gov suppose to enforce this expat tax, are they going to stop us at the airport or freeze our bank accounts by end of March 2025?

[@davidrush7189]

@@rainmon Cat Accounting was one and J & E Concierge was the other. Both can be found on Google, both said nothing for me to do yet except wait.

[@steviec8870]

Again thank you Ben always appreciated

[@MikeFoscolos-ch7ms]

Excellent work Ben! You are doing a great service to the expat community.

[@anonlytwin7425]

I am under 3 years from when I intend to retire. I find your videos informative. I acknowledge approx 3 years is a long time away, but - and as you have said - there is currently uncertainty in what MAY happen/be required, and this uncertainty is being amplified by people taking advantage of the situation to get a financial gain or more 'hits' for a youtube channel. For me - and I may be naive - the issue is global RE if Thailand follows OECD pressue or not. I have a few years until I decide what to do, but I hope Thailand pushes back on the OECD/WEF agenda. I hope before I retire it is resolved and it is beneficial to expats RE no double tax hit on retirement income. If not then for me its likely Cambodia, Laos or South America, which is a shame as my heart is set on Thailand.

[@chrissmall1246]

I appreciate you Ben. Thank you for your current and consistent updates. You are helping to calm the expat vibe...it's the vibe in Thailand that brought me and keeps me here. That and my lovely wife of course. Keep up the good work. 👍

[@AndrewRowley-Bates]

Yet again, sensible commentary on this subject.

[@OsmiumFist]

I'm more concerned with the shrinking exchange rate with the AUD.

[@makmcqueen8634]

If it is any conciliation they do plan do devalue the Baht (No idea how they plan to do that) but the gov wrote about it. to attract Foreign investment apparently. Same article that talks about VAT mentions this and other strategies.

[@PaulBengtsson]

Yes, In my case the NOK and SEK

[@TonyHatzi-dk4jz]

Thank you Ben setting everyone straight

[@JesusChrist2000BC]

You didn't disprove anything. They can still put it into policy, they literally said that they were going to do it. So just because they haven't done it and it's in December doesn't mean that they're not going to do it next year which is actually when it's stated to happen. Why would anybody make a serious Financial investment in a country that's going to take a huge cut of that for zero benefit. Not only does the law need to not occur but it needs to be explicitly stated that it will not occur in order for people to have any confidence in the market.

[@whaleshrimp111]

I am doing what some other foreigners are also doing. Instead of bringing money into Thailand annually I am spending down the balance in my bank accounts in Thailand.

[@makmcqueen8634]

Exactly bud. I planned to get a house through my wife and open a business now I'll wait and see. Can survive nicely for a couple of years.

[@chrish8903]

Thanks Ben.

[@michelbernouis1238]

I was under the impression that money 😔 brought in Thailand after 1 January 2024 would need to be declared to the tax revenue if you were staying more than 180 days in Thailand.Now I am very confused.

[@rainmon]

How is the Thai gov suppose to enforce this expat tax, are they going to stop us at the airport or freeze our bank accounts by end of March 2025?

[@mangostickyrice555]

Thumbs up 👍 Hart

[@joecachia3446]

Great to hear common sense

[@bangkokadventures298]

I appreciate this channel so much. Clear, concise, right to the point information

[@wengelder9256]

Lol. Never any advise is given . Never . Man is clueless .

[@chickendinner4098]

No Tin Stay, Tin Leave, its really that simple, well unless you have an LTR Visa!

[@EyesOnThais]

Short 'n' sweet!

[@les8518]

Thank you Ben.

[@APPA1]

Thank you so much, Ben. These small-time vloggers, Issan Farang, etc etc, so much scare mongering.

[@Ulbre]

The title,There Has Been "Government Input" on Thai Tax Law "Changes", made me smile......if any tax changes are made of course there's going to be govt input...

[@raypeter7332]

People will show they lnows every everything about Thai la ,etc,etc,wich mea6n play BIG!Thanks Ben for the true!

[@carl7428]

good comments again

[@fractal1133]

But what about documents from the bank?

[@johnfoose4883]

I always quote you but cannot put these guys in jail. They are taking advantage of people.

[@Kohyoti]

Has anyone reported these grifters to the labor ministry? They're clearly rubbing their hands together with all the expat business they're going to drum up if residential worldwide taxation goes through, in addition to fearmongering about the current situation.

[@sfm9]

There will never be a "momentum" behind a tax.

[@ArriyaPBrown]

Lets see who moves first ... no Tax ID needed? Yes better to wait until everyone needs it 555.... if you are bringing money into Thailand you need a tax ID to explain where your money comes from

[@MikeFoscolos-ch7ms]

Consult a Thai accountant. There are many example where you should not get a Tin or declare. Eg If you are not in Thailand 180 days in the calendar year, and have no domestic sources of income, you are not required to declare funds you remit to Thailand, and do not qualify for a TIN. If you import capital or savings, and have no domestic sourced income, you are not required to declare or qualify for a TIN.

[@ArriyaPBrown]

No new law needed just a fresh interpretation of existing law which allows them to collect taxes which they could always have collected. Google Swiss embassy and Thailand Revenue department and hear what they said a year ago.

[@pheasantplucker6117]

Another example of the bloated public service sector in Thailand.

[@tonyivanovski2687]

Thanks for the update as usual, you explain very well even stupid people can understand

[@waynelesperance5604]

I told other people on another channel asking about Thai taxes . The best way to deal with their questions is contact your firm . Pay the fee and get advice.

[@billybob7522]

The only people who have benefitted so far are all the KZbin vloggers panicking many and generating clicks on their videos.

[@shuttlemanjack]

As an American who occasionally lives is in the Kingdom more than 180 days I'm not concerned. Every yearI hit the ATMs for $$$ but it's far less than my Social Security and VA Disability that are directly deposited into my US bank.

[@rainmon]

thank you for nothing

[@KMOinT]

Nothing has changed yet. Everything posted on the internet is currently opinion. Wait for official announcement or info from the government.

[@fanpatrick2897]

You will know the actual situation after Jan01 2025 as Tax Department knows who is thai tax resident (2024)and start doing something on you ...😂😂😂

[@IntegrityLegalThailand]

Stop trying to scare everyone. --BWH

[@ArriyaPBrown]

They told us in 2023 who would be taxed and how? Watch the Swiss embassy / Thailand Revenue Department video and then tell me what you think. The clock started ticking on Jan 1 2024.

[@rainmon]

@@IntegrityLegalThailand immigration already knows who is a plus 180 day resident, if the government has the resources and decides to go after those not filing it's a no brainer they already have our information. The only question is what tax law/details will be enforced, how it will be enforced and who the government will go after, will they freeze bank accounts, will they prevent us from getting on a flight out of the country? All we want to know is what are the facts for the retired expat community, it's not about fear it's about reality = who and how will we expats will be affected.

[@LegalAutomation]

First

[@Alexweb-s5t]

Rapidly losing charm .los