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Author Topic: income tax  (Read 19238 times)

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Offline Starman

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Re: income tax
« Reply #15 on: March 27, 2013, 09:57:09 AM »
Not the same article, but try this:

http://www.rd.go.th/publish/6045.0.html

Offline davu

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Re: income tax
« Reply #16 on: March 27, 2013, 10:23:30 AM »
In my case at least, income from state pension is not taxable in Thailand. Beside the point I know, but I am surprised that so many people have no interest in paying income tax! I don't have to get a tax number either, although I am sure that I could get one if I spent a bit of tea money...

Offline Eric2012

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Re: income tax
« Reply #17 on: March 27, 2013, 10:46:14 AM »
It was on the last page of the business section titled 'Where credit's due'-table showing tax rates in centre

Offline Eric2012

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Re: income tax
« Reply #18 on: March 27, 2013, 11:04:44 AM »
Most of the time,taxation laws are fairly similar in Thailand to Western countries.No tax is payable on savings brought into Thailand,however,tax is payable on any earnings on those savings.One thing I would watch out for is rental income.Most expats will have property{except condos} in their partners' name.This means that partner will need to show rental income on their tax return-even though you have probably paid for it.I believe tax is something you do not mess around with-just paying it is a lot easier in the end.Personally,I would rather get a good night's sleep than save a few baht. But that's just my humble opinion.

Offline toffo

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Re: income tax
« Reply #19 on: March 27, 2013, 11:19:22 AM »
Never heard of anyone paying Tax here.. Is it a upto you thing or is it set in law... Only the daft pay tax in this country...

Offline toffo

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Re: income tax
« Reply #20 on: March 27, 2013, 11:20:52 AM »
I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that??   swordfight

Offline Eric2012

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Re: income tax
« Reply #21 on: March 27, 2013, 11:36:28 AM »
You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.

Offline Antonio

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Re: income tax
« Reply #22 on: March 27, 2013, 11:53:35 AM »
You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.
Sharp as a knife Eric.2012 :biggrin:

Offline toffo

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Re: income tax
« Reply #23 on: March 27, 2013, 12:36:24 PM »
Im not arsed thats why i dont need to figure it out.. Oh and welcome back Albert  bananadance

Offline Antonio

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Re: income tax
« Reply #24 on: March 27, 2013, 01:35:47 PM »
Im not arsed thats why i dont need to figure it out.. Oh and welcome back Albert  bananadance
REPLY 19 = Never heard of anyone paying Tax here.. Is it a upto you thing or is it set in law... Only the daft pay tax in this country...
REPLY20= I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that?? 

Only the daft pay tax in this country...Do i have to pay tax on that??    screwy
I'm not daft honestly.

Offline binnsy

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Re: income tax
« Reply #25 on: March 27, 2013, 02:29:10 PM »
I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that??   swordfight

On that amount you would pay income tax in the UK if that is where you get it from not sure about countries.You will also pay tax on the interest received in a Thai Bank.

Offline Eric2012

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Re: income tax
« Reply #26 on: March 27, 2013, 04:29:01 PM »
Binnsy,correct about the interest-Anyone who collects interest in Thailand already pays 15% tax before it goes into your bank account.Antonio-that means all of us are daft according to Toffo. party4

Offline Somnat

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Re: income tax
« Reply #27 on: March 27, 2013, 05:54:11 PM »
I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that??   swordfight

250000 bht pension !!!!!!

Every month !!!!!!

Were you a member of parliament toffo ?

Offline mike

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Re: income tax
« Reply #28 on: March 27, 2013, 06:12:58 PM »
I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that??   swordfight

You are not liable for Tax on Money bought into Thailand, you would be liable to Tax where the Money is earned though.

Mike

Offline nookiebear

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Re: income tax
« Reply #29 on: March 27, 2013, 07:14:49 PM »
You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.
Sharp as a knife Eric.2012 :biggrin:
I've just fell off my chair!!!

 

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