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britishjohn

Getting a Tax ID - implications ?

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1 minute ago, topt said:

I am surprised as would have thought the no. is on the letter and cannot think what else they want it for.

Sorry you are having so much trouble.

No - you did me great favor by explaining the E-Money option. I told her too that the number is on the letter. But she was prepared - she even showed me a sample of this missing Tax ID paper on her telephone. So I guess I was not the first one. Should have gone to your branch.... 

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Ok I have another question. If you are resident here in Thailand, are you legally required to obtain a tax TIN even if you earn no money here ?

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4 hours ago, britishjohn said:

Ok I have another question. If you are resident here in Thailand, are you legally required to obtain a tax TIN even if you earn no money here ?

If you do not meet the requirements to pay tax I have never seen anything that says you have to obtain a TIN however it would be helpful if someone can prove otherwise? 

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

 

From these forums it is clear that many foreigners do not so I would not worry about it. 

The local Thai tax office is certainly not going to chase you to get one

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If you do not meet the requirements to pay tax I have never seen anything that says you have to obtain a TIN however it would be helpful if someone can prove otherwise? 
http://www.rd.go.th/publish/6045.0.html
 
From these forums it is clear that many foreigners do not so I would not worry about it. 
The local Thai tax office is certainly not going to chase you to get one
I have tried to get a TIN (my home country bank requested it), but since I was not liable to pay any tax they refused to issue one.

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On 8/31/2019 at 1:29 PM, britishjohn said:

Ok I have another question. If you are resident here in Thailand, are you legally required to obtain a tax TIN even if you earn no money here ?

No...many have lawfully been here for years without one, mostly the liar letter club, but I found it surprisingly easy, and the head lady in CM had me in her office and was totally nice, like the old days.  She had her assistant do it for me, while we chatted.  Always be careful what you say and how you present yourself at a tax office.  Now I am up in BKK, and just went to the main revenue office by KSR..all good, but that KTB thing was just plain stupid.  And for many that put their 800k in a Mae Te Di account at krungsri for a combo of good interest and no withholding...they now take out 15% from all interest paid...I have gotten back between 500 and 3000 each year.  You could set up your FD to mature every two years, but they sometimes require you to take it monthly, otherwise, you could file on alternate years, no pompom.

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On 9/1/2019 at 2:58 PM, nrasmussen said:
On 8/31/2019 at 6:16 PM, topt said:
If you do not meet the requirements to pay tax I have never seen anything that says you have to obtain a TIN however it would be helpful if someone can prove otherwise? 
http://www.rd.go.th/publish/6045.0.html
 
From these forums it is clear that many foreigners do not so I would not worry about it. 
The local Thai tax office is certainly not going to chase you to get one

I have tried to get a TIN (my home country bank requested it), but since I was not liable to pay any tax they refused to issue one.

Just tell them you have company shares and real estate and need to pay dividend taxes or rental income...

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I've lived in LOS for some 30 years now.

A few years back I imported some money in view of buying a house for me and my TGF.

I wanted some interest for that money while it was waiting in the bank for the buy.

KrungThai would let me open a time deposit account as a simple retiree on stay extension but only if I gave them a Thai TIN and they sent me to get one to a Land Revenue office on Sukhumvit. There no problem to get it but I had to produce my studio rental contract.

This TIN is easy to deal with if you have no other income in Thailand outside bank account interest. And you'll get back from the tax office the excess tax taken by the bank on your interests. Excess because the total tax the bank has withdrawn applies to a bigger income level than yours.

 

Funny thing is that going recently through old personal papers I found that was already issued a Thai TIN some thirty years ago. Well, forgotten!!.

A military coup had taken place at the time and the new man in charge had decided that all foreigners who spent more than a stated amount of time a year in Thailand had to report their income (foreign and local) and be taxed on it. At the time I was working four weeks on/two weeks off in PNG (Port Moresby) and had to follow this new law if I wanted to keep spending my time off in Thailand so I duly reported a fake low income. I don't remember if I paid a tax on it. Anyway this coup was short lived. The King soon appointed the great Anand Panyarachun to clear the govt and everything went back to normal fast and I forgot about this pesky momentary TIN.

 

BTW A potential worrisome part of having a Thai TIN is that theoretically you have to notify the Land Revenue if you plan to leave Thailand for short or long time. 

 

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4 hours ago, jayceenik said:

BTW A potential worrisome part of having a Thai TIN is that theoretically you have to notify the Land Revenue if you plan to leave Thailand for short or long time. 

I think that requirement was abolished some time ago - unless someone knows differently?

 

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7 minutes ago, topt said:

I think that requirement was abolished some time ago - unless someone knows differently?

 

I think that applies much more to those with WP.  

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