2lz2p wrote: ↑Tue Oct 03, 2023 10:03 am
........However, the department will need to work out more details such as planning for the tax credit system in the case of a prior double tax agreement with the source country.
Whenever I hear the word "system" in Thailand I have to cringe.
Each and every "system" that Thailand uses to support the administration of ANY process, e.g., immigration, demographics (population), property management, vehicle registration, land taxes, etc. etc., etc., rely totally on the integrity of the information (data) being collected and stored in these systems to be able to manage the operations effectively.
I don't want to change the subject, but in all honesty, there's so much corruption in Thailand right now that most if not all of these processes are compromised to the point of sometimes not being functional at all because of the data which are severely skewed...intentionally falsified...and/or missing all together. For a country the size of Thailand to not even know what its own population is to the nearest millionth, let alone how many expats reside in-country at any given time, says it all IMO. It's not just the lack of modern systems and training to blame here, because even the most modern administrative systems - with all the latest apps - wouldn't be able to do their job if the data lacks integrity.
61 International Double Tax Agreements in play which were never standardized (all saying different things - different ways) would be an absolute nightmare for the Thai Revenue Dept to get involved with, thus the reason I don't think they're going to touch this with a 10 foot pole. Especially if there's no $$money$$ in it for them.
And don't worry about that "O-type visa holders having to have health insurance " crap either. because the guy with the loose lips who tossed this rumor over-his-shoulder is hung up right now in the middle of a huge corruption case...involving himself...
Welcome to Thailand!