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  • Thailand's Expats Urged to Register with TRD for Tax, Says Expert

     

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    Tax expert Thomas Carden has advised expatriates residing in Thailand for 180 days or more in 2024 to obtain a tax identification number from the Thai Revenue Department (TRD).

     

    Addressing members of the Pattaya City Expat Club, Carden emphasised the need for expatriates to register and submit tax forms by the first quarter of 2025, even if they believe they owe no tax, writes Barry Kenyon for Pattaya Mail.

     

    Carden clarified that only overseas income transferred to Thailand is relevant for taxation. Issues like pre-taxed pensions and double taxation treaties should also be considered.

     

    He warned that failing to register could lead to audits and potential penalties in the future. “If you delay, the financial penalty screws can become tighter and tighter,” he noted.

     

    There has been some confusion at local revenue offices due to a lack of information from the TRD head office in Bangkok, making it challenging for expatriates to understand their obligations.

     

    Carden advised using professional tax services to navigate the system, as most pensioners on savings may owe little or nothing. Supporting bank or tax documents are unnecessary when submitting the forms.

     

    Reflecting on global trends, Carden mentioned that taxing foreign residents has become common worldwide, and it's essential to comply even if no income is remitted to Thailand. He reassured attendees that registration doesn't automatically mean payment is due.

     

    Discussing potential changes to Thailand’s tax system, Carden mentioned the speculative nature of shifting from a residence-based tax system to one that includes worldwide income, which would require parliamentary approval.

     

    He stressed that while personal income tax enforcement is imminent, it's vital to stay informed and proactive rather than ignore the situation, reported Pattaya Mail.

     

    The issue applies to Thais receiving income from overseas as well, highlighting its broad impact.

     

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    -- 2024-11-07

     

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    6 November 06 2024
    1342833
  • Thailand Overhauls Auto Tax to Boost Electric Vehicle Adoption

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    Thailand is set to revamp its automotive excise tax structure to accelerate the shift towards electric vehicles (EVs), aligning with global trends. Announced by Deputy Finance Minister Paopoom Rojanasakul, the move aims to balance the country's interests in both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).

     

    As competition between BEVs and PHEVs intensifies, Paopoom highlights the need for a balanced tax system that allows Thailand to remain competitive, irrespective of which technology dominates globally. "A tax that focuses solely on EVs might not be the solution," he asserts, emphasising adaptability in their approach.

     

    While moving away from internal combustion engine (ICE) vehicles aligns with global efforts, the Deputy Minister advises against sudden tax changes that could destabilise Thailand’s economy and job market due to existing ICE production lines and supply chains.

     

     

    In a strategic bid to establish Thailand as a Southeast Asian hub for EV and electric motorcycle production, the Cabinet approved a proposal in February 2022 to revise the automotive tax framework. Currently, ICE vehicles are taxed based on carbon emissions, with rates ranging from 20% to 35% depending on emission levels.

     

    From 2026 to 2030, the new structure will incentivise low-emission vehicles, with gradual tax increases on HEVs and PHEVs, while BEVs have benefited from a 2% rate since 2022. The revised taxes reflect Thailand's commitment to staying ahead in automotive innovations and mitigating environmental impacts.

     

    Overall, this change marks a significant step in Thailand's journey towards fostering a more sustainable automotive industry while maintaining economic stability.

     

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    -- 2024-11-11

     

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    11 November 11 2024
    1343243
  • Thai businesses urged to monitor US trade policy under Trump

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    The Thai Wholesale and Retail Trade Association advises local businesses to closely watch global trade dynamics and the international economy in light of Donald Trump’s recent return to the White House. This call to attention comes amid concerns about potential shifts in US trade policy that could have far-reaching impacts.

     

    Somchai Pornrattanacharoen, serving as an honorary advisor to the association, reassured that Thailand’s trade policies remain harmonious with the US despite the country’s existing trade surplus with America.

     

    Trump has made headlines with his commitment to significantly hike tariffs on imports, proposing increases of up to 60% on Chinese goods and 20% on products from other nations. He went as far as to suggest a 200% levy on certain imported vehicles.

     

    The association maintains a positive outlook, stating that Thailand’s wholesale and retail exports are unlikely to be impacted by these protectionist strategies. Currently, the main exports to the US are cars, auto parts, and agricultural products, rather than retail and wholesale goods.

     

    In 2023, the United States ranked as Thailand’s second-largest trading partner, following China, with bilateral trade valued at US$68.3 billion (approximately 2.3 trillion baht).

     

     

    Thailand holds a trade surplus of US$29.4 billion with the United States, necessitating the need for a watchful eye over the trade policy between the US and other countries, remarked Somchai.

     

    He urged the Thai government to stay alert to the evolving trade policies under the new US administration, particularly concerning American investments and potential shifts in production locations.

     

    Somchai anticipates that US manufacturers of consumer goods, who have already established operations in Thailand, may opt to retain their production due to the region’s competitive labour costs.

     

    He further suggested that should the US impose trade barriers on any nation, the Thai government must determine if brands from those countries have set up manufacturing bases in Thailand, as this could lead to increased scrutiny of Thai exports by the US.

     

    To strengthen Thailand’s economic position, Somchai encouraged the government to attract more foreign investment, recommending a review of current investment incentives. He pointed out the strategic geographic benefits of using Thailand as a production hub.

     

    “The investment must benefit Thailand, such as transfer of skills and know-how to Thai workers.”

     

    He concluded that the Thai government should carefully evaluate the trade policies of its partners to identify mutually advantageous solutions, while still ensuring that Thailand’s interests remain a priority, reported Bangkok Post.

     

    By Ryan Turner

    Image: AP Photo/David Goldman

     

    Source: The Thaiger

    -- 2024-11-11

     

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    11 November 11 2024
    1343230
  • Thai Govt Justifies Thaksin’s Campaign Role in Local Elections

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    File photo courtesy: Thai Rath

     

    Former Prime Minister Thaksin Shinawatra's involvement in aiding the Pheu Thai Party's campaign for upcoming Provincial Administrative Organisation (PAO) elections faces scrutiny. Deputy Prime Minister Phumtham Wechayachai has robustly defended Thaksin's participation, affirming it is within legal rights.

     

    The PAO chair elections are slated for late November in Udon Thani and Surin provinces, with Thaksin expected to join the campaign on specific dates prior to the elections.

     

    Phumtham, also a senior Pheu Thai member, emphasised Thaksin's right to engage in political activities, noting, "Political parties act within the law." His emphasis aimed to assuage concerns while assuring that Thaksin’s presence is entirely legitimate.

     

    The former leader's assistance centres on supporting Pheu Thai's candidate, Sarawut Petphanomporn, a seasoned four-time MP. Phumtham underscored, “Anyone can assist—no legal issues at all.” Sarawut's candidacy embodies the party’s strategic efforts to reclaim dominance in Udon Thani, a Pheu Thai stronghold, following slight setbacks in the previous general elections.


    In a pointed comparison, Phumtham highlighted the opposition People's Party (PP) reportedly enlisting ex-Move Forward Party (MFP) leader Pita Limjaroenrat for its campaign efforts.

     

    Despite the MFP's prior dissolution for constitutional breaches, and a political ban imposed on Pita, his active support persists. Meanwhile, Thaksin, after his sentence was reduced then pardoned, has been released on parole and maintains his freedom to participate politically.

     

    Despite Pheu Thai’s historical stronghold, recent shifts have seen broader competition within Udon Thani, signalling potentially intense contests for the PAO positions.

     

    Deputy Secretary-General Linthiporn Warinwatchararoj reasserted Thaksin’s freedom from prior convictions, positioning his election campaigning as entirely lawful and contrasting Pita's ongoing involvement despite facing a ban, reported Bangkok Post.

     

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    -- 2024-11-12

     

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    12 November 12 2024
    1343304
  • Thai Cabinet Proposes Extra Holidays for 2025

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    Picture: Holidays by Nick Youngson CC BY-SA 3.0 Courtesy: Alpha Stock Images via Picserver

     

    The Thai Cabinet has announced a proposal to introduce additional public holidays in 2025, aiming to enhance work-life balance and revive the tourism sector. This decision comes after recognising the need for more rest and leisure time in today's fast-paced world. The Cabinet gathered today to finalise their plans to broaden the holiday calendar for all Thais.

     

    For 2025, Thailand's government plans to introduce three extra public holidays, creating extended weekends for citizens to unwind and celebrate national events. These proposed dates are:

     

    1. Friday, 2nd January 2025 - Extending New Year celebrations to enjoy a longer break.

     

    2. Monday, 2nd June 2025 - Extending the holiday for Her Majesty Queen Suthida’s birthday, enabling a four-day weekend from 31st May.

     

    3. Monday, 11th August 2025 - Adding a day to celebrate Her Majesty Queen Sirikit the Queen Mother’s birthday, extending festivities for a four-day weekend from 9th August.


    This proposal is being warmly welcomed by many, as it is designed to promote a healthier lifestyle by providing more opportunities for family time and relaxation. By scheduling these new holidays to coincide with existing ones, citizens can enjoy more extended breaks, fostering increased domestic travel and leisure activities.

     

    The tourism and hospitality industries, in particular, are optimistic about this announcement, foreseeing an uplift in domestic travel and spending. However, some business leaders have raised concerns over potential disruptions to operations. The government, nonetheless, assures that these considerations have been factored in, aiming for a balanced approach that benefits all.

     

    The introduction of these holidays will bring the total to 21 public holidays in 2025, marking a significant increase aimed at enhancing the cultural and social fabric of the nation, reported Thai Newsroom.

     

     

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    -- 2024-11-12

     

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    12 November 12 2024
    1343316
  • Scottish Man Extradited from Thailand Jailed for Sexually Abusing Young Girls

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    Picture: National Crime Agency // STV news

     

    In a remarkable breakthrough for law enforcement, a Scottish man hiding in Thailand for 40 years has been extradited and jailed for historical sexual crimes against children.

     

    John Martin, 74, originally from Haddington, East Lothian, was returned from Bangkok to face justice in Scotland after committing decades-old abuse.

     

    Martin, a former antiques dealer, was convicted of three counts of child sexual abuse on 25 October at Edinburgh Sheriff Court. His offences spanned across Perth and Kinross, Fife, and East Lothian, affecting two young victims between the 1980s and 1990s.

     

    The Edinburgh court sentenced Martin to three years and three months in prison. His name will be added permanently to the sex offenders register, and he is barred from any contact with his victims for 20 years.

     

    Lynne Barrie, procurator fiscal for Lothian and Borders, denounced him as a "sexual predator" who traumatised vulnerable girls, and praised the victims' courage for coming forward.

     

    Martin's capture and trial were the result of a coordinated effort involving Police Scotland, the National Crime Agency (NCA), the Royal Thai Police's Central Investigation Bureau, and Thailand's Office of the Attorney General.

     

    This complex international operation highlights the determination of these agencies to pursue justice for such grave crimes.

     

    Duncan Burrage, NCA Liaison Officer for Thailand, remarked on the agency's commitment to tracking down British child sex offenders worldwide.

     

    Sergeant Richard Robson of Police Scotland expressed solidarity with the victims and their families, acknowledging their bravery in reporting the crimes and ensuring that Martin faced consequences for his heinous acts.

     

    As justice is served, there remains a firm commitment from law enforcement to protect vulnerable individuals and hold offenders accountable, regardless of the time or distance involved in their capture, reported STV news.

     

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    -- 2024-11-11

     

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    10 November 10 2024
    1343140
  • Thai PM Begins US and Peru Diplomatic Tour for Economic Talks

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    Prime Minister Paetongtarn Shinawatra of Thailand has embarked on a significant diplomatic mission, starting with a visit to Los Angeles before heading to Lima, Peru for the APEC Economic Leaders’ Meeting. Arriving in Los Angeles yesterday, the 38-year-old leader, along with Foreign Minister Maris Sangiampongsa and other officials, aims to forge stronger economic ties and enhance foreign policy.

     

    In Los Angeles, PM Shinawatra’s agenda includes a strategic meeting with diplomatic representatives from the Americas. A key engagement will be meeting the thriving Thai-American community, which numbers around 400,000, making it the largest Thai population abroad. The visit also features a cultural stop at a local Thai temple, reinforcing community bonds.

     

    A notable event is her reception with the Motion Picture Association, where she will meet with executives from major American film studios. Government spokesperson Jirayu Huangsap expressed optimism about this meeting, indicating potential boosts to Thailand’s film industry, expected to generate over 4 billion baht this year. The government is keen on refining processes for international film productions in Thailand.

     

     

    After Los Angeles, the delegation will head to Lima on Wednesday for the APEC summit, from November 14 to 16. The summit includes crucial bilateral meetings, discussions with US-APEC Business Coalition members, and informal talks with other APEC leaders.

     

    Prime Minister Shinawatra will engage with Peruvian President Dina Ercilia Boluarte Zegarra and private sector leaders, seeking to strengthen ties in the region. The Bangkok-born PM is expected back in Thailand by November 18, following the conclusion of the summit.

     

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    -- 2024-11-11

     

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    11 November 11 2024
    1343246
  • Anutin Reaffirms Koh Kood's Sovereignty Amid Disputed Reports

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    Picture courtesy: Naew Na

     

    Interior Minister Anutin Charnvirakul visited Koh Kood in Thailand's Trat province on Monday, accompanied by Deputy Minister Sabida Thaiseth and a delegation of ministry officials.

     

    The visit sought to clarify recent misunderstandings about the island's sovereignty and ensure continued confidence among Thai citizens and tourists, affected by misleading reports potentially harming local sentiment, business, and tourism.

     

    Anutin, also the Deputy Prime Minister, assured locals and foreign visitors that Koh Kood, part of Thailand for centuries, will remain exclusively Thai. He emphasised that no part of the island would fall under another nation's claim and welcomed Thai visitors without concern for passports or travel documents, solidifying the island as Thai territory.

     

    Clearing subsequent confusion about a 2001 Memorandum of Understanding (MoU), Anutin explained it was designed to advise collaborative efforts between Thailand and Cambodia on undersea petroleum resources, maritime boundaries, and exclusive economic zones per international law.

     

    He confirmed this MoU does not involve altering Thailand’s territorial status, explicitly excluding Koh Kood.

     

    Aiming to reassure, Anutin maintained the island's beauty and approachability as an ongoing delight for tourists, promising support from him, the province, and local government. Their collective aim is to preserve natural resources, clean waters, and pristine conditions to maintain Koh Kood as a tourist haven.

     

    Addressing local concerns, Anutin acknowledged issues like scarce water supply and unresolved land ownership on the island. Plans from the Interior Ministry and collaborating agencies are underway to secure clean water for every household, consistent electricity supply, improved infrastructure, and formal land recognition.

     

    Trat Governor Nattapong Sanguanjit also noted the province's monitoring of the recent news impact and continued community-based tourism promotion, pledging visitor safety, coupled with regular tourism-boosting activities.

     

    Episodes involving the 2001 MoU have reignited opposition and activist concerns about Thailand's territory loss to Cambodia, particularly in relation to Koh Kood. This argument intensified as the Pheu Thai-led government expressed plans for energy exploration talks in disputed Gulf of Thailand zones, reported The Nation.

     

    To reinforce confidence, visits by officials such as Deputy Prime Minister and Defence Minister Phumtham Wechayachai emphasise MoU44’s lack of jurisdiction over Koh Kood, promising it remains a pure Thai destination.

     

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    -- 2024-11-12

     

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    11 November 11 2024
    1343285
  • Thailand Develops Police Influencers to Combat Cyber Crime

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    In a groundbreaking move, National Police Chief Kittharath Punpetch is leading an initiative to bridge the gap between the Royal Thai Police (RTP) and the public by creating police influencers. Launched on 11th November, the initiative aims to directly connect with communities and become a primary resource for crime prevention and assistance against online threats.

     

    Kittharath's vision is to recast public perception of the police by making RTP influencers accessible channels for help, particularly in an era where online criminal activities are evolving quickly. This strategy seeks to ensure victims of crimes reach out to the police prioritally rather than seeking alternative sources.

     

    The initiative is incorporated within the broader Cyber Booster project and sees collaboration between the Thai Media Fund, RTP, Online News Producers Association, and Thai PBS. This partnership is committed to producing media content that strengthens public resilience against cyber threats.

     

    The launch event witnessed participation from significant police figures like Teeradej Thumsutee, Pakrit Krittayapong, Pitchpong Somkul, and Pichayakorn Sukthawee—all aligned in enhancing public awareness and improving police-public relations via RTP’s Khakinang TV channel.

     

     

    A noteworthy element of the project is the creation of 17 video clips featuring emerging officers as online idols to inform the public about cyber perils. Officers like Thanyapirasit Julpipop, Nonthapat Intrarasuran, and Kansini Sitthichotpong, also known as Lt. Panda, are involved in the project’s outreach mission.

     

    Lt. Panda shared her optimism towards the project’s potential, highlighting its primary focus on educating the public against online scams rather than merely improving the police image. She affirmed that proactive prevention would run alongside traditional crime-fighting efforts.

     

    By leveraging diverse skills within the police, including communication prowess, the project exemplifies a noteworthy shift towards adaptive law enforcement in cybercrime's digital age.

     

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    -- 2024-11-11

     

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    11 November 11 2024
    1343245
  • Mother of Thai woman murdered in UAE pleads for help to bring daughter home

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    The mother of a Thai woman stabbed to death by her United Arab Emirates (UAE) husband of only three months reached out to the president of the Paveena Hongsakul Foundation for Children and Women to help bring her daughter’s body back to her hometown in Thailand for religious rites.

     

    In an emotional plea, 50 year old Mrs Prayoon and her 35 year old elder daughter, Chantima, travelled from Buriram province to the capital to enlist the aid of the Paveena Hongsakul Foundation for Children and Women.

     

    The mother’s 24 year old daughter, Isaratri, was brutally stabbed to death by her husband of three months, Peter, a 43 year old former police officer from the UAE. The horrific incident occurred on November 3 in Dubai, after Isaratri had filed a domestic abuse complaint against him.

     

    According to Chantima, her sister initially moved to Dubai to work as a Thai masseuse, where she met and married Peter on August 2, in Buriram. But the fairytale quickly turned into a nightmare. Upon returning to the UAE in early October, the marriage soured, with Peter becoming violent. Fleeing the abuse, Isaratri found refuge with a cousin, Suthida, who also worked in Dubai.

     

    The escalating threats and assaults culminated in that fateful evening on November 3. Isaratri was on her way to meet her lawyer, in preparation for a court appearance the following day when her husband intercepted her at her condo. Luring her to speak in his car, he viciously attacked and stabbed her, ending her life.

     

     

    Dubai police swiftly apprehended Peter, and the Thai woman’s remains are slated for an autopsy. However, the grieving family is determined to bring Isaratri back to Thailand for proper religious rites.

     

    Mrs Paveena Hongsakul, president of the foundation, expressed her profound condolences.

     

    “The family has lost its main pillar. It’s truly heart-wrenching.”

     

    Paveena pledged support, coordinating with the Department of Consular Affairs and the Division of Protection and Welfare of Thais Abroad. Mr. Ekkapab Hongsakul, Director of the Paveena Foundation, is aiding the family with the bureaucratic maze.

     

    Financial constraints loom large, with the impoverished family unable to afford the repatriation costs. In a heartfelt appeal, they call upon Thai communities in Dubai to assist in fundraising efforts, exemplifying the enduring kindness among Thai people worldwide.

     

    KhaoSod reported plans are already in motion to ensure a seamless return. Once arrangements are finalised, Paveena will liaise with Suvarnabhumi International Airport officials to receive Isaratri’s body and transport her back to her hometown in Buriram for the ceremonial rites.

     

    In a world often marred by unfathomable loss, this heartbreaking saga underscores the power of community and compassion, rallying to aid those in need far from home.

     

    By Bob Scott

    Picture courtesy of KhaoSod

     

    Source: The Thaiger

    -- 2024-11-11

     

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    11 November 11 2024
    1343240