Tax residency in Thailand and taxing overseas income

[Dannie Boy]

I’ve not received anything and wasn’t intending to go unless I read anything on here that suggests I should do otherwise.


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[Big Boy]

I still haven't received an e-mail from K-Bank about paying tax. Has anyone who hasn't received notification gone to the bank and asked what the situation is. Or do you think it would be better to just wait and see what happens. I was going to go today but the banks are closed.

I had to do a bit of searching because mine was in Spam.

I had 2 friends who didn't receive the e-mail. They went to K Bank in MV, and they took their details there and then - sorted.

[londongeorge]

I did check my spam and other folders but nothing. I'll go tomorrow and try and get it done. Do I only have to take my bank book and passport?

[Big Boy]

Also your tax number (NI Number for me) + they will ask for an address in the UK/place of tax domicile.

[londongeorge]

OK thanks for the info.

[lomuamart]

And why do they ask for an address in the UK when you don't live there? And why do they ask for alien tax numbers?

Simple, it's all about world wide income and to which country you have to pay tax to.

It's all changing and Thailand wants its bit of flesh.

But that's not necessarily a bad thing. I reckon I might be better off with my pensions taxed here rather than in the UK.

[caller]

But that's not necessarily a bad thing. I reckon I might be better off with my pensions taxed here rather than in the UK.

Thats never going to happen. At best, you won't get taxed twice.

[404cameljockey]

Domicile: "A domicile is an individual’s principal place of residence, the place to which he intends to return when he goes out. The location of a person’s domicile is typically determined by this intent, as it is the place he has established his home, having no plan to vacate it soon. In a legal sense, an individual’s domicile becomes important in determining in which court he may file a legal action, and to which state he pays taxes. To explore this concept, consider the following domicile definition." - https://legaldictionary.net/domicile/ and others.

That's Thailand for me. I own property and am liable for taxes there, so I declare my domicile and I have spent no time residing (under the legal definition) in the country of my birth and passport. Any country may try to claim that you are domiciled there many years after you have emigrated, but they would need to prove it (they will certainly try if there's money involved). I know that if you return to the UK from your 'domicile of choice' and become resident there for a while you will be deemed domiciled in the UK for tax purposes (probably as non-dom but liable for taxes). The rules need to be read and understood.

If you live permanently in Thailand (and are liable for tax on income in Thailand), I don't see that another country can claim that you are domiciled there; you can only have one domicile, legally, under any jurisdiction that I'm aware of.

[Chazz14]

Question for PET: When you submitted your docs to the K/korn branch, had the copy of your p/port been certified by a solicitor?

[londongeorge]

I just came from K-Bank and my passport wasn't certified. They only copied and got me to sign it. I also wasn't asked for my NI #. I'm still not sure if I am registered or not. The clerk had no idea what I wanted and called the help desk in Bkk and handed the phone to me. I explained to her that I wanted to register for Tax and she asked if it had to do with the e-mail. I said yes but I hadn't received an e-mail but still wanted to register as I did not want problems in the future. She suggested that maybe I hadn't received an e-mail because the bank already had all my details. I asked if she could check and confirm if I was registered or not and she said no. I handed the phone back to the clerk who proceeded to hand me a form to complete and sign while he copied my passport. After this was done he gave me back my bank book and passport and said that was it.

[Big Boy]

Oh well, I guess if they still need it, they'll ask later. If they don't, does it really matter?

[Big Boy]

Just one thing, everybody else I know seems to have done theirs in the MV branch. Having been by 9:52, you obviously went to another branch. I know it shouldn't be, but that could be the difference.

[Dannie Boy]

I called into the Cha Am branch of Kasikorn this morning and asked about registering for the CRS and was asked do I have an email, to which I said no, so was told then nothing to update!!

I’m sure if they need anything in the future they’ll ask, if not, then that’s it as far as I’m concerned.

[hhinner]

<snip> ... They only copied and got me to sign it. ... <snip>

When you signed it you certified it. (Self certification)

[PET]

Question for PET: When you submitted your docs to the K/korn branch, had the copy of your p/port been certified by a solicitor?

NO but I did certify it myself.