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ResourcesCorporate and Tax AdvisoryThailand Tax Law"83% of Personal Income Tax Refund Requests" Processed in Thailand?

"83% of Personal Income Tax Refund Requests" Processed in Thailand?

Transcript of the above video: 

As the title of this video suggests, we are discussing tax refund processing. I thought of making this video after reading a recent article from the Bangkok Post, bangkokpost.com, the article is titled: Most personal income tax refunds processed. Quoting directly: "The Revenue Department has already fulfilled 83% of personal income tax refund requests, according to the Department Chief. Director-general Pinsai Suraswadi said as of April 3, a total of 11.1 million personal income tax returns had been filed. Of those, 4.37 million or 39% included requests for tax refunds. For taxpayers who filed but have yet to receive refunds, the delay may be due to additional required documentation and the Department is expediting this process, he said."

So yeah, they are moving this along. Again I am kind of interested in the way that if this is all sort of presented or framed, in sort of like "oh hey all these refunds are done". You could make the headline, “we processed 83% of the tax returns”, rather than doing it from the refund side. I get it; they are trying to make it a positive message that we are dealing with taxes here. Look I'm a realist, I get it. We have to deal with taxes but don't watch me celebrate it, you know what I mean; that's kind of where I'm at. 

Now that said, as we have discussed in other videos - depending on the circumstances of your given case - you may or may not be subject to tax liability here in Thailand. That being said, those who find themselves a bit confused - and that's easy, especially these days where you have got a lot of erroneous information out there - those who find themselves confused or feeling in need of some sort of guidance insofar as how all of this work, how all this plays together especially in the context of possible foreign remitted income, and then foreign treaties, tax treaties or otherwise, which may play in to the interplay with regard to taxes here in Thailand, for those who are sort of overwhelmed by all of this, it may not be a terrible idea to contact a legal professional, gain some insight and guidance into how best to proceed.