Hello,
I understand that the Thai taxpayer ID numberis a 13-digit number that we can get at the Thai revenue office. My question is, if we dont have any Thai income and therefore dont owe Thai taxes, is there any downside to getting this number? Will it put us in the tax system in Thailand in a way that will generate red tape, filing requirements, etc.? My understanding is that as long as we have no income generated in Thailand (my situation), we dont need to file a Thai tax return, but does having the number create any requirements?
Practical questions: To get the number, I see you need your passport and possibly a house registration book. If we are renting and so dont have such a book, is it a problem? How long does it take to get the number or is it generated while you wait at the office?
Background: Id be getting the number for U.S. tax reasons. To claim the benefit of the Thai-U.S. tax treaty to reduce withholding tax on U.S. income, we have to file an IRS Form W-8BEN. It requires entry of the Thai taxpayer identification number.
Getting a Thai Taxpayer Identification Number – Downside?
Share
“If you have claimed tax back here, you must have been paying tax here.”
Anyone who has fixed accounts here has 15% withheld. Getting a Thai tax ID is the first step in getting that withholding back.