Can tourists stay in Thailand over 180 days and file a tax return?

CRS - common reporting standards banks will share all transactions with TRD, amounts involved will determine how far up the list you are…..most will fly under the radar

@Poul *********

too many questions at this point. disappointing to be honest. how difficult can it be to bring clarity?

@Conny *********

Using a foreign card for an ATM withdrawl is not considered bringing money into Thailand. This has been confirmed by an accountant.

@Conny *********

so how is this practically going to happen? how can they ever have access to this?

OR: what if you just get money from the ATM ?

do they have a system set up that can reproduce all these transactions? is this a WORKING system or does it only exist on paper? so many questions..

@Jo *********

exactly jo

Or how nasty TRD wants to be if they catch you 🤔

@John *********

I would only need the benefits of the DTA if I filed a return. I haven't done one in 15 years (same as about 50% of the Thai population), and have no intention of filing one now. When I switch to DTV next year it's all academic anyway

It replaces the 800k in the bank, essentially you need to show 65k a month for 12 consecutive months up to point of visa renewal, you also have to ensure you keep the 800k for three months after your previous renewal of you used that method - this applies to retirement visas - some countries will allow their embassies to provide an affidavit showing income, depends on your passport

If you use 65k method, max tax you will pay after allowances assuming you have a spouse and med insurance is 15k a year….

what happens if at some time in the future Immig ask for a tax clearance cert before issuing a retirement visa - simple - agents and immig officers get rich, and the bribes may end up being more than the tax due every year -it’s a personal choice…..

@Jim *******

that’s your prerogative and I suspect many will do the same, experience in many other parts of the world tells me that the tax man is relentless, and back tax and penalties can be painful - not something I want to put myself and family through at my time in life for the sake of 10-15k per year……what happens of h

@Jim *******

we move to that next year and as I have paid tax in the Uk it’s a wash, still have to file a return though

@Jim *******

they will also scap the digital wallet for thais soon lol 😆

@Peter ********

ya, just like they were never going to go after companies setup for sole purpose of property ownership - tons of people in Phuket found out otherwise. The governments need money and will go out of their way to get it. Why take the risk? I don't mind spending 6 months enjoying other places :)

@Graham ******

I know. My claim is based on speculation but keep in mind it's Thailand and not China.

@Ian ********

because the law was made for Thai millionaires that are doing money laundering etc through crypto.

Second reason is... They don't have the manpower and resources to check every expat and Thai person and find them and force them to pay tax and fines.

And I mentioned 2 million baht which could be a bit more or less and probably also depends on frequency of transfers. The bank system puts like red flags on these accounts, which will probably be checked by the Tax department.

Someone mentioned Ai might check everything... But it's Thailand. Their fingerprint system in the airport doesn't even work 100% correctly

But this is just all logical speculation. I have no bullet proof evidence for my claims

@Ian ********

nothing to do with immigration

@Ian ********

why would they be told that? Immigration has nothing to do with taxes. And tax returns aren't due for about 8 months. You don't do your tax return until a year is over.

@Jarek ***********

what’s CRS? Can’t Remember Shit? 😅

@Jarek ***********

You really believe they're going after a few thousand expats when there's 25 million Thais that don't file a tax return? 😆😆😆

@Ian ********

nobody can answer because nobody knows real doubt Thailands tax department has the personnel to handle collecting from the Thais no tax LAWS have changed

@Ian ********

once your assessable income reaches 120k baht in a year where you are tax resident you need to get a TIN from your local tax office. After 1 January and before 31 March you need to file a tax return for the year just gone. You can file online or at your tax office

@Ian ********

I'm not a tax lawyer, I don't know