What do expats need to know about taxation as tax residents in Thailand?

Well this video has put to bed all the scaremongering expert Farangs 😂😂😂

I just moneygram money into my wife's bank account. Doesn't have my name nor are we married in thailand. Wonder if that would traceable 🤔

It's still to be seen how they'll track down ATM and CC uses and then tax foreigners based on this. They simply do not have the manpower to do this. Yes, they might track down couple foreigners, but it'll just be a scare tactic just to make foreigners report it themselves out of fear. 400+ transactions a year in bank account being reported? Hardly. I don't see bar ladies and freelancers filing their income taxes, or tax department even coming after them, even though they every single one of them definitely have more than 400+ transactions a year. The whole video is a scare tactic by lawyers wanting more clients by fear mongering.

Yes, paying taxes is good. But only if you're someone here with a work permit working a job or business, or if you're someone who's trying to get PR or Citizenship eventually down the line. For every other regular guy either on DTV or Retirement visa, paying taxes in Thailand makes no sense when you don't get any benefit out of it.