@Henry *******

military/ gov pension?

@Pete ******

oh yeah. i thought i'd seen there wasn't one.

Your tax liability bringing that cash here could get expensive....

@Pete ******

I'm not. I was making a statement. Tax residence has nothing to do with residence although very often confused. Just because you have a O doesn't mean you are resident for either.

@Pete ******

but a form? What form is my question. The bank last week asked for a W2 for the American. Not a FATCA....there is no DTA with USA so maybe he will get screwed over. Don't understand why a Thai bank is making a yank fill a W2.

@Elías *******

there's about 120 countries who do CRS. You might be surprised

Residents and non-residents are taxed on their assessable income

derived from employment or business carried on in Thailand,

regardless of whether the income is paid in or outside Thailand.

Residents who derive assessable income derived from outside

Thailand would only be subject to tax if such income is earned in any

tax year starting from 1st January 2024 onwards and is remitted to

Thailand in the same or a later tax year.

yes potentially. Paw. and the tells you what is taxable.

The UK tried FATCA on my partner once for the USA as they was resident of Kazakhstan.... according to them in any case. Took two years to sort out due to the bloody American stupids. Someone put 07xxx xxxxxx in the wrong box so 07 and the next digit is Russia and Kazakhstan...

It's utter bull. There's no legal requirement to do this but it sounds like they are grabbing it with both hands.