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Mark *******
This is a summary of
Mark *******
's contributions to the platform. They have posed 1 questions and added 324 comments.

QUESTIONS

COMMENTS

Mark ********
@Andrew *******
There's no requirement to declare cash. Tax in Thailand is self assessment. The only place it would be picked up is at cash exchanges. The way around that is to get a Thai friend to do it for you. Then it wouldn't be recorded against your name.
Mark ********
@Dany *******
Not just DTV. Most retirees also pay zero income tax in Thailand. I was merely pointing out what is a "remittance" as far as Thai taxation goes, and that only "assessable income" is liable for taxation
Mark ********
@Ade *******
The "tax residency" is more than 180 days in the calendar year
Mark ********
What everybody overlooks or ignores is the source of the money remitted into Thailand and whether it's deemed as "assessable income" which is the only income which is taxable. For those with no bank accounts, do consider that credit card purchases and ATM withdrawals are deemed as "remittances" under Thai taxation. Also any cash brought into the country is also considered a "remittance"
Mark ********
Anonymous participant 580 Sometimes you don't get the choice. You can keep skipping around the issues, but eventually it'll catch up with you
Mark ********
@Jesper ******
That's what the OP did and unfortunately it came back to bite him
Mark ********
Anonymous participant 532 I think it's because every branch seems to operate their own rules within the bank's policy parameters, but it's all in the interpretation
Mark ********
Anonymous participant 287 There's no tourist visa over one year. Banks will only open accounts on non-immigrant visas
Mark ********
You can't. DTV is a tourist visa and tourists can no longer have bank accounts in Thailand
Mark ********
@David **********
From the myriad of comments made over the last few weeks from DTV holders who have had their bank accounts closed. Banks are also now publishing information that only non-immigrant visas are eligible for bank accounts. So they're not opening any more, but obviously they have to comb through existing accounts to ascertain those which don't qualify