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Mike ******
This is a summary of
Mike ******
's contributions to the platform. They have posed 5 questions and added 46 comments.

QUESTIONS

COMMENTS

Mike *******
Can you use wise to top it up?
Mike *******
@Rhys *****
yeah bro, likely they are overloaded with priorities atm. Just something to keep an eye on
Mike *******
And you also supposed to get taxed on the entire year's remittance if longer than 6 months. I think if they enforce this many expats will leave for a better place.
Mike *******
@Rhys *****
if there's a dual tax agreement, you don't need to pay tax to Thai. But for the DTV if you stay longer than 6 months, I think you need to voluntarily tell them all the income that is brought here. Like you say, difficult to trace and ATM they seem lax with it. However,I think this Visa is a way to tax foreigners in the near future and they probably become stricter and link up better with immigration so tax dept knows who's here longer than 6 months (tax resident).
Mike *******
Have to report money remitted into Thailand and file tax returns?
Mike *******
@Ning *****
yeah I'm preparing just in case with a flight to Singapore, but everything indicates business as usual and the situation has been peacefully de-escalated.

What makes you think it'll kick off again?
Mike *******
The border checkpoints are open. I'm doing a border run this week and the Visa company said it's business as usual. There was an incident on 28th, three days ago. Things have deescalated. So much fear mongering online, first the banks now this.
Mike *******
How much notice is usually given before a change?