no, he is wrong…it applies only to income that you bring in thai bank. If you use atm and pay with your foreign cards, nobody can tax you on anything. Graham is a clinical liar lol
That is false. Tax agreement means this: If you pay at home 15% income tax, but Thailand has 20% income tax, then you pay in Thailand that 5% difference. That is the tax treaty and how it works.
But, unless you are sending money to thai bank, they have no way finding what income you have thus, can’t tax you.
Graham Heyes Nope, I am very consistent and factual. Your CRS delusion is however real. So again, it is to find out what someone has in account, not salary, not tax reports. It is to find what cash is whoever hiding. Read the thing and then come back hm? Because you clearly didn’t do it.
It has Nooooooo information about tax reports, meaning, it has nooooooo way to tell what money I make, except what is in the account at the moment…got it?:-))) The funnies part is, you are arguing about something that is around the globe for dozen years. Thailand joined in 2017 and was fully in alreadt 2 yrs ago.
It’s purpose is not and cannot be showing tax reports, aka, salaries, aka, income…it only shows how much money ia where.
And that is why it is mainly for citizens of that country asking, so they verify whether the person is lying on their tax reports….you should really first educate yourself before you make a dummy of yourself
hahahahah, what a cheap cringe response, but a classic one from someone who already lost 😂😂 I have not run out of arguments, I have just said it all.
But for a dummy like you, one last time and I’ll keep it short.
CRS allows countries to share info on foreign financial accounts to prevent tax evasion, but it doesn’t include tax returns or all personal financials. Tax evasion in terms of a citizens hiding load of probably illegal money elsewhere. NO TAX REPORTS, NO INCOME REPORTS. It is about someone who is hiding fat accounts.
DTA prevents double taxation, if you pay tax in one country, you can claim a credit in the other and is totally up to you if you use it or not.
CRS and DTA aren't tools to track or tax foreign income unless it’s reported or brought into the country. Those tools are not and never eill be for what you wish it to be lol.
Just don’t be salty and angry that people are now able to stay in the country much easier than you lol…go to gym, beat that hate out of yourself lol