@Daniel ******

"CRS doesn’t create some magical global tax database portal where every country can see all your financial details" wrong, CRS was developed to see into every enties including companies, trusts and personal bank accounts." "specifically about financial accounts held in other countries, and it’s mainly used to prevent tax evasion by people CITIZENS" Wrong, the tax laws in Thailand have nothing to do with nationalty, it has everything to do with residency. If you are resident in Thailand for 180 days or more you are treated the same as a Thai citizen. " It is not a tool that will

facilitate foreign country to chase its visitor's income from their home country" wrong, that's exactly what its purpose is." Thailand can’t and won’t start taxing people on foreign income unless it’s being brought into the country" correct, but until the y pass the law which allows Thailand to tax residents on their global income, as yes this is just a proposal.

@Daniel ******

until they write global tax into law. Tax evasion is not necessarily a criminal matter its usually handles as civil law. If you under report your Thai income there is a penalty of 200% charge. Thailand has recently joined CRS. CRS has nothing to do with DTA. Countries do not need to make a request to see am individual's bank accounts. Its all contained in a common database and all countries who are signatures to CRS have access to it. CRS purposes is to detect undisclosed wealth and income. Residents of Thailand will be taxed in the source country and Thailand, DTA allows in most cases the deduction of source tax if such tax has been payed and documented, on;y then can it be duducted agaian Thai tax.

@Daniel ******

CRS has little to do with America, its global, FATCA is more to do with America. As for taxing remittances into Thailand yes you are correct, if the OECD requirement drives the Thai global tax proposal to fruition then for Thai tax residents there will be a requirement to report global income. Perhaps Wiki is closer to your intellect. If u read it u will see Thailand is not a member of CRS, however joining the OECD requres them to adopt CRS so, its very probably that Thailand will adopt global tax or they would have to leave OECD.

@Daniel ******

oh yes they can. its called FATCA and the Common Reporting Standard.

@Daniel ******

don't have to put your foreign income in a Thai bank. even if u use a credit card or ATM or carry cash across the border, wise, western union. If the global tax proposal is adopted as per OECD requirements, you do not even have to spend the money in Thailand. Requiring tax clearance before leaving is also law here but as yet not enforced.12/law-to-tax-income-from-overseas-in-the-works

they are looking for a kick back

@Daniel ******

The banks, same as they do in every country? There is a proposal to tax residents on global income.

@Roberto ********

This visa will get new requirements as it goes along especially for renewal. Would be unwise longer term to be using it as a retiree visa.

@Mar ****

and these 2

Garry Glitter got turned down.