@Jacob ******

Its a matter for you to prove what you say. Keep records.

@John ********

its called the Common Reporting Standard. Google it! I am not scaring anyone I am suggesting people research their own status to avoid a panic in March. Its your responsibility to know the tax laws of the country you live in. The banks have your details so soon will the tax office as you need to apply for a TIN. If u are planning to live in Thailand long term they will catch up with you. the fine is 200% of the tax due.

@Roman *********

There is a proposal to tax global income, so if u are resident in Thailand you would have to declare income even if u do not bring it in. This makes it even harder.

@Andy ***********

sure we are all looking at ways to get round these laws. Problem is if you get caught at the airport, psssst! Wanna buy a rolex or a gold bar! We are all waiting to see what anti avoidance methods they will try. Uner the CRS the Thais have access to our foreign bank details, there is a proposal to tax income in foreign banks even if it not brough into Thailand.

@Cyndie *******

if u are standing in thailand and you receive money by electronic transfer or Wize or western union or credit card usage or atm withdrawal or you pony the money over the border or you carry gold bars in your pockets or rolex watches. These are considered inward remittance. You next question is will they catch me. Remains to be seen what measures they will use to detect these. There is a proposal, as yet not law that even money which is paid to a foreign account must be declared as income (global). Even though the Thais do not have easy access to foreign banks account if this law is passed, they will have and may request to see account details from any previous years to detect fraud.

@Roman *********

Thats the big issue Roman. Once again you can see the short narrative proposed by the admin of this group. Yes, you will pay no tax on income prior to 2024, but only if you can supply satisfactory evidence to support your claim. Simply thinking this is enough. This part of the story will be talked about for years to come.

@Tony *******

The only thing which has changed so far is the gov have instructed the RD to IMPLEMENT THE RULES on all from 1st jan.

@Peter *********

Your post is deliberate say "No Tax" you are deliberately showing am incomplete narrative, my post says you will pay tax in certain circumstances. As the admin of this group we will be watching you closely now.

if resident for 180 days, need to consider Thai income tax. /FOREIGNERS_PAY_TAX2024.pdf

You need to view the full picture, not just part. /FOREIGNERS_PAY_TAX2024.pdf