@Jon *******

Yea, it’s banking through internet but it is not named internet banking.

Banking through apps is called “mobile banking”. Banking through browsers is called “internet banking”.

So your remark is technically correct but nobody uses the term. 👍

@Brandon ***********

I do know one. My wife had internet banking setup years ago before she came to Netherlands. I believe I am the only one who has ever used that.

@Jim *******

FATCA applies to American taxpayers. CRS to everyone.

Is this your personal experience or did you find this in another group?

@Von **********

Thanks for the picture. I honestly didn’t know your first name is Coop. 🤣🤣🤣

I just posted this because it’s similar to the spelling in your post. It might as well have been “Kupitah” or something.

“Spelling interpretation”??? Since when is spelling subject to interpretation? Are you trying to use fancy words AGAIN? 🤣🤣🤣

PS I really don’t care about any name given to me by trailer trash. Note that I am not calling you trailer trash. 🤣🤣🤣

@Von **********

I never called you a retard. Try practicing your reading capabilities.

Trying to spy on my profile, hèh? It’s “individuals of certain nature” which stimulated me to keep your likes out and you proved me right. Thanks for that.

But also thanks for the qualifier. Are you sure you spelled “Fuckwit” correctly? Unfortunately I am neither stupid nor contemptible so you might want to refer back to your vocabulary to find a more suitable adjective. 👍

@Mike ********

The banks and their forms have nothing to do with either your tax status or your tax liabilities.

The bank forms relate to CRS reporting and, for Americans, FATCA reporting.

The TRD is very very clear on the subject. Once you reach the 180!days threshold you are Thai tax resident.

I really don’t care whether that means you remain US tax resident or not. I am also not talking about peanut butter or fishing on Mars.

The simple statement is: 180 days or more in Thailand then you are Thai tax resident.

Possibly you will be tax resident in multiple countries (I know for sure this applies to Australians). I don’t know whether Americans remain *also* tax resident in USA. I honestly couldn’t care less. It’s such an uninteresting country.

@Mike **********

It all depends on the source of the transmitted money. If you have multiple sources, taxable and untaxable, you can designate from which source the money came.

The Thai tax filing is based on self assessment and there are no rules “which” money needs to be transferred first.

So you can optimize a possible tax liability by designating how much came from a taxable source and how much came from untaxed sources.

You need to keep track, though, so when you transfer funds then account each sources and its additions (if any) and usage.

@Von **********

If you want to use fancy language then at least get it right. 🤣

Coop retard? Coup De’tah?

Coup D’état!

And there will not be any, as a coup d’état implies violence. She will just be sent off. No violence.

@Michael ******

I’m not ignoring that at all.

I’ve mentioned in various comments the fact that a creation of a tax paradise will cause diplomatic ruckus many times already, especially in relation to their wish to become full blown OECD members.

But it was irrelevant in my post here. If you’re interested in all the details you can find my opinion in the dedicated group on Facebook:

Thailand Tax rules for expats