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Steve *******
This is a summary of
Steve *******
's contributions to the platform. They have posed 6 questions and added 2201 comments.

QUESTIONS

COMMENTS

Steve ********
@Ra *******
Thanks for the info, but I'd already said that! Pays to read the whole thread!
Steve ********
@Greg *******
That's very true, but I would imagine it's any sum "up to 20 million"? And this definitely applies to girlfriends? Doesn't have to be a legal wife?
Steve ********
@John *********
The OP has already indicated his income is overseas so i

I'm assuming he's paying tax on it, in which case his assessable income will be zero in Thailand
Steve ********
@John *********
I'm going by the lowest tax rate. Up to 150k no tax, after 150-300 is 5%. Easily offset by tax paid overseas. Agree bringing cash into Thailand is a remittance, but totally untraceable.
Steve ********
@Greg *******
I didn't realise that, but I'd be most concerned about the "gifting back" part of the process! 😆
Steve ********
Realistically anyone on a DTV (where there is no necessity to transfer money into Thailand) can easily avoid any taxation in Thailand, simply by transferring 300,000 through a bank, and bringing any other money in cash. Cash is the only way to avoid tracking
Steve ********
@Dnatjugweme ***********
I don't know which country you're from and perhaps Thai education standards are higher than in your country. However, I personally would never attempt to educate my children in Thailand. Unfortunately, price paid has absolutely nothing to do with the quality of education.
Steve ********
@Expat *********
Where on the tax return form do you show DTA exemptions? You do realise it's self assessment?