@Tore ********

Here's a guy with no agenda, telling it as it is.

@Tore ********

Yes but there's been nothing official anywhere to suggest everyone has to obtain a tax ID or file a return. This is only bs being spread by these parasite tax experts touting for business. I've been in Thailand for 25 years and at least 18 of them I would have been classified as a "Tax Resident" but never once had to file a return. It's all speculation and I'll do nothing until it's formally requested

@Tore ********

I'm talking generally. It doesn't apply to me as my Australian Tax Residency takes precedence over Thailand Tax Residency according to the DTA, so I'm not required to have a tax ID as I don't have to file a tax return. If I go to one of your buddies they'll charge me baht to do the unnecessary. That's wayyyyyy too many beers for my liking! 👍

@Tore ********

IF you get audited? Yeah, that's really going to happen! Thailand can't even get its own citizens to pay tax!

@Sab ****

There's not many lateral thinkers amongst expats these days is there? I get my Thai lady friend to do the exchange. Nothing traceable to me. There's always ways and means! 👍👍😀

@Tore ********

I don't bring in such big sums of money. I'm a property investor in Australia and that's exactly where my CGs remains, usually ploughed into another property. I remain an Australian Tax Resident as the tax benefits are too good to lose. CGT 50% discount, negative gearing, dividend imputation and tax-free threshold. It would be financial suicide for me to adopt Thailand Tax Residency, but being an astute investor my whole life it's so easy to read the Thai Tax laws and the relevant DTAs. Have a listen to what Benjamin Hart has to say about the "tax experts" on the loose in Thailand, sucking people into believing they must have a Tax ID and must file a tax return.

@Tore ********

Good for you! I won't be conned. I'm retired so I pay zero tax anyway, and zero forms to complete!

@Sab ****

Each time you go overseas bring US$10,000 in cash (or some currency equivalent). Invest in a safe at home, and simply exchange the cash for Thai Baht whenever needed. Totally untraceable. People need to stop overthinking this thing

@Tore ********

Have you actually looked at a Thai tax return? It has only fields for "assessable income" - there's nowhere to put "overseas remittances subject to DTA" and nowhere to put "DTA tax credits". So anyone bringing money already taxed simply puts "0's" in ALL the fields. If all expats did this, the Thai Tax Office would go into meltdown. They would have to employ more staff at 50-60k baht per month salary to tick all the 0's. Are there still expats out there believing the cow-dung being spread by tax advisors charging 10,000 baht per hour to "look after your tax"? I thought the Y2K bug was bad enough for morons being fleeced but this Thai Tax Fiasco has revealed to me just how stupid and gullible my fellow expats are!