@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!

@Romain ***

Yes of course 😂😂😂😂😂

@Romain ***

Boomers are the greatest ever generation in history. We have over 50% of the world's wealth! And we ain't giving any of it to Thailand! 👍😂

@Romain ***

I most certainly will do as the law prescribes I will do. You've provided me nothing which states I must obtain a Tax ID number. I haven't needed one in the last 25 years so I'm not going to be herded like a sheep as you have done! 😂👍

@Romain ***

My Thai bank already has my Australian TFN and has me noted as Australian Tax Resident, so I don't require a Thai Tax ID. Further, I only remit pension payments from Australia which are not taxable in Thailand.

@John *********

You most certainly are! 😂😂😂