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I fully agree to your post! They will never bother to understand a foreign tax declaration. But maybe this is the ideato make the law so opaque that you have to pay tea money as you could never satisfy all the formal requirements.

Sound calculation. Only unknown is what happens if Thailand for example introduces new tax laws or a myriad of other things and you decide to leave Thailand after 2 years. I Agree LTR Visa is good alternative if you are sure you will stay the 10 years and gives you peace of mind (However they can still deny you reentry as in case of Covid or other stuff).

Apparently you forgot the proposed wealth tax... https://www.nationthailand.com/thailand/policies/40028162

In Germany the top top rate is 50,5 if you count in solidarity surcharge and "Reichensteuer". In Germany the "normal" top tax rate (45%) starts at 65K USD whereas in the US it starts at 283K. Every comparision shows that Germany and Belgium top the tax charts. FYI https://data.oecd.org/tax/tax-wedge.htm Germany tax wedge 50,5%! US 30%! for average earner. If you are "rich" you are much better off in the US then in Germany. Tax wedge is defined as differnece what the company has to pay in relation to what you get after taxes and social contributions. Granted social security is "better" in Germany then in the US. I hope you can agree to the simple facts by an neutral organisation.

Sorry you are mistaken. Tax is 26,375% and in case of trading futures,options etc there is a max loss of 20K accepted by the governement So if you make a 200K Loss and a 200K Profit you earned 0 but you have to pay 180K*0,26375= 47475€ in tax . I case you want to learn more and speak German (only over 1000 page). Some people will have to file for bankruptcy due to this law. https://www.wallstreet-online.de/diskussion/1317120-1-10/tradings-steuerregel

Thats why I wrote could (happen) and you stated all no problem ignoring all the (possible) red flags . BTW the moment you will learn how this law will be handled is in 2025 and then you could be in deep deep <deleted>... That is what I pointed out no more no less

My current plan is I get donnations from relatives that send me money to Thailand in the form that I have their credit cards. However the law could be read in its worst form that all cap gains, interest, dividends are taxable even without them being brought into Thailand.

Every interest, capital gains on stock, cryptp you earned in the 8 month you stayed in TH could be taxed...

easy sure, you mean like proving that you have 800K Baht in the bank where the bank book has to be from the same day and from a thai bank ???? ... Not to mention that they the receipts you mentioned are in a different language then English in most cases.

You forgot that Germany has the top spot regarding tax rates, with the US and others being a distant competitor. For example if you trade options and future your tax rate can easily go over 100% in Germany, no joke! Top income tax starts at around 65000 USD and is 45%.

And here I am thinking I spend a lot of money on vat, visa fees, import duties etc but apparently that does not count in your book... Apparenty you are not aware than 90% of thai people do not pay any tax at all.

Another disaster looming. If that law is put into place Thailand is a no go for me in the future. Thailand’s new tax twist: Overseas earners spending 180 days face income tax https://thethaiger.com/news/business/thailand-tightens-tax-rules-on-overseas-income-from-2024

If you take crs as a reference point, laws where in place long time before crs started. I suppose in Belgium it is the same for the law you mentioned. As your bank is the reference point for your taxes I do not see any potential issue if the national bank also has your information. For example CRS is active far longer then you think https://finances.belgium.be/fr/E-services/crs Nota bene: We are talking about CRS in this thread

Ok that clears things up. CRS is every 12 month for sure and is reported in Germanys case for example to a national tax office not the national bank. So nothing to do with CRS / AEOI topic. Why are you "concerned" with that information distributal as I am sure Belgium and your bank has already squeezed every drop out of its tax subjects. Belgium and Germany top the world wide charts regarding tax% paid.

A lot of details will be transfered as well, not just the total, max amount of funds in the year, realized sales (not gains) etc...

I found it once but took me hours, sorry. But several banks accepted after I told them that a tax tin is generaly not mandatory for outside the EU residency.

Is it true that prices are the same for a new Honda click or Honda ATV, so need to check out different shops? Do you always have to pay the recommended price? Thanks!

Where is your legal residence? If Ireland, you are still liable to pay Irish tax so no change there. Thailand (under AIE) will declare your account balance to your legal residence i.e. Ireland.

Taxiation is based on residence with the 2 exceptions being the US and Eritrea nationals. Nationality is ONLY relevant in DBA as a tiebreaker rule in some very rare cases when you reside in both countries. Regarding the TIN it is not mandatory if you reside in TH as stated in the OECD 200 page primer as TH does not give tax numbers to people who only reside in TH and have no work permit as the majority of people here. However if you ask for it you will get a TH tax number even without work permit. I had no problem with US and german banks not presenting a TH tax ID. They were satisfied with 90 day report slips and OA visa.

It is all a matter of perfect legal preference...

Maybe one day you get a "normal" massage and then a HE on abother day ? No reason for your post...

Healthland very good service! Buy a book of ten.

Thank you for your post! What exactly qualifies as income? Does Dividends Sale of shares Interest Selling of options? qualify? Thank you!

Is there a photocopy shop close to Blueport immigration. Can't find anything online and from my memory I cannot recall having seen one. Thanks!