KhunHeineken

I have never had the intention of changing the way you see it. I am just asking you if you think the Thai's will see it the same way as you do, after all, it is their country, it is their laws, and it's your money they want, and you have no right to live in Thailand? Not a great position to be in, is it?

You're the one with the pasty skin. I'm Aussie.

As I have said, there will be chaos. It's up to each member to navigate a path through the fog of Thailand's tax policy. I don't see doing NOTHING as an option, but that's just my opinion.

Well, what I don't suggest is to do NOTHING and be content with the incorrect information given by a low level TRD staff member. An agent will be handling my tax affairs in Thailand. Other members will have to decide for themselves what's best for them. In my opinion, doing nothing may have some serious consequences at a later stage.

There within lay the problem for some members. Some members may know they actually need to file, but are told otherwise by TRD staff, either due to laziness, incompetence, inexperience, or a combination of all of these. What is one to do in such a case?

Would that "certain deposit amounts" have to be all amounts over the tax free threshold, which is pretty much every foreigner? How can they when they know they have to file, but are being sent away by TRD staff who say "no need for you to file" and they have no documentary proof of their attempt to file? Do you think down the track it may come back to them? As I said to anther member, why "call an audit" when they can force all foreigners into a TRD Office, ensuring they don't miss out on 1 baht? I'm sure it would be. Yes, I was being sarcastic.

Right, so after receiving said "full bank account reports on all foreigners" how does the TRD know whether an individual's remittance is from assessable or non assessable income, UNLESS the individual is forced into a TRD Office to prove the source? Why bother "calling" when you can wait for them to come to you because they need a certificate from the TRD at extension time? Why chase down foreigners when you can make them come to you? I have a feeling we'll all be "bothered" in some way, shape, or form, by this tax policy. Time will tell. Yes, but how to get them into the TRD Office for the first time? What process do you think they will implement? I can't see them scanning TM30's, bank records, telco companies etc. For me, make it a requirement to have a certificate from the TRD at extension time. Cheapest, easiest, most effective, and no chasing. Time will tell.

You do know that it's highly likely at some stage that current expats, and new expats retiring to Thailand, will eventually be remitting current year income in the future. Something I am sure the Thai government will be seeking to change for foreigners. Can't have farang having a choice, can we? I am still of the opinion the Thai government will want to confirm they can't tax that 100k baht each month, because currently, they don't know if that 100k baht every month is from social security, or from rental property. (speaking in general - not focusing on Americans who have a "kinder" DTA)

Got it. I'll wait on the "Bangkok Bank emailed me" thread.

Or, they don't hire anymore staff, and let the queue stretch out through the front door, down the street, and around the corner. Sound familiar? Nice earner for "agents" and backhanders for TRD staff. Sound familiar? Also, there's 3 months for all farang in Thailand to file, so the work load is spread over time?

Well, it appears Kasikorn are super efficient then, because I have got this from any other bank, in any other country.

Plenty of options. I considered Bali as well.

I have more than one bank account in Thailand, as I suspect most expats do as well. Do you think the other banks will be following Kasikorn requiring their foreign account holders to submit similar forms?

I occasionally have to re-confirm my tax residency status for a particular bank in Australia. I do it inside their internet banking. Kasikorn was the first time for something with a little more "substance."

Yes, as I have posted, there will be chaos. There will be members who know they have to pay some tax, but their local TRD Office will refuse to allow them to file. Perhaps if they went to another TRD Office, they would be allowed to do so. I'm sure such members will be very happy if down the track they are fined 2000 baht for not filing.

I'm sure the Thai government feels the same way, and farang are the gift that just keeps giving.

Ok. Can you briefly state which "stuff?" I agree. It has not been in the news. There have been no announcements from government about it. That's said, do you think you should at least give the possibility some consideration? You have to admit, it's the easiest, cheapest, and most effective way to force expats into a TRD Office. More like a prediction, actually. You are the one that posted how Thailand often reverses policies. No argument from me, but not usually when money is involved. However, you don't comment on how often Thailand creates new policies. If the lack of expats filing, or the amount of revenue they receive from expats does not meet their expectations, do you think it's possible they will make a TRD certificate a required document at extension time? Yes, I know there is no requirement now, but what about in the future, and I mean the near future?

Yes, is funny how some members "cherry pick" things to suit their comfort zone here. Many are relying on "TiT" for why this tax policy will not / can not be implemented. However, to assure themselves, they go to their local TRD office where they are told by low level staff member "no need to file" and then "TiT" goes out the window, and the staff's information is taken as gospel. Apparently no "TiT' when you hear it from a low level TRD staff member. It's laughable.

Seems like a credible source. Did he put it in writing for you, so you can show immigration?

I have said in the past I expect there to be chaos, and the whole implementation of this policy may well become laughable, which it pretty much is now, and we haven't reached the deadline yet. It's interesting that your experience was not the same as a few others. Some others went to their local TRD office and were simply told no need to file, and they left.

What country did you decide on for the other 6 months, or will you go back to your home country? For me, it's Vietnam.

I have bank accounts in a few other countries. Why has it triggered only in Thailand, and only at Kasikorn?

Expat goes to a TRD office because he needs a clearance certificate for his extension. He hands over a bank document showing his remittances for the last calendar year. Staff assess it's over the threshold, allow for age and marital status deductions, if any, and throw the bill at him. Bang on about assessable, non assessable, DTA's, pre 2024 savings, loans blah blah blah blah and the staff will say, "you come back tomorrow. next customer please." Eventually, the expat will just pay. No, best they can do is say you need a certificate from the TRD or immigration will not process your extension. Cheapest, easiest, and most effective way to force compliance. It forces ALL foreigners to go to a TRD office, assessable, non assessable, DTA, pre 2024 savings, loan whatever. Yes, but that would be "chasing." Why chase, when you can make them come to you? There are no right and wrong answers. Only time will tell how this unfolds.

EXACTLY, but as foreigners here, they can take away that "onus" and force us to produce a certificate from the TRD at extension time. Why wouldn't they? It's perfect for them. They can't do it to Somchai the rice farmer, but they can do it to foreigners. I have no doubt they will at some stage.

They already had my ID. which is my passport, which is obviously my nationality. Why only Kasikorn doing it????