
Card
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ALL your financial records anywhere where thailand has a dta are sent ti the Thai is. They just need to key in your details. If your bank is in a state with a Thai dta then your credit card details abd transactions are available under common reporting standards. They know if u have used it in thailabd or your home country abd they know if u transfer funds to your wife adter using it abd they know if u are a resudent in thailabd
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1. I don't think you can avoid tax just by flitting around the workd staying less than 180 days in 1 place. Tax authorities are aware of that ruse. I think if u do that then your income will just be taxed fully in your home country as if u are a tax resudent there. 2. Yes I agree that if u pay tax like a citizen resident then u should receive the same benefits but life is a beach in thailabd sometimes. Global assets tax is imminent in thailand just like in other oecd countries. The shift in demographics to an elderly population is part of the reason why it's happening everywhere now.
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They won't knock on your door or speak in fireign languages. Eventually you will be scurrying fir a TIN and filing for tax because you will.need a global tax return reply from the tax office maybe going back 5 years before they will extend your visa just like they do with your bank balance now. It'll be simple for them
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More likely nit extend your visa without clearance from the Thai tax authorities. It's simple fir them. Just need to take a tax filing return to immigration on renewal day like the bank letter. Then YOU will be scurrying to file a return. It will only come ti that probably soon when they introduce global taxation. That's the bombshell awaiting all.if us.
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Of course. Being covered by a treaty means any tax paid in your home country has tax credits for thai taxation. It doesn't necessarily mean its not assessable in thailand requiring a filing. If you transfer some funds that are taxable in thailabd along with the untaxabke income then a filing is required. I an referring to transfer of non thai taxable earnings only.
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It depends on the source of the funds u use to pay off the credit card. If u use a foreign credit card ti pay for goods or services in thailabd then your credit card company will send records to thailand according to the CRS common reporting standards. There is no way if getting out of it. If you pay the card debt with earnings that are taxable in thailabd then it's the sane as remitting g those funds and the Thai tax authorities will know about it
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what money is taxed 2024 ?
Card replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
I suggest you can get help from an agent ti get a TIN instead of going yourself. The lack of earnings in thailand does not mean you do not need to file a tax return. At least get the person u spoke yo at tge Thai tax office to.put what he said in writing which may prove difficult otherwise you have no defence against non compliance