True unless they have pinpointed someone for tax investigation. Then they just put in the name and tax ID number into a database to come up with someone's details. The common reporting standards allows fir that.
Until.they bring in global assets tax this year or next. All they will need to renew will be an acknowledgement from the TRD that you have filed. Just like they do fir our bank balances now
The UK DTA is to give credits against thai tax. That may mean your remitted earnings are not taxed but it doesn't mean you don't need yo file a tax return
It doesn't matter how u transfer cash, or in what currency, Thai baht or dollars. It's the source of the funds that's important. Using a fireign credit card fir goods and services in thailabd means it is assessable. Whether it's taxable earnings depends on its source.
But when they bring in the global assets tax soon you will have to file or not be able to renew your visa and they will want to know why u did not file for previous years if u had transferred taxable assets. Google the penalties
It doesn't matter what the purpose of the remitted money is. It's what the source of the funds that's important. If it's taxable earnings that you transfer to buy a property then it is assessable income.
Google penalties fir non compliance for thailand tax. When the next rules on global assets comes in you won't be able to renew your retirement visa without filing a tax return and they will want ti know why u did not file for any taxable remittances in the previous years
Mine once dipped below by a small amt but I topped it up to above the 800 within a day and they let me pass at Chonburi immigration. You have loads of time to wait. If you have another bank account with funds that could be added on to bring the total over the 800 then just keep the paperwork and statement to prove it when you need to prove the 800 again. The regs don't specify the 800 has to be in the same account although it has to be accessible and immigration assume it should be.
Simon, I'm on a retirement visa in thailand been living here for 20 years but made 4 long trips to Myanmar, the last just before the recent coup. What can I do for kids education in the country, either including visits there or from here?
Great story and it brings back wonderful memories for me. I used to travel a lot in Myanmar and miss it since the recent coup. I'd love to keep up with your stories. Just one question. I heard savage sounding dogs when I climbed those steps up to the top. Are they still there?
As a Brit I would be proud to be one if Starmer goes ahead with the threat of arresting the war criminal netanyahu. I'm tired of netty constantly hiding behind the holocaust, anti semitism and pogroms to shield him from his war crimes.