The original Thai article that the Thai Examiner's article and subsequently that ASEAN Now thread were based upon doesn't even mention foreigners or remitted income at all.
All the big boss said was to remind "Thai" tax payers, particularly young entrepreneurs to file their returns by 31st of March.
The Thai Examiner twisted the RD's Boss's words around the suit their own purposes. Scaremongering basically...
How would the Bangkok Post (or any other local news source) know who has and who hasn't filed a tax return? Does the RD stamp your forehead once once your return is complete?
I think it's sad that people are jumping ship because of this. Especially when you bear in mind that the Thai revenue department aren't even enforcing this "new tax law". The only people that are, are the English speaking media and unscrupulous foreigners trying to sell you a service that you don't need.
Can anyone confirm that you need a certificate of residence in order to obtain a Thai TIN, if you don't own a yellow book or Thai ID card? Thanks in advance 🙏
Wise's fee may cost slightly more but using them you will get a much, much better exchange rate than any receiving Thai bank will offer you with a direct transfer using Swift. I'm afraid, at the end of the day it's no contest.
So cheese that has matured for 24 months goes bad after 25 months? I will let you into a secret, aged cheddars can last 6 months to a year after opening if refrigerated.
It doesn't alter the fact that it's highly irregular for banks to ask for someone's personal information via emails. In fact they they go out of their way to tell us they will never do that!