Phulublub

Could say that about the opening post of the thread!! PH

Of course. I have two accounts - BKK and Kasikorn - both noted as recipients on my Wise account. PH

While this is true, Biden is not from or of the idiot (extreme) left, while Trump is most definitey a fanatic, and in many respected very right wing. PH

Haivng money in a fixed account where you cannot withdraw is a different problem and, as you state, not allowed by many (most? all?) IOs. Many fixed accounts, though, allow access but with loss of interest and that is perfectly acceptable. PH

But the money IS being seasoned....just using two accounts with one of them always having the required amount. Yes, you will have to provide two lots of statements, but that is all. PH

If you cannot transfer direct, then transferring to your Savings Account will start the clock in any case...then you can transfer to Fixed when here. All you need do is show both Account balances etc when applying for your Visa. PH

Nope. The was (and is) no loophole. In the past, you could "decide" if asked, that inbound funds were from prior years' and therefore not assessable. Now, you could "decide" that inbound funds are from savings held at 1 Jan and therefore not assessable. It is a question of fact (a legal term) where and when the funds originated. In both cases you are either telling the truth or you are not, depending on the real origination of the funds. Nothing has changed in that regard. At all. Please show where any official announcment makes any reference anywhere to linking a tax clearance certificate to extension renewal. Stop scaremongering. Please. PH

Agree entirely. PH

But he will also have Thai exemptions and allowances...maybe go work out how much will be due on some real life European pensions that are not exempt under that country's DTA. (hint: In most cases, even when assessable, will be minimial liabilty) PH

Depends on the source. Most US and UK Government pensions, for example, are non-asseable. PH

Or perhaps some of the muppets posting incorrrect nonsense should do some background reading before making knee jerk and utterly wrong statements. PH

Utterly WRONG. Under all DTAs there are several classifications that are explicitly NON-assessable. Suggest you do some better research before psoting incorrect and potentially worrying misinformation. PH

ATM and CC purchases can be tracked and traced in exactly the same way as direct transfers. If money transferred to Thailadn (by whatever means, inlcuding bringing in cash) is assessable incoem then there MAY be a Thai tax liability. In truth, many will be from countries with a DTA that minimises or eradicates any liability to any tax payments here. A lot of expats are getting worked up about a change that will have minimal or no impact on them. It is aimed at gathering tax from wealthy Thais; that it is broad in scope so we are caught as well is perhaps unfortunate. As yet, Thai tax forms do not have the required fields for any of us to file, even if we want to. That may change by next January when we are supposed to file. We should also obtain a TIN (Tax Identification Number). But if we do not, and continue to bring is funds but have none that are assessable, the fine for non reporting and non payment is equal to the amount owed - so nothing. Even for those who may have some income that is assessable, then if tax has already been paid, then under all DTAs, this is credited either here or at home so is paid only once. With Thai rates low, and allowances decent, there will usually still be no extra tax to pay. But if you want to panic, run to another country, store cash under mattress, or other silly extremes, feel free to do so. PH

Is it still possible to buy two seats - one for yourself and one for your large, fragile piece of luggage that you wish to travel with you and not in the hold? PH

Apologies for giving out of date information PH

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Not true. Take old and new passports to immigration and they transfer the satmp(s).

IMV this is exactly the kind of "clever trick" that tax authorities the world over - including Thailand - are keen to stop. Given that many expats will have DTA's in effect to mitigate some or all of their income, most will already have paid tax on assessable income and that there are reasonably generous exemptions here, the vast majority will have no tax liability here in any case and a lot of hot air, angst and suggestions of illegal activity is being generated that is pretty pointless. PH

I only used "..to buy a condo..." as a follow on to JimGant's post as he used that as an example. I agree the prupose is irrelevent. Both Alan and Bill have remitted funds to Thailand. The ultimate source of those funds is earned (assessable) income. That BIll does so by a circuitous route is, perhaps, exactly the sort of "clever ruse" that tax authorities the world over are trying to eradicate. PH

The majority of those who voted wanted to leave...there is a difference. And if the same question were asked again today, it is extremely likely, purely due to fewer older voters (more likely to vote for Brexit) and more younger voters (more likely to vote to remain) being able to vote. In pure economic terms, Brexit has cost the UK billions. PH

Ooh, you are going to woke hell for that. Truth is not allowed by the wokesters. I'm pretty woke, but agree with every word Doctor Tom said. PH

Alan earns $50,000 in the US and sends the money to Thailand to buy a condo. Assessable? Bill earms $50,000 which he puts in his US bank account. He borrows $50,000 from another bank and sends that money to Thailand to buy a condo. Later, he clears the debt from his primary account using the money he earnt. Assessable? PH

Make sure VPN off. Cler cache (CTRL F5), ry a different browser. PH

Didnt he also suggest dropping a n uke on a hurricane to make it go away? PH

And for how long will these "elites" live underground? Who will maintain their machines? What will they do? Read On The Beach, Neville Chute...published 1957. Or watch the film (1959). 60+ years ago, but still pretty accurate imv PH