jerrymahoney

I feel left out and am very concerned. Have you considered therapy?

Not to worry. I expect to be tax resident. But even Jim "I'm-OK-you're-not-OK" G. says I should relax. Any tax I might be charged -- if any -- would probably be around $US100 per year.

Well my first 65K+ baht deposit for extension of stay via retirement landed at my Thai bank account 02JAN2024. Now ...

What's the point of getting health insurance if serious conditions are excluded? None. You nailed it. I rest my case. This should be pinned. I couldn't have said it better myself.

They are the middlemen who distribute money from people lucky enough to have access to earn dollars to the unfortunates who don't have the luck to earn dollars. I like it when people say the Agent-ImmO-no 800k in the bank routine will never change because there's too much money in it. And just how much of that money do the Revenue folks now get?

So it's Taxes 191 pages God * 605 pages God wins. * Do you believe in God and why

Yes it is a bit off a tent-city. But I am lucky that they are a family all of whom are hard workers and the only time they can all get together is New Year's and SongKran. So I am happy to help defray the costs as long as I can just take it easy at home.

This is a photo of the annual New Year's outing of my wife's family. Lots of driving and then lots of drinking. I do not attend. I just pay for the bulk of the drinking and diesel cost which gives me a pass to just stay at home.

Or as the late former Defense Secretary Donald Rumsfeld put it in a Press conference 12 FEB 2002: Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tends to be the difficult ones. https://en.wikipedia.org/wiki/There_are_unknown_unknowns

Several lawsuits and ballot challenges asserting that Cruz was ineligible to become U.S. president were filed at the time. None were successful, and in February 2016, the Illinois Board of Elections ruled in Cruz's favor, stating, "The candidate is a natural born citizen by virtue of being born in Canada to his mother who was a U.S. citizen at the time of his birth." Cruz's mother was born in Wilmington, Delaware. She is of three-quarters Irish and one-quarter Italian descent, and earned an undergraduate degree in mathematics from Rice University in the 1950s. https://en.wikipedia.org/wiki/Ted_Cruz

Ok. No big deal. And as we say now in 20% of the US population: Feliz año nuevo

Musta got that answer from a ChatBot.

I agree.

What offices? Some offices ask for a source-of -funds letter but I don't see that as a tax-certificate equivalent. And scaremongering is when your intent is to make someone scared.

REDUX My post 9 OCT 23 a hundred pages back: But as long as there is some hiatus here, I would just like to note I have been on the receiving end of 2 doomsday scenarios: 1. Immigration Officer: "You farang -- you have retirement income of 65k per month. Show me your Thai tax return for your visa extension of stay showing that you paid tax on income of 65k monthly. 2. Be careful mate. That (65k) will bring you to their (RD) attention. ... and it is always better to not get noticed by any Thai Govt person or office. I wish you scaremongers were better coordinated. Edited October 9 by jerrymahoney

You folks are looking at very hi-tech where the answer may be very lo-tech. Note: “Remittance of income into Thailand” is defined as any action in bringing the income sourced abroad into Thailand, including wiring money from a bank account, transferring money via e-banking, or physically carrying cash into Thailand. However, the FAQ did not confirm whether spending money in Thailand from an offshore bank account, credit card, or debit card could be considered a remittance of income into Thailand. https://www.mazars.co.th/content/download/1175616/59807824/version//file/Technical-update-November-2023.pdf Page 3 So what if Revenue says that these offshore ATM withdrawals and credit card transactions are an income remittance into Thailand and DO have to be reported. And they also say: We do not have the mechanism, as yet, to track these individual transactions from ex-Thailand sources. But you are still required to report them as truthful on your tax form and, if you do not include them on your form, or you do not file a form if so required, then you are (intentionally) in violation of the tax code.

Sure but how many replies were there on this and similar topics to wit: How will they ever find out if ...?

While it has been oft noted on this topic, any new Revenue regime would require new legislation and the Gazette, etc., the Revenue folks already have a trifecta of regulations at their disposal: TAX EVASION LAWS: https://sherrings.com/tax-evasion-in-thailand.html

Many corporate-type emails these days conclude with a notice like this: Please consider the environment before printing this email So now we have a new excuse for using an agent to bribe an immigration official for an exension of stay: It is more ecologically sound.

From the Billy Wilder screenplay for Some Like It Hot (1959: (The 1929 annual meeting 'Friends of the Italian Opera aka 'The Mafia') And what's good for the country is good for us. In the last fiscal year, our income was a hundred and twelve million dollars before taxes -- only we ain't paying no taxes. (The delegates applaud.)

That's OK Cycle guy has backed me up plenty enough times.

REDUX My New New Year's prayer with apologies to Dr. Niebuhr: God grant me the serenity to accept the things I cannot change; courage to change the things I can; ... and the option to get out of the country before my 180 days are up if I can't tell the difference.

Yes I am bored with the reasonable speculation now that witching day is imminent. And a lot of people who have said nothing will every happen made big deposits before year end. And one workaround I have yet to see is a drone service flying cash bundles across the Mekong from Laos.

All this OECD CRS acronym stuff is beyond me. All I know is the change that was published SEP 2023. And a lot of comments to me early on to wit: Oh you use that 65K per month stuff for retirement extension? Boy are you gonna be in trouble!

This is all speculation on my part . Maybe Revenue will say any 180+ day tax resident with 3 million baht of any type foreign-derived income we don't care. Or they might better define what they might consider to be a tax cheat for which they already have the regs in place.