Lorry

Omg, you really don't know Thais? Every new job - and Thais change jobs often - requires an account at the bank your employer works with. Transfer fees to send your money upcountry to the parents are very high, so many have an account in Bangkok and another one in the village. For the same reason - very high fees - you want to have an account with the bank that runs the nearest working ATM - this can change. Same for branches. You might even have an account at the bank of your landlord, to avoid transfer fees. Some banks have special promotions that make it a good move to open an account with them, eg TMB once introduced free net- banking, that was a very good deal that only TMB offered. Some banks do not have a functionality you want, eg BBL can pay MEA, but not PEA - so for PEA you need another account. Accounting: you can use different accounts for different purposes. You may have an account with very little money and give the card to your child, another one for your mia noi, another one you use for savings. Etc

Most Thais have 2 or more bank accounts. Many practical reasons.

https://www.thaitravelclinic.com/blog/travel-medicine-issue/should-i-get-je-vaccine-for-traveling-in-southeast-asia-1.html Definitely worth to read it. Myself, i used not to bother until i realised all Thais get vaccinated. At the same time, I moved to a very rural area. So I got vaccinated.

As bam said. When the article says C, they also mean business class. C is often used for discounted business class.

In my home country, a woman cannot freely and safely sell her body. She has to have a pimp (from the mafia). Here, many prostitutes are self- employed. And they are not usually killed by their customers, quite common in my country. On the other side of the spectrum, Thailand has a lot more CEOs than my home- country. BTW anybody knows, how many female presidents the US has had?

So, if i understand you correctly, if a gift is under the threshold of 10m/20m, the gifter can (in your opinion) deduct the gifted amount from his taxable or assessable income? (I ask because many people seem to think so, but I have never seen it clearly stated, from any poster. I myself am very confused about this topic)

They talk about people who want/have to pay 5% gift tax because the gift is over the limit of 10m/20m.

Thx, waiting for your report. But remember, the AI of the metaverse is now so powerful to make you see blisters on real people's skin where really are none. Make sure to touch and feel if you see any blisters. That's the only proof

I have never seen anybody with these blisters, neither have my friends. All I have seen are clearly AI generated pictures on CNN and BBC. So, I am sure mpox is not real. I only believe my own eyes.

It works differently. They may just ask incoming expats (more or less visible from their history of entries) how much cash they carry. Yes, it's legal to carry it, and you don't have to report it. But if asked, you have to tell the truth. This would still require immigration to cooperate with TRD, so it won't happen so soon. And maybe they will feel it's not worth the effort (seriously, how many people would want to carry thousands of dollars in cash across South-east Asian borders? Many members here don't even pay 7-11 cash) And, of course, they can always ask you what did you live on. But the real issue is not the small money, those 400,000 or 800,000 daily expenses. Not much tax to pay on this. The real issue are the big ticket items. You don't want to finance a condo (you need the credit advice from the bank) or a car with your cash runs.

That probably includes most farangs in Thailand, certainly in Pattaya

What protocols? Afaik a written gift contract, preferably stamped by a lawyer, would suffice? So that could be a sheet of paper? (I am not talking about a gift of 20m, not relevant for most AN members. Talking about, let's say, 2m or less)

Maybe once. But you can't say this every year. PS oh, you wrote that already

Yes, that's how I would see it, too. Sec 40 (27) and (28) of the RC seem very clear to me: Exempt from PIT is "Income derived from maintenance and support or gifts" So the receiver is exempted from paying tax on the gift he got. It says nothing about the gifter. Sherrings says it this way: the RC "grants receivers of ... gifts the right to exclude (it) from ...tax" https://sherrings.com/gift-tax-law-in-thailand.html Gift tax is paid by the receiver and has nothing to do with the gifter. The same here: an individual receiving certain types of gifts in excess of the tax-free thresholds will be subject to personal income tax at the rate of 5 percent of the exceeding portion https://www.thanathippartners.com/insights/legal-update/inheritance-tax-and-gift-tax-t2u2.html?show=4 I have always wondered why so many people see gifting as a loophole. BUT 1. I cannot read the RC in the Thai original, I rely on English language sources 2.All of the above is only logic and matter of course. Not things that would bother a bureaucrat. 3. In the Swiss (?) embassy video, the TRD official said a gift to your son would be tax-free (not, if it's a Ferrari) - and he wasn't talking about the taxes of your son. It would be nice to know some precedents.

Many people were lulled in security by the very first government statement that disingeniously included " you won't have to pay tax if your country has a DTA with Thailand."

As @chiang mai just wrote, to say the gifter is free from PIT for money he gifts just doesn't make sense. About the scenarios you would like to see: - @Dogmatix posted several times scenarios (one from the Shinawatra family, one from the TRD). But they didn't help me to understand gift tax better. - one scenario you do NOT see is rich Thais repatriating money by gifting it to their kids. - and you don't see Thai tax consultants recommend gifting as a loophols to remit income tax-free. Why?

Do you really know this for sure? I used to agree, and I think logic dictates that it is this way. But several knowledgeable members in the old tax thread think the giver would be tax-free. I gave up and just accepted that I have no idea what is true. So, do you just think it is obvious and logical (like I think), or do you have sources like TRD or Big4 for this?

Not sure whether you are serious or joking. Very wrong. It doesn't matter when you remit the money. TRD looks at one calendar year, eg 2024. In this calendar year, were you in Thailand more than 179 day? If yes, you are a tax resident and have to pay taxes on all remittances during this year, no matter where you were at the time of the remittance.

Thank you. Anybody knows how to say "fish filet" in Thai?

Correct. But what practical advice follows from this? It is perverted to eat when you are not hungry, but it means you eat for other reasons. Which reasons, and how to eliminate them?

If it was like this LivinLos is basically right. Of course, if nobody complains about you you can always do whatever you want.

I think he needs this one https://www.rd.go.th/english/21978.html

How to teach a TGF to cook healthy meals? This thread gave me the necessary kick in the ass to improve my diet. Buying healthy food is a PITA but doable (no 7/11, hardly anything from BigC). But preparing food? When I said I really, really like fish - what I got was cooked fishbones I wouldn't even give to my cat. When I said I want vegetables I got a tasty salad - with about half a liter of sweet dressing. Fruit are a big no-no for Thais anyway. And huge portions of rice, of course - suitable for a worker in a quarry. I cannot cook, I don't really want to criticize her cooking, and sometimes it is difficult to flush things down the toilet. Any recommendations of healthy meals a Thai would recognize and willing to prepare?

3 years is routine. 4, 5, 6 years can be done, but you have to find a TRD official who likes you, who has nothing better to do, whose boss lets him waste his time with this exercise and who feels like playing with the computer to figure out how to do it. You have to insist, first thing they will all tell you it's impossible after more than 3 years.

OP had a question. I wonder who helped him more - CM or the posters who call him names?