Everyman

If even the revenue office doesn’t know about any “new rules,” then surely there is nothing that needs to be done with them?

Many years ago I was an English teacher in Bangkok with a NON-B visa and work permit. I recall that I was paying taxes as well. However, aside from my cancelled work permit from long ago I don’t have any documents. How do I find out what my number is? Do I bring my old work permit to any revenue office? Does it have to be the office for the area where I worked?

I find this situation an effective counter argument to claims that “Thais will never turn down a baht,” in the context of the tax situation. DTV holders have had to show at least half a million baht in a foreign account. You would think the banks would want those funds. I suspect someone may chime in that half a million baht is “chump change” or something. I’m not interested in such bragging.

Have any U.S. citizens received this email who opened their accounts (somewhat) recently and already filled out the usual FACTA forms? The US is not a signatory to CRS, but they do have their own crap so hopefully for US citizens this is limited to older accounts that don’t have FACTA on file.

I The more money a foreigner has, the easier it is for them to leave Thailand to avoid any tax liabilities. In that light the kingdom would lose more money than they gain and “walking away from a baht” would be to try to enforce any of the harebrained proposals. The only ones they “have by the b*lls” are pensioners who who can’t afford to leave and they aren’t going to pay anything under any of the scenarios.

Health insurance is not required for the DTV.

Wow, you replied to a six year old topic. Nice necropost.

Why bother with all that? I transferred to my Maya account and they didn’t ask me a million questions. And i pulled PHP out of the ATM with my Maya card.

The author of the article seems to not know what they are talking about and has conflated a bunch of different things such that it makes no sense. But one fact we can be reminded of is that there is no global taxation law for tax residents in Thailand and there may never be one. Honestly, if there was one, what rich person in their right mind would open themselves up to the revenue department of a notoriously corrupt country to plunder whatever they wanted from their accounts? Nobody, of course, the wealthier they are the less likely they would be to stay.

Notice there is absolutely zero mention of the police determing where they got it. They were probably used to weak, “stepped on” ketamine from overseas and the ended up with the real heavy duty stuff from a dealer in Thailand.

I love shrimp paste but I can’t work out which types of noodle shops have it and which ones don’t. I can read Thai but that hasn’t helped. It’s not random or “up to the owner” or the shop or something, there are specific kinds of noodle soup that are supposed to have it as a condiment and some which are not. I just can’t work out which is which. When I do ask for it and they don’t have it they look at me like I’m insane and say they don’t have it in an “of course” kind of way. But if they do have it, they say it in the same “of course” we do kind of way. So does anyone know which kinds of noodle shops have shrimp paste as a condiment? I thought it was boat noodles but I was just at a shop that doesn’t have it.

It’s no surprise that the revenue office didn’t just pull up their magical computer system that knows every bank balance and transaction of everyone in the world along with detailed programming of all the dual tax agreements so they can assess taxes for every random pensioner in Thailand who comes to them afraid they will be dragged out off their barstool and charged with tax evasion for not declaring their pensions.

Today I had a conversation with the manager at the SCB in Central Marina in Pattaya. She said that they are not opening accounts for DTV holders…yet because they are waiting for guidelines from the head office. Anyway that’s not much information and so not that helpful but I thought I would mention it in case any other DTV people are out there. I would also be curious if anyone has opened an account with a DTV at another bank/branch. Please don’t mention agents. I know you can use an agent. I already have an account with Bangkok Bank.

How is SCB the best? Not being critical, I would like to know

The answer probably has something to do with the “middle income trap” from economics.

At this point, I’m mostly interested in the psychological aspects of how the hysterical people will react next year when nothing at all happens. Will they double down? Or “memory hole” it as if it never happened, like the 5G tower conspiracy theorists did?

I would fed-ex it to my bank in the US and insure it for the amount of the check.

Why not just buy crypto if you want crypto? Why all the extra steps?

The solution is to get another credit card in the U.S. that does not charge foreign transaction fees. None of the Capital One cards do so you can start there. If you aren’t able to collect the card in person, have a trusted relative receive the card and take photos of the front and back. Then you can activate it and add it to Apple Pay or whatever the android equivalent is. I’ve done this with over 10 credit cards.

It doesn’t matter. Nobody is following you around just in case you happen to sell some gold so they can go tell the revenue department. Do you think Thai people are running off to the revenue department to pay tax when they sell gold?

I am fed up with you all going bonkers over mythical taxes. When will it stop? Every year that the revenue department does absolutely nothing, the hysteria just keeps growing. It’s pathetic and insane.

It’s you who are deluded. The revenue department is not MI6. You probably think they are watching you with a satellite too. And did you mean principal or principle?

Is this a joke? How do you imagine the revenue department will know if you sold some gold? Do you think they are spying on you? The paranoia about taxes has gotten totally out of hand.

2% is crap

Did they mention if the card will have your name on it?