chiang mai

I've never heard of one being used by Thai banks since I've been here, I thought it was a US form.

Instead of a joint account, consider opening an "either/or" account which can be transacted upon independently and should give survivor benefits to the other person. There's probably not much you can do about the 800k account because most banks these days do require probate.

A yellow house book would probably suffice, as would any recent correspondence addressed to you from say a bank. FWIW I keep past copies of my bank credit card bill, for this purpose.

Enforcement using visa issuance would be a slam dunk for everyone, Waiting for evidence of enforcement in the field could be difficult and take a lot of time before anything other than anecdotes became apparent. This forum comprises only a small percentage of the foreigner population, several years is not an unrealistic timeframe. Individual contact strikes me as unlikely, except on an audit exception basis, less than 1% I imagine.

Sorry but I don't, maybe others can recommend. There is a pinned list of tax consultancies in the Finance Forum but they are mostly Big 4 type companies and Bangkok based. I don't know how you'd even begin to find a reliable and reputable company other than asking around for referrals. Perhaps you'll let everyone know if you make any progress in this area. Then there's this but it's three years old: https://thethaiger.com/guides/best-of/top-5-tax-firms-in-thailand

You have a visa that allows tax exemption on income? That being the case, it seems a complete waste of time to bring up the Gazette and pretend that you won't comply with the rule until the new law is published because it doesn't affect you!

"our" is the collective understanding of the members who were involved in the earlier tax thread discussions. https://www.tilleke.com/insights/thailand-new-order-closes-tax-loophole-for-offshore-sourced-income/

The reinterpretation of the tax laws as described in Por 161 and Por 162 aren't changes in the law, they are simply reinterpretations of an existing law. Our understanding is that does not require to be notified via the gazette.

You appear not to understand how DTA's work. As a general rule, if you invoke a DTA you lose the right to any home country personal allowance, and the rate of tax in that country. Instead, you assume the allowances given to you by your country of tax residency, along with that country's personal allowances. This may result in your income being repriced for tax with any difference being either, paid by the tax payer or issued as a credit to the tax payer.

So answer the question.

Wait how long, three months, one year, three years?

You see the problem. New posters cone along every day and ask questions about tax, often it's the same old questions, time and time again. If some of us answer and help that poster by offering an opinion, trolls come along and accuse that person of "repeatedly ramming opinions down members throats", If nobody answers, the poster remains in the dark and eventually has to blow 10k on a tax accountant who quite often doesn't know much more than many members and ends up selling their services for even more. So what's the right answer? Stay quiet, don't help and throw people to the wolves because most people couldn't tell the difference between a good tax consultancy service and a bad one! Or, we could leave it to other members to answer the questions but they refuse to do so, as we've seen in this thread. It's a Catch22.

@redwood1 why not answer this poster s query and be helpful for once? I could answer but then I'll be accused of ramming my opinions down everyone's throats!

You have decided, maybe.....thousands don't even understand anything about the subject, new members ask basic questions every day. Who's going to help them, you......you haven't for the past year!

Have to say, the free tax information provided by expat tax has been exceptional.

Yes,agreed, I think that's always been the purpose of these threads is to motivate people to do just that......many have.

I don't think that's what he said, is it!

I don't know that anyone disagrees with him, I think it's more about the wider picture. Certainly, everyone should take professional advice, if they don't know the answers. And certainly, there are charlatans out there.

I read where CRS was off topic, I have some sympathy with idea that DTAs could also be, given there are 61 of them, all different. Anyway, water under bridge and ove got a garden to plant.

I read the part about DTA's taking precedent over national tax law but I thought it was discovered quite late in the day. I must go back and see if I can't figure out the sequence of events.

You signed a blank form?

I'm not sure how true that is, from what I've read of the earlier threads/posts there was an attempt to structure the arguments and issues but that process seems to have ended prematurely. I'm not suggesting that what you wrote is not true, only that I didn't see evidence of that. I've gone back to Listers tax guide several times as a point of reference and I didn't see where DTA's were given second place but I haven't read through all the early thread. What I did see and what I continue to see is some members posting against individuals rather than posting against the arguments or views they present. I have two or three posters who regularly don't comment but who simply put laughing emoji's on everything I post, that's a perfect example of the mindset involved in some of these threads. Water and ducks backs and all that.

Standard YT response....boring.

I think the video in the op overlooks or ignores several aspects of what has happened. It ignore the inevitability that as we get closer to tax filing season, the greater will be the number of people asking questions about what they are supposed to do now, even I have been asking myself that same question and I've been involved in the discussions for months. That curiosity is not the result of the debates that have taken place nor the videos. The changes made via Por 161/162 were announced far and wide over a year ago and most people will have flagged that. Everyone is now quite rightly asking, so what do we do now. The other point that has been ignored is the extent to which older less wealthy expats have been helped and their minds put at rest as a result of these threads and some of the media coverage. I've received a large number of messages from pensioners in Thailand, asking how much tax they will have to pay on income that I would guess is below average for the western expat community. Older people worry more, many of those people are on the last leg of their journey and don't have any other options for a home or for income. Leaving those people to stew and fret for a year is cruel and unnecessary, at least one spoke of self harm because of the stress and uncertainty. Being able to reassure those people and put their minds at rest, has been the main benefit of these threads, as far as I am concerned. As for the detractors and critics: the threads have seen a small number of vocal naysayers who have trolled the threads and their participants. Some are an inevitable function of social networking sites, others are anti-tax and many are anti Thai. Some have above average wealth and frustrated at the lack of clear answers and some are just plain anti-social and have too much spare time on their hands. A very small number are looking for perfection in the answers and will challenge any other comments that don't achieve that. Most if not all of the critics are the ones who have something to lose and don't want to be pulled into the tax net, not because they think it's unfair, but because they will have to pay up! The last part of all this is the extent to which the past year has finally brought Thai tax into focus for many expats, people who previously thought that tax was something they didn't have to be concerned with, in Thailand, ever! That increased awareness is a step change and has come as a shock for many. I don't know about others but I don't see that as an entirely bad thing.

Not forgetting that the taxpayer will also need to have his passport ID certified by the British Embassy, for presentation to the MoFA.