K2938

How long ago was this?

Just speculating, but usually where there is enough money, there is a way.. Might just not be worth it any longer for the average guy

So how do you get to the airport / get around in Bkk when far away from public transport? While good, this picture is kind of getting old. Now shown nearly everyday in some post...

So far only (1) Bkk Bank customerers who are (2) Russian

Yes, but so far this is only for Russians and TASS is a Russian news agency

Like where you are taxable, in your home country or Thailand, and what your tax ID number is?

Yes, and you will also see in the article that this could later apply to all nationalities...

My bank account IS linked to my mobile number!

They asked you for this or the initiative for this came from you?

Seriously - I wonder why because Thailand has no political position against Russia and a lot of Russians have invested big money in Thailand condos, especially in places like Phuket

How would they contact you if they want to close down your account? I do not think that any of my addresses with them are current and they have also never wrote to me there?

I doubt that very much. They probably just rephrased the Bkk Post article. But since nobody at the moment really knows what will be happening, we just have to wait.

Is this serious?

Remittance taxation is feasible. Remittance taxation where taxation is based on the time remitted maybe not or highly complicated

This leads to interesting questions. Let's say you have 100 abroad which is 70 savings and 30 income. You missed the 2 year deadline. So you now put it into the stock market and sell it at 110. If you now transfer the 110 to Thailand immediately, i.e. within 2 years of earning it, what happens? It is all tax free because within 2 years, only the 10 are tax free because only these were gained in the last two years, it is 10+70 (old savings) because old savings are never taxed, but seen as capital, or what is it? And of course excluding gifts and inheritance all savings are really former income of some previous time anyway.