sidneybear

Woke is an adjective like any other, and controlling the way others speak epitomises the liberal left and its intolerance of criticism. You woke folk always like to position your ghastly world view as progress, while calling those who point to its obvious and proven failings as 'behind'. Where is this 'progressive' utopia? In the 'progressive' West, we see nothing but decline, societal decay and degeneracy. 'Progress' for its own sake has destroyed the countries we came from, which is probably why we came to Thailand, if we're honest with ourselves.

This post assumes that woke liberal justice works. One look at the western world proves that it doesn't.

Thailand will end up like the ghastly western world, where undisciplined children grow up into undisciplined adults.

There's no need to behave like a wally mate. All I was saying is that Thailand has adopted the CRS/AEOI, following the western world. Of course, it might take a while to catch up to western world banks, where accounts are routinely closed if tax residency information isn't provided. The fact remains that your accounts are at risk of closure if you ignore requests for this kind of information - given how difficult it is to open accounts, closure is something that most people would want to avoid, particularly those who don't mind paying their taxes.

Another "Thailand won't survive without us expats" post.

Fly to Thailand and spend as much as you can on booze, tarts and drugs. Squander the rest (to quote a famous footballer).

Don't hold your breath. Australia is also in a sorry state, so it's a race to the bottom.

It's all part of the Common Reporting System. If you don't provide this information, be prepared to have your bank account closed with zero notice, once whatever grace period they give you expires. It happens all over the world, so have a Plan B if you're abruptly debunked.

No need to be rude, just because you are incapable of civil debate.

So you don't want Americans to be allowed in then? They've been invading sovereign states for decades now.

The vast majority of bona fide tourists stay no longer than a couple of weeks, and there are other visas for those who stay longer. It's hard to refute.

They might think the same thing about you.

Propaganda article. There's nothing fresh about her. She just does what her daddy says.

What a daft thing to do - it teaches the young that money is free and requires no effort.

You obviously haven't flown on Qantas recently.

Bring on the next coup

That will happen, once the processes are in place. Thailand has signed up for CRS, so will be obliged to implement and abide by it, so enjoy your anonymous life while you can.

It's part of the KYC/CRS/AEOI regime that Thailand has signed up to, so expect more of it. In the West, banks will ask the same questions periodically.

The idea of Australian 'Adhesive Tax Residency' as it's euphemistically called hasn't yet been introduced, but it may well be. One would then need to spend fewer than 45 days each year, for a full three years, to cease being an Australian tax resident. In the meantime, Australia will continue to tax your entire worldwide income. Scary stuff. https://www.exfin.com/tax-residency-tests

Have you tried dealing with banks in the western world recently?

Each country has its own rules on what defines tax residency, so it's perfectly possible to be a tax resident of more than one country at the same time. All a DTA does is prevent you from getting taxed twice for the same thing. For example, if you were a tax resident in both Thailand and Australia, and had already paid income tax in Thailand, then Australia would deduct this amount already paid from foreign source income tax payable in Australia.

If you have tax residence in the UK, and you tell that to your Thai bank as you're supposed to do, then the HMRC will indeed be notified of your Thai bank account details through the CRS/AEOI process. This is why banks periodically ask you where your tax residence is, and 'nowhere' is not an acceptable answer.

Exactly. Britain still thinks it's some kind of moral authority, and can go stomping around the world poking its nose into other people's business. It's laughable when you look at what a degenerate dump modern Britain is.

Thailand actually makes and exports tangible things of value at competitive prices, things that other countries want to buy. Unlike the West, which doesn't make anything anymore.

Ovotesticular disorder amounts to 1.8 cases per 10,000 live births. That's only 0.018%. Totally miniscule. You're talking total nonsense in pretending that this is an issue. https://pmc.ncbi.nlm.nih.gov/articles/PMC6737443/ The rest of these 'intersex' people are figments of their own deluded imaginations, or are the results of surgical mutilation.