freeworld

It is difficult.

It seems Thailand is one of the top countries in the world for extradition of criminals to the US. The FBI seems to be active in monitoring and coordinating with Thai police for capture of criminals perpetrating crimes against US. https://en.wikipedia.org/wiki/Crime_in_Thailand From wikipedia "Foreign gangs and fugitives Thailand has been described as a haven for criminals on the run from the law in their homelands.[50] Further, foreign criminal gangs have adopted Thailand as a base of operations. A 2014 study by the Thailand Institute of Justice identified 22 separate gangs of foreigners involved in identity fraud, petty theft, and burglary. Thailand's economic reliance on tourism[51] creates cover, crowds, and undocumented vice income, enabling foreign criminals to enter and remain in the country overstaying tourist visas. Bribery is frequently used to cement friendly relations with local officials, particularly the police. Their palms greased, police and immigration officials ignore wrongdoing.[50] "Thailand has traditionally been one of the top source countries for extradition of criminals to the U.S.," said a March 2009 cable from the American Embassy in Bangkok obtained by WikiLeaks.[52] "There are a number of minor reasons and one very major one why the jet-setting underground would find Thailand irresistible," according to Thailand-based British author Mr. John Burdett. "The minor ones would include guns, girls, gambling, ganja and gorgeous beaches, especially for those recently released from confinement." But, he said, what makes Thailand especially attractive, "is the ...compliant and bribable police force."[52]"

Rubbish. More like correlating the applicants bank account number and balance with the financials used to obtain an extension of stay (to find those who do not have the funds and are using agents. Somehow they are producing bank documents with financial info temporarily to support their application for an extension of stay)

Thank you, you are correct, my first post was probably old news. The latest 1st July 2024 update: THAILAND REGULATORY CHANGES ON VAT COLLECTION FOR IMPORTED GOODS VALUED 1-1,500 BAHT Last update: July 1, 2024 On Jun 19, 2024, the Ministry of Finance has issued an exemption of customs duties for items with a value lower than 1,500 baht to align with the government's policy to solve the unfair competition of imported goods in which foreign sellers are currently exempt from Value Added Tax (VAT) while the VAT is imposed for sellers in Thailand. Additionally, Thailand must comply with international agreements, which determines the minimum prices for each imported item to ensure the adequacy of customs duties. According to the Customs Department Announcement No. 116/2024, the Director-General of the Customs Department with the approval of the Minister of Finance, therefore, has implemented a temporary measure through the Customs Department to collect Value Added Tax (VAT) for imported goods with a value not exceeding 1,500 baht, effective from July 5 to December 31, 2024.

This is the tax news. From May 2024 onwards, the Thai government plans to introduce a 7% value-added tax (VAT) on all imported goods valued at one baht or more, regardless of their origin. However, imported goods priced below 1,500 THB per parcel will be exempted from this tax initiative to alleviate the burden on smaller transactions

I think you should go into the bank and sort it out. Met someone today who informed that someone had transferred 160000 baht into his account and he does not know who sent it or why. He reported the unknown deposit to the bank and the bank froze his account while they are investigating the issue.

Probably related to those using agents and who do not have enough money to support their stay in Thailand according to the financial requirement rules or they want to be sure that the money is not coming from illegal working in Thailand. It will do away with that type of corruption.

What worry, it takes two minutes to fill in the form.

Immigration has nothing to do with CRS.

If you are in Bangkok you could try selling some of the clothes at those second hand Japanese shops. There is one near Phrakanong BTS and new one opened at the Big C Rama 4 (they assess the products and then make an offer which you can take or leave. They don't pay much though for each item of clothes or shoes but it depends also on what brand the clothes and shoes are) Online could try Baht Sold.

Likewise, they should also kick out all the other nationalities causing trouble, coming here and working illegally, driving drunk killing people and doing whatever they want, they are also not worth the trouble.

Good news.

Nothing to do with any of that how much money one transfers. The banks and financial institutions periodically update their customers/users KYC information which it seems what the OP is all about.

Never going to happen, nowhere in the world does this occur.

Haha questioning the Pattaya Mail article as a reliable source for tax rulings or for important tax info.

He needed to stay out of Thailand for a long time, a lot more than 7 years. I would think in legal and court proceedings it is more complicated than this. Section 95. Prescription In a criminal case, if the offender is not prosecuted and brought to the Court within the following specified periods of time as from the date of the commission of the offence, the prosecution shall he precluded by prescription: Twenty years in case of offences punishable with death, imprisonment for life or imprisonment of twenty years; Fifteen years in case of offences punishable with imprisonment of over seven years but not up to twenty years; Ten years in case of offences punishable with imprisonment of over one year up to seven years; Five years in case of offences punishable with imprisonment of over one month up to one year; One year in the case of offences punishable with imprisonment of one month downwards or other punishment.

Lets do a calc at 1.5% interest rate paid bi annually 800000 baht generates 12000 baht interest for the year. For half the year that is 6000 baht minus 15% tax, so your 6 month net interest paid is 5100 baht. How much interest did they pay out?

How much was your deposit. <1M baht 1.5% interest per annum. >1M baht the interest rate is 0.65% per annum. Looking at BB website for this product it seems to be available only to Thai citizens. Did the bank also withold tax on the interest accrued?

Why not? If it is not profitable then they should close it down. Nothing wrong with them assuming that arriving passengers will use that money in the wider economy inside Thailand. Anyway, always noticed hardly anyone buying stuff in the arrival duty free.

For info. https://www.mayoclinic.org/diseases-conditions/tinnitus/symptoms-causes/syc-20350156

There are many offering this. eg. https://www.harvard.edu/programs/business-administration/ https://www.gsb.stanford.edu/programs/phd https://www.collegeconsensus.com/rankings/best-business-phd/

No need to worry. It will turn up in your bank account eventually.

Do not see anything in that which qualifies him as a tax attorney. ( eg. specific post graduate diploma or masters degree in tax and specifically Thai tax law)

Chana Masala 1 tbsp extra virgin olive oil 1 medium red onion coarsely chopped 4 cloves garlic minced 1 tsp cumin seeds ½ tsp ground coriander ¼ tsp ground ginger or 1 Tbsp minced fresh ginger 1 tsp garam masala 4 cardamom pods lightly crushed 28 ounces whole peeled tomatoes 1 can 1 tsp salt more to taste 1 tbsp cilantro leaves chopped, plus more for garnish ⅛ tsp cayenne pepper add more to taste 1 tsp ground cumin 1 tsp chili powder 30 oz chickpeas, drained and rinsed 2 (15 oz) cans 5 baby red potatoes diced 6 tbsp plain non fat Greek yogurt or coconut milk yogurt

Strange out of all the accounting and tax experts and you tube videos and meetings with RD producing information and booklets and they do not query or ask to clarify this.