TroubleandGrumpy

You wouldn't !!

You are wrong - twice. ATM transactions are not reportable - because they do not involve a foreign transaction to a foreign bank account. When a foreign country receives transaction reports, they do not get advised every transaction of every person. They only get advised of foreign transfers to a bank account - not payments made using a credit/debit card. You could be in Australia paying for your holiday to Thailand - TRD does not get information. There is no transaction record of ATM withdrawals with the Thai bank to report to TRD. He did not state that at all regarding bringing cash into Thailand - which is definitely taxable. When you do so you are supposed to declare it - plus when you exchange it they will record your Passport. Yes the chances of being 'caught' are slim, but it is definitely not how to avoid income taxes. However, having said that I know of several Thais that regularly travel to Thailand with cash and give it to the family.

I do.

Another one - are you serious mate - sanctimonious statements like that just prove you are wrong IMO. Or at the least that you will not answer genuine questions - because you dont really know. OK - I will ignore your comments from here on out - please do the same.

George - there are two sides to the debate - both are valid. But the EV supporters are far far more evangelical than ICE supporters.

Ditto - my last post to you.

Check out my posted links. Or wait - are you a woke globalist? You will only believe something that is stated by the UN? You know the UN? An organisation that has corrupt totalitarian dictatorship countries on their Human Rights Committee. It was the UN that stated Covid19 was not transmissible from human to human - because China said so. My point being - what are your 'proof' courses? Because there aint none!! Like many things these days, they have become polar debates - this side versus that - and EVs versus ICE is the same. I dont take either side on this matter - I just take the truth - EVs are a false narrative - their downsides are being downplayed and their upsides are being overplayed. There are 3 groups of people on this issue (like so many issues). EV Supporters, ICE Supporters, and those like me that dont take either side. Sitting hgere on the fence I accasionaly drop down to one sidfe or the other, but mainly I sit on the fence. EV firs are real and are being downplayed. Example - EV supporters who dont say EVs do catch fire and uncontrollably burn with toxic smoke etc but that issue is being resolved and over time they will become extremely safe (probably) - they say 'more ICE vehicles burn'.

Not what I said in your quote - but I hear you and understand. Answer me this - if a USA citizen living in Thailand is a tax resident and sells their house in USA and makes a capital gain, will they be liable to pay income taxes on that capital gain to Thailand. Likewise, if a USA citizen living in Thailand receives a lump sum termination payment in USA, will they be liable to pay income taxes on that amount to Thailand. My understanding is that USA Citizens only pay income taxes to USA on money earned in USA - irrespective of where they are living in the world, and that the USA IRS will ensure they are the ones to receive the income taxes and not the 'other' country. Tax credits can be utilised for sure - but good luck with doing that here. That is not the case in a country like Australia which is a Residence based tax system - if I am a tax resident in Thailand and I sell a house or get a lump sum payment, I am liable to pay income taxes to Thailand - if I bring that money into Thailand anytime (now or future). But if Thailand does adopt a worldwide tax system, then I will be liable to pay income taxes to Thailand, whether I bring that money into Thailand or not. That is what is coming next, if they go ahead with it. If I knew about all this in 2012 I would not have decided to retire to Thailand. The Philippines, Malaysia and Indonesia do not tax the overseas money of retired foreigners living in their country. I would have gone there and visited Thailand - for under 180 days a year. We might end up doing that anyway.

My Thai family members all over Thailand have all said the same thing - the tax officers are not selected for speaking English (unlike Immigration Officers). I recall going into a Provincial Transport Office when needing to change Province for my Thai driving license (got in Chiang Mai where they did speak some English), and no one spoke English. When my wife stepped forward and explained it in Thai they understood. When I asked my Wife to ask them if they knew that the writing on both our Thai licenses was in Thai and English - she just laughed. When I asked her to tell them to take out their Thai ID cards and look at the English words - she laughed even louder. When I started to ask about the car license plates, she told me to 'sut up'.

I do believe that TRD can go back 7 years under the tax laws - but it certainly could be 10. Yes - TRD will be receiving data from the banks automatically - plus they can request more details when investigating someone/thing. Every bank that is required to report international transactions will be automatically sending a list of details to those approved countries that received international transfers from them (monthly, quarterly, 6 monthly, yearly - not sure). And yes - in the future TRD can use AI/Software to search through those lists and collate them according to names/etc. Likewise, banks in Thailand are required to provide similar reports to TRD - which can also be collated etc.

Confession noted. Delusions ignored.

Did that already - here it is again. International taxation - Wikipedia And as a bonus List of countries by tax rates - Wikipedia That is it - I did my research to form my opinions going back to October 2023. Do your own research first - dont just read/watch something that you agree with because that is what you want..

It’s Time To Tell The Truth About Electric Cars - Master Investor

Fire Risks Rise as Electric Vehicles Proliferate - IER (instituteforenergyresearch.org) Focus: Ocean shippers playing catch up to electric vehicle fire risk | Reuters It’s Time To Tell The Truth About Electric Cars - Master Investor

Yes it is/was.

Ahh the Evangelicalist has arrived - definitely time for me to leave.

You read the wikipedia article about countries that tax globally? I will leave it at that - about to have dinner and prefer that to your award 🙂

I will point out that the first one was an 'accidental fire' caused by the occupants (does not state what they did to cause the fire - smoking?), and the second fire was a moving (hot) vehicle that the owner was driving (hot). Both were very old ICE cars I believe and who knows what work had been done over the years. I am referring to EV cars that spontaneously ignite while parked and cold - such as on that shiop. Porsche EV battery blamed for ship fire in Mitsui O.S.K. lawsuit - Nikkei Asia Electric Cars Have One Problem: They Keep Lighting People's Houses on Fire (futurism.com) Yes they both burn - but ICE fires can be contained - EV fires cannot be stopped and they are much more toxic too.

I saw a Youtube interview today done 2 days ago with a tax expert - it was a follow up to a previous interview. He stated that Thailand does not receive financial data on ATM withdrawals made from an overseas account (debit or credit cards). They can only get data on transfers made overseas to Thailand banks. The local Thai banks are not capable of detailing which overseas account made each transaction via their ATMs.

What sort of answer is that ?? Come On !!

I will do the lefty thing on this - proof please with verified links. I have seen/read many EV fires, but very few ICE fires. And no ICE fires when the car is parked and 'cold'.

Thanks - much appreciated. See my post above.

Somchai in the local TRD Office is probably not aware. And as someone pointed out already, many TRD Offices do not have training or knowledge on the applicability of DTAs. Business returns are often centralised in Bangkok where the vast majority of DTAs are applied in taxation. As PITs are done in the Provinces usually, then this will be a problem probably.

You should have stayed away - but it is great that I can now disagree with you, prove you wrong (maybe) and not get suspended/banned. I meant Internationally accepted 'rules' as outlined here:- International Tax Rules | TaxEDU Glossary (taxfoundation.org) And as under the OECD that Thailand is trying to join. Taxation - OECD No - USA taxes all its Citizens irrespective of where the income is earned. It is not about type or class. Read it up. Yes it does - the IRS does not easily support other countries taxing its Citizens on the money they make in the USA. Yes there are exceptions made by the IRS, usually for employment based arrangements overseas, but a blanket attack on USA Citizen's money earned in USA by other countries is generally rebuked by the IRS. USA is one of the few countries that imposes taxation based on Citizenship and not on Tax Residency - it does not matter where you live as a USA Citizen and things like their DTAs reflect that. U.S. citizens and resident aliens abroad | Internal Revenue Service (irs.gov)

Some will say you are being negative, but in my experience, you are rightly concerned and there is ample evidence to have those concerns. And the other thing is how much will one of those experienced Thai tax and DTA experts cost for a PIT. If I was not married to a Thai and living in 'our' house, we would have left already - the 180 days from January 1 was up yesterday (29th June).