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Mike Lister

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Everything posted by Mike Lister

  1. I have enough money in Thailand to live on without remitting funds from overseas, my assessable income is zero so I don't need to file a tax return. How do I prove I have paid my taxes?
  2. The forms and instructions are English, suggest you read the link below and click on the links to obtain them..
  3. Are you saying that you personally cannot transfer funds using your mobile app or that the bank has a new policy of stopping all transfers from overseas?
  4. There is no such policy, that's nonsense. I suggest you call the bank or visit a branch to resolve the matter.
  5. Tax avoidance uses legal measures to reduce tax. Tax evasion involves any illegal steps to not pay tax and is a crime. It's a very important distinction.
  6. Tax evasion, not avoidance.
  7. I've removed series of posts that were speculative but portrayed as fact, regarding increased retirement visa costs.
  8. It's a giant leap from the government saying they will adjust visa costs to you saying we may have to bring in an extra 800k Bhat per year. That is scaremongering, please don't repeat it.
  9. Yes Ben, I mean the 190K over age 65 allowance, which may be ridiculous to you but is very important to others.
  10. That may not have been your fault, I think there is an issue with the editor cache at times. Ill report it.
  11. That is correct, as long as the savings and remittances are in line with my post you quoted..
  12. It's 65, suggest you read the link below.
  13. Not correct. Money deposited into a bank account doesn't have to be assessable income, it can be savings of not assessable income. Thai banks are not going to report every remittance to every person, to the Revenue, it would be a mammoth undertaking that was entirely futile. People have to file tax returns on a self assessment basis and declare the funds as assessable or not, the Revenue nor the bank can tax a person, just for receiving a deposit.
  14. There is a special tax allowance for people over age 65 which often puts them outside of Thai tax.
  15. The debate goes beyond that but yes, it does refer to the so called simple tax guide wording which at this stage i very uncertain.,
  16. There is an ongoing debate about Gift Tax that has not decisively concluded, in the thread below, at this time it remains on our list of unknowns/unclear issues.
  17. We agree completely, i have said exactly the same thing in this thread. Somebody asked me if I thought it was likely, my response is that it may happen at some point in the future
  18. Interesting and useful, thank you
  19. I saw that and I'm not having a go at you. Those pieces are puff pieces, designed to give you some information but ultimately to get you to buy their services. If you want to look at what the accountancy and tax firms have to say, PWC, Sherings, Mazars etc, are all basically doing and saying the same things but hardly any of them are actually digging into the Revenue Code. For that part you should look at some of the posts by @Dogmatix who will give you far better insight, mostly because he's not selling anything.
  20. Far too simplistic and generalised. The examiner may state those things but I doubt the Revenue policy makers would agree they are accurate and complete. If you really want to know what the picture looks like, you have to go to the Revenue rules and the legislation, not an English language newspaper.
  21. You could get your TIN now and have the TRD set up your online account, that way you'd never need to go near the Revenue office to file.
  22. Not exactly. Let me ask @JimGant to explain it to you, he can be useful when explaining the US side of things.
  23. It's either this or fix the fence and this seemed easier.
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