Mike Lister

So you're in good shape it sounds like.

How much is your TEDA?

Yes, I agree.

Money changers must be licensed and must report to BOT, although I don't know at what level, aggregated or detail. I strongly suspect BOT is interested more in volumes but they may allow TRD to access or share the data, if required.

If this thread were to be closed, what should replace it? Gift Tax? Strategies to Reduce/Avoid That Tax? (exists already) Known Outstanding Issues? ( I would like to see this) Feedback from Revenue Contacts (exists but not used) I suspect that may be sufficient, eventually one of them will emerge to be the dominant tax thread. Or maybe, we just close this one and start a Part II thread that is shorter and easier to navigate?

Your comments on the first part are noted and will be considered along with all the others. Expanding the tax guide: I feel we must know our limitations, which I think we may have already exceeded in some areas. The original concept was to give others the basic and core information, but where do you draw the line? We are not attempting to be a competitor to the likes of PWC but we do want to provide answers to the core questions that most will want answers for. Perhaps I would feel differently if other members were to compile sections they had researched but for the most part that hasn't happened, a contribution from a valued member on Gift Tax was perhaps the largest single contribution.

Sensible and practical things many will not even think about

Number 1 sounds a bit drastic, its only 60K you know, the wedding alone will cost you three times that at least. :))

In which case, those people need to make that same calculation, because that's their starting point. Are there ways to increase the TEDA? Is the gap manageable? What are the options?

We'll leave the question open overnight to give more people an opportunity to comment, but thus far it looks unanimous. Perhaps think about what new more focussed threads we ought to initiate.

How large is the gap between your TEDA and the amount you need/want each year to live here?

I think it's been shown yet again that this thread is too long and unwieldy to be of real value, we've reached 300 pages so new commers can't find their way through a quagmire of posts to find much that's useful. My proposal is that we start four or five new threads on specific aspects that we know should be discussed and this one is closed. I appreciate this thread holds sentimental value for some but let's be realistic, it's time has passed. Legal Strategies to Reduce Thai Tax is already up and running, we might start others topics we can agree on......what say you?

I guess the same

Open an either or account with survivor rights, not a plain joint account

Let's not play word games, visa agents and tax agents share the same family tree.

Yes

Buy it's conjecture that has no. Basis and has solid reasons why it won't happen. Other aspects of the debate have some basis in fact.

I cannot sit through every video that is posted to see if there are any parts in English. The forum rules are clear, English language content only. If you feel there are parts that members will value, feel free to summarize them, for their benefit.

Totally agreed, whatifery or conjecture, scaremongering almost.

Indeed there is a feedback thread exactly for that purpose but few people posted.

Your post was disallowed because it violated forum rules, you know this because I have explained it to you. Stop playing the hard done by victim and start to write allowable posts or move on. Written as a Moderator, for the avoidance of doubt.

My error, apologies

Here is a copy of the Forum rules which will allow everyone to to understand what languages are permissible for forum content and what things may be commented upon and what things may not. https://aseannow.com/forum_rules/

It is only your opinion that the tax policy will come into effect, there are still those who think it will be cancelled. It is also only your opinion that people want to discuss enforcement and compliance, nobody else has said they want that.

I think that shows a lack of understanding of Thai economics. Thailand's foreign currency reserves are 15 times greater than the proposed initial cost of the giveaway scheme.