The Cyclist

I can safely say, that up to this point in time, I have never gave my foreign TIN ( National Insurance Number ) to any entity in Thailand. 3 X Thai bank accounts opened over a decade ago with only a passport, rental agreement and some cash. I dont have an official reference, and I am not going hunting through the OECD website looking for one. Every other CRS Country requires foreign income to be declared, certainly the UK, Aus, NZ, Canada. And as the EOCD set the rules for CRS, it would be logical that it would be applied to all Countries that are in CRS.

And that is the kicker. It is not about trying to get blood out of a stone. It is about complying with an International Agreement.

That is the bold headline. The real info is down with the nuts and bolts and how you achieve it.

3 simply questions people need to ask themselves. 1. Is the Royal Decree of 31 March 2023, followed by the issuance of 2 x POR's a coincidence ? 2. Is Thailand, as a part of CRS, responsible for ensuring that Foreign income remitted to Thailand is. A. Tax Complaint. B. Not engaged in Tax Evasion How are they going to achieve that, and by what method ? 3. Given the mis-information, lies, people apparently acting illegally, numerous media articles, that are all wrong, over the last 12 - 14 months. Why has the DG of the RD not issued a statement stamping on it ?

Bingo Which might just be why Overseas Income will need to be declared, and also to ensure that is 1. Not engaged in Tax Evasion 2. Tax Compliant.

Instead of repeating yourself like a stuck record. Explain how Thailand can ensure Overseas Income remitted to Thailand is 1. Not engaged in Tax Evasion 2. Is Tax Compliant. Without that income being reported ? Yes, I am fully aware of the data file once a year. ( To be of any use, it would need to be cross referenced with something else ) That does not cover points 1 & 2 above, and neither is point 1 & 2 above it the remit of banks. That would be the remit of the Revenue Department.

Too many people are looking at this from the wrong angle. This is not about Thailand trying to screw a few baht out of retiree expats in Income Tax. This is about Thailand filling its obligations under an International Agreement ( CRS )to ensure that foreign funds remitted into Thailand are. 1. Not engaged in Tax Evasion. 2. Are Tax Compliant. IE, that the appropriate taxes have been paid in the Source Country. The only way Thailand can comply with that obligation, is for all Tax Residents to declare their remitted overseas income. Showing where it comes from, showing tax paid ( If applicable ) and whether it also falls under a DTA ( Where it might then fall under Thailands Domestic Tax Policy ) A further point on this. The terms " Assessable " and " Non-Assessable " do not apply here. They are words that pertain to Thailand's Domestic Tax Policy, and do not apply to an International Agreement ( CRS )

Are you remitting tens of millions of Baht every year ? If the answer is no, then you are worrying needlessly. TEDA's available in thailand, against tax already paid in the UK, means that you will pay nothing, or very little.

And Kung Fu fighter Mike Amesbury , like a slimy, slippery creature, has pled guilty, rather going to Court next week. If It was me, I would be telling him to ram his guilty plea and get his **** in Court. Sorry, I got my dates mixed up, its the " Cut their throats " Labour guy that's up in Court next week.

I don't know him or the guy from Expattax But they are both hiding in plain sight, and I think if they were acting illegally, they would have been arrested. Whether they live in Thailand, I do not know, but they both represent companies that are registered in Thaialnd.

I wonder why such a high profile individual has not been arrested ? Did Mr Hart in one of his ranty videos not say that Carden was an IRS Agent ?

Immigration halted for a minimum of 5 years. Channel hoppers relocated to the Falkland Islands, with a tent and a sleeping bag. No, we are moaning because it is not being done.

And what has the above got to do with Yet again, Royal Decree dated 31 March 2023, will allow Thailand ( without any new Laws, pending legislation, or farts in space ) to implement whatever is required to comply with CRS, rules and regulations. Which was in response to your stupidity, about New Laws and pending laws ?

Yet again, Royal Decree dated 31 March 2023, will allow Thailand ( without any new Laws, pending legislation, or farts in space ) to implement whatever is required to comply with CRS, rules and regulations. I can appreciate that some people do not want to hear that. That is the reality of signing up to International Agreements.

Despite all the goings on over this issue, for the last 18 months. It says it all, when the Revenue Department (;The actual tax people ) have said nothing. Impossible that they cannot know, via the media etc, what is going on, but have flat out refused to say a dicky bird, to quash all the lies that are being perpetrated in the media, online and elsewhere. The silence from Embassies is also rather telling.

The UK main tax return, SA 100, Check box 5 ( if you have foreign income ) and complete SA 106. Yes, it is a supplementary, to list your foreign income, taxes paid overseas and list any DTA's that you wish to utilise.

Every tax resident foreigner in the UK, that has Foreign Income needs to file an SA 106.

You will need to come with something better than wiki. Neither, just someone who is aware of how International Treaties work So how does your Wiki link answer this ? A Revenue Department ( Other Tax Authority name ) obligation, not a bank obligation. And here is another for one for you to contemplate. 3 Thai bank accounts, not one of them have an individual tax identifier ( NINO ) for me. Going even further, there is not a single Thai entity that has my NINO. You, and others, keep believing that changes will not be happening.

Actually, no I haven't, and because you keep saying it does not make it true. How can tax evasion and tax compliance under CRS be carried out without reporting income sources ? Low value accounts in Thailand becoming reportable from 01 Jan 2024. Guessswork and a cross my heart, hope to die, I am telling the truth does not work for International Agreements

archived yes, according to website it was first used in 2018 / 19 tax year. https://www.gov.uk/government/publications/self-assessment-foreign-sa106#full-publication-update-history Up until April 2018 it was just a form. From April 2019 it became the SA 106

Another sad individual that does not understand or comprehend that an International agreement, not only trumps Thai domestic law ( including Thai Tax Law ) but takes precedent over it. That International Agreement is called CRS Thailand signed up to that, with the publication of the Royal decree on 31 March 2023. No new laws, or changes to any laws are required. It was done and dusted with the publication of the Royal Decree. Just like DTA's ( International Agreements ) Trump and take precedent over Thai Domestic tax Law. Perhaps Thailand will come to understand that signing up to it wasn't such a great idea after all, and withdraw from it, but until such times as that it does, it will comply with CRS. And part of that is having Foreign Income declared, to ensure tax compliance and no engagement in tax evasion. Hence the UK's SA106 and all the other forms that CRS Countries use.

Current forms being the operative words. You still cannot see beyond Thailand. Despite me spelling it out and providing the forms. The UK joined CRS in 2017. SA106 Foreign Income tax form was introduced for UK tax year 2018 -19. Thailand joined CRS in 2023 Foreign income forms will follow. Go around the rest of the CRS Countries and check out what " Foreign Income " forms that they introduced after joining CRS But, hey. You go right ahead and believe that Thailand will not be doing the same.

No, I do not know your personal circumstances. I do know that someone on a UK State Pension will probably pay nothing in Thai tax. I also know that monies already taxed will be subject to tax credits. I also know that people on a large number of Pensions with pay nothing As will people on US SS. There are probably a whole load of others. So no, in the main, I don't see many that will pay any tax in Thailand and it will be nothing more than a paper exercise. Why people are getting so vexed about a paper exercise, I have no idea. And just to cheer you up. The UK joined CRS in 2107. The SA106 Foreign Income form was added for tax year 2018 - 19.

Sure, I try my hardest to stay off Thai roads after dark O'Clock, but it guarantees nothing. We can all hope for the best health wise, and continue to plan ahead, that doesn't mean that life can 't or wont kick us in the nuts at any time.

You would need to argue that point with the RD 1. Exemption Method 2. Tax Credit Method. https://www.rd.go.th/english/23520.html