CharlesHolzhauer

You're welcome. In addition to my suggestion, do not and I repeat do not remit the monetary gift to yourself. It is imperative you make the remittance from your overseas account to your wife's bank account in Thailand.

I personally doubt your strategy will work. You may wish to consider a slight modification to your plan. 1. Consider deposit 400k or 800k THB in a term-deposit account, allowing it to accrue interest. A term deposit typically offers higher interest rates compared to a regular savings account. 2. Remit money annually from your overseas account as a gift to your wife's account, with the intention of making this a tax-compliant gift. By legally gifting the money, you can make the argument that the funds belong to your wife, not yourself, which could help manage any tax liabilities. 3. An affidavit from you witnessed by your lawyer would serve as a legal document that declares the money you’re remitting is a gift to your wife. This document could be used as proof in case of any tax audits or legal inquiries. Specifying a purpose, like a marriage anniversary, birthday, purchase of a new car or land/house can add more clarity to the gift's intent. 4. Optional if you can afford it. Follow the Personal Income Tax (PIT) guidelines and remit a minimal amount of money to your own bank account (THB 600K). If you are 65 and married you won't be liable for any taxes. This method may help avoid unnecessary scrutiny or tax liabilities enforcing that you monetary gift to your wife is genuine. 5. Since withdrawing large sums of cash via ATMs may attract attention from tax authorities or create complications, I would recommend to avoid this unless absolutely necessary, as it can be a gray area in terms of tax obligations.

Yes it is. The best to my knowledge, some countries already have systems in place that require individuals to demonstrate tax compliance as part of the visa or visa extension application process and is likely to become more common as governments streamline tax and immigration policies. My main concern is the discriminatory approach Thailand has taken regarding tax issues for the relatively new Long-Term Residency (LTR) Visa, compared to existing retirees (over 65) on the one-year visa extension. I personally believe that all retirees over 65 on the visa extension, as well as married couples, should also be included in the current LTR tax scheme.

Neither in your country nor anywhere else.

Ask not what Thailand can do for you — ask what you can do for Thailand - [plagiarized and suitably modified].

There is a distinct difference between a tax resident and a non-immigrant.

I would greatly appreciate it if you refrain from hijacking my responses to other posters.

How so?

Your ignorance of the Thai tax laws is moderately understandable, but your arrogance may eventually come back to bite you.

Mate, you have nothing, absolutely nothing to worry about! Enjoy the rest of your retirement.

My query wasn't directed to you!

I would not confuse, for example, traffic laws with tax laws.

An agreement called Common Reporting Standards which is adopted by many countries.

Such as? I am all ears.

...and after a 'dump' wipe off our proverbial behind, all that and more while on a Non-Immigrant visa.

Don't bet on it!

Will the inhabitants of Koh Chang approve? Is the road system passable, and are the parking facilities adequate to accommodate the sudden influx of vehicles?

I feel compelled to set the record straight. None of the more intelligent participants in the tax-related threads have been "chasing their tails." Instead, they have spent considerable time and energy successfully finding answers, which has been a source of frustration for the naysayers from the beginning. Mike Lister, Dogmatix, and many others did not leave the tax discussions for the speculative reasons you suggest. The educated and level-headed participants in these threads have a solid understanding of the current situation and are tired of dealing with individuals who engage in chest-pounding and ego-driven behavior, only to spread their own misguided notions. Mike, in particular, has patiently responded to and rebutted every misinterpretation, which some of the less-informed individuals, i.e., the "losers," have turned into personal attacks. I certainly don't blame Mike and the other well-informed contributors for no longer participating in the tax-related discussions.

To the best of my knowledge, the recently introduced tax rule by the TRD taxes foreign tax residents (and Thais) on remitted funds only, and I am not aware of any other 'tax enforcement'.

So are most other posts in this and other tax related threads. Your quoted phrase is meaningless and is riddled with ambiguities.

This is hilarious. Thailand is the Shangri-la for the disadvantaged, underprivileged and riffraff.

What type of pipe and connectors are you using for linking the LPG cylinder and cooker? It can become problematic if the LPG cylinder and/or valve have not been regularly inspected or tested properly.

Gotta respect them receptacles containing flammable products.

This one is not: https://www.rd.go.th/english/index-eng.html

Underestimating Thai officialdom by feeling superior—thinking 'I am smarter than everyone else and can beat the system'—usually leads to a predictable outcome.