koolkarl

Why doesn't the government publish exactly how they calculate this rate? And are the components exactly the same as prior reports? There is incredible inflation in Thailand and deflation is needed to get prices back to where they were originally.

As of last month, Thailand is an active member of OECD and the CRS agreement in place with many countries. They have to adhere to the OECD standards which means anyone who resides in Thailand more than 180 days a year is a tax resident and will eventually have to file a tax return here reporting their world income. They will likely do this in stages. But if you have to file a tax return here eventually, they should make you a legal immigrant and provide healthcare, etc. Otherwise you pay and get nothing. As for myself, adios Thailand. I will spend my money elsewhere.

Proof is out that Israel did not bomb that hospital. If it would snow in Miami, they would blame Israel for that too. I can't stand ignorance. https://www.zerohedge.com/news/2023-10-18/who-struck-hospital-gaza

Then start with a proper, honest election if that is possible.

The appointed dictator is manipulating the sheep to set them up for total government tracking of them forever. Don't you just love politicians who want to always screw you while you pay them?

You can complain or make jokes till you are blue in the face. All a waste of time. Thaksin and friends just continue to laugh at everyone...

Instead drop the 300 baht tourist fee and give free health insurance.

CRS agreement is at the top of the list. All Thai residents who have a Singapore bank account will now have their total assets and annual income in Singapore, automatically reported to the Thai tax department and visa versa. This is done each year. Start packing.

Likely called covid and it is ironic that the 5 fold increase in cases coincides with hordes of Chinese here again.

They can take their anger out on Hamas. Israelis are the effect, not the cause.

Just read where a young, unarmed Israeli girl was stripped down to her panties, raped and paraded around Gaza. If Gaza was leveled, it would be deserved.

As long as the Thai people do nothing other than complain on social media, these appointed guys will do whatever they want to with impunity.

The appointed dictator has spoken and so Thailand is on its way to be completely cashless in time. Along with CRS agreements already active with most countries, the world has become a much smaller place thanks to Obama who started all of this CRS business. I always dream if I could become a US congressman....

If you believe this figure, then you like believe in the tooth fairy. Inflation is more like 10% per annum here for years. Thai interest are so low that the baht should be 100 to the dollar. All manipulated.

Wake up. This scheme is just a teaser to get people used to a cashless country which it will become soon enough. Then your friendly politicians will have completed total control over you and your money if it is within an OECD CRS country.. Thailand now has active CRS agreements with just about every country including Cypress, China and Cayman Islands. Time to look elsewhere.

Still clear as mud. They don't mention the most important thing which is the automatic exchange of asset and income info yearly between members of this OECD CRS agreement.

Not a hope if Thailand proceeds with its proposed taxes and income and asset info swap with members of OECD.

Covid cases, with new variants, will likely be soaring. And many can't wait to get to the front doors of Central Festival...

So much for central bank independence.

The Thai people got ripped off with Pita being eliminated and now they are seeing what a joke their justice system really is. Yet the people do nothing and so the politicians laugh all the way to Switzerland.

The CRA agreement between Australia and Thailand is now activated which means if you stay here more than 180 days a year, you are liable for tax in Thailand. The Thai tax department will automatically get your financial info from Aussy gov. Suggest to go to another country.

I am. And you are astute.

It isn't proposed but a fact and has been in the works for years. It is an income and asset cooperating agreement between Thailand and most other countries and this info is updated yearly. The information goes both ways. If you reside in Thailand more than 180 days a year, you will be liable for tax on your world income and Thai tax authorities will know about it. So start packing.

A convicted felon as an advisor to an appointed dictator. Christine Legarde, also a convicted felon, will soon advise Macron.

Starting this year, Thailand is now part of the international income and asset reporting agreement. Your assets and income from outside Thailand will be reported to Thai authorities yearly and visa versa. Thailand is finished.