Yumthai

So you're implying remittances forwarded to construction companies (within X days?), car dealers and by extension any Thai company dissociated from the remitter would be -illegally- considered non assessable income by TRD since beneficial for Thai economy. Interesting. I think TRD will not start screening bank accounts remittances and ask questions more than they ever did before, simply because they are not capable or willing to deal with all multiple and inconsistent tax and country DTAs rules plus foreign documentation they can't check.

Then that's a false statement as you can't provide a proof of residence. In that case why not randomly picking up any of the countries in the list. In real who cares as nobody will check or ask for a proof.

How much % do you assess people who remit undeclared several millions -truly tax-exempted or not- to buy property in Thailand will be likely to be audited? That's a bunch of people (Thais and foreigners alike).

You have the right to have your opinion. It reminds me all those naysayers in the 90's castigating about Internet.

Wider your perspective and do your homework. Bitcoin is certainly not meant to replace Fiat currencies for daily payments, other blockchain technologies are/will be much more efficient for that use.

The fact that you don't understand the utility of Bitcoin does not make it useless.

You surely be more successful adding same-gender services.

Taxes are targeted to the middle-class complying sheep. People who are wealthy enough to invest substantial money somehow do not pay taxes. That is so obvious for them it's unnecessary to mention it.

You can't provide a TIN if you don't pay tax. That's what I told my EU bank filling their FATCA CRS self-certification form, and they are very fine with that.

You're underestimating the weight of the informal economy that remains totally untaxed. There's certainly a substantial number of Thais that should pay taxes all income considered but don't (declare).

In absolute more Thais are eligible to pay taxes than foreigners.

Yes Thais don't worry about taxes, it's a farang hobby.

That is a wet dream. If there is one single report of average Joe foreigner being audited and penalized because he's remitted few millions THB to buy a property or just maintain his lifestyle in Thailand, a massive exodus of these middle to high spenders residents is to be expected.

Writing rules and speaking out loud is easy.

TRD has never checked in the past if remitted money was earned or not during the same year. It's unreal to think they're gonna now magically be able and willing to check the tax assessibility (knowing perfectly all tax exemptions/DTAs) of all foreign remittances of their (millions of) tax residents.