Yumthai

Ditto. From now on everyone please do not be contrarian with CM. Health matters first.

You need to take into account not only foreigner residents but also Thai citizens. They may hold tax residences + bank accounts abroad (especially dual nationals) as well, this number could be quite substantial and outweigh foreigners. I've spent extensive time in various TRD offices for corporate tax purposes. 1 on 10 was usually busy with paper stacks all over her desk, the others I'm sure you can imagine how busy they were.

I agree that with CRS implementation TRD will get yearly financial information in an automatic way they didn't get previously. This is possibly millions of records containing FI customers ID, year-end balances and interests/dividends earned information. The primarily purpose of this data collection is to be exchanged with CRS co-signatory jurisdictions. What might TRD further do with that? First identify and extract Thai tax residents (need Immigration data), then compare year to year accounts balances (more or less money provide no clue on transactions), then decide who they want to audit? This is potentially hundreds of thousands audits.

Feel free to ask them then, but you already know the answer ranging from "CRS what?" and blank looks.

Sure they can ask tons of foreign docs, and we can provide genuine or not, that they are eventually unable to check. This question you may ask to OECD. CRS is just a tool among others that cannot in itself combat exhaustively tax evasion.

As you've already been told, CRS reporting yearly provide to each jurisdiction you are tax resident all declared offshore accounts including year-end balances + interests/dividends received. With these little information it's up to your tax jurisdiction(s) to trigger or not a tax audit.

Thailand will just have to follow CRS rules that apply to financial institutions not individuals. They will gather and send CRS reporting containing whatever data sent by Thai FIs that nobody else could check other than Thailand.

Governments made the rules!

Why and how would Thailand combat tax avoidance which is perfectly legal thanks to rules they made on purpose?

It is. Do your homework before clowning further yourself.

The physical location of an individual is totally irrelevant while remitting (wire transfer) from overseas into Thailand. What matters is tax residence status.

Needless to be rich to hold an offshore bank account. For instance, you could just spend a few days in Cambodia to open a (non-CRS) bank account for your wife and use it as intermediary account for gifting. That will just involve few extra transfer fees.

So, instead of wiring directly from abroad to the receiver's Thai account (what would trigger tax for gifter as you imply, I disagree), by just having an extra step transferring money to a receiver's offshore account the gifter can legally avoid (or potentially evade) tax. Ludicrous isn't it? Remittance taxation coupled with generous gifting rules is as inconsistent as unenforceable.

You could go to visit 10 different tax offices and get 10 different answers. The good point is you could select the one that fits you the most.

OK but that proves nothing of what the mix of non-filers is composed of.

I have nothing to prove it's my opinion. You can't prove it either.

The rest is a mix of people who are unaware about tax, are aware but don't care, are aware and have precisely calculated they don't earn enough to file. The last category is IMO by far the least populated.

This shows the limit of remittance taxation. TRD has no practical mean to check the authenticity of foreign supporting documentation.

Thai tax residence rule apply the same for everyone, foreigners and citizens.

If you have been here long enough you should know that each TRD (as Immigration) official has his/her own opinion of the rules too. If you're looking for certainty there is not in Thailand.

Only if you have informed your foreign banks you reside in Thailand. TRD will not get this information from CRS reports. They could get it from your Thai bank accounts if they have access to it, supposedly if there's a suspicion you've committed a crime.

Better to get proper information at source: https://www.oecd-ilibrary.org/docserver/9789264267992-5-en.pdf?expires=1734599893&id=id&accname=guest&checksum=72249184EFD01B2B2D000287B440B2CA General Reporting Requirements 4. the account balance or value (including, in the case of a Cash Value Insurance Contract or Annuity Contract, the Cash Value or surrender value) as of the end of the relevant calendar year or other appropriate reporting period or, if the account was closed during such year or period, the closure of the account; 5. in the case of any Custodial Account: a) the total gross amount of interest, the total gross amount of dividends, and the total gross amount of other income generated with respect to the assets held in the account, in each case paid or credited to the account (or with respect to the account) during the calendar year or other appropriate reporting period; and b) the total gross proceeds from the sale or redemption of Financial Assets paid or credited to the account during the calendar year or other appropriate reporting period with respect to which the Reporting Financial Institution acted as a custodian, broker, nominee, or otherwise as an agent for the Account Holder; 6. in the case of any Depository Account, the total gross amount of interest paid or credited to the account during the calendar year or other appropriate reporting period; and 7. in the case of any account not described in subparagraph A(5) or (6), the total gross amount paid or credited to the Account Holder with respect to the account during the calendar year or other appropriate reporting period with respect to which the Reporting Financial Institution is the obligor or debtor, including the aggregate amount of any redemption payments made to the Account Holder during the calendar year or other appropriate reporting period. Full transactions history is never to be reported.

Wrong. Do some more research about CRS.

You are indeed confused. Here's the Personal Income Tax Return form for 2023 Tax year: https://www.rd.go.th/fileadmin/download/english_form/2023/220367PIT90.pdf Page 2: Less expense (50 percent but not exceeding 100,000 baht) Page 5: Taxpayer (60,000 baht or 120,000 baht, as the case may be) Spouse (60,000 baht if filing jointly or has no income) Child 30,000 baht/person for ........... person(s)

Tax allowances are the same for 2023 and 2024 income. https://www.nishimura.com/en/knowledge/publications/tax-allowances-for-2023-and-2024