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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed


webfact

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34 minutes ago, smedly said:

so are they going to instruct banks to add tax to all foreign transfers and expect us to claim it back

This is what disturbs me being tax-exempt via LTR Visa.

 

There should be no withholding for taxes on foreign transfers. Especially when taxes were previously withheld by the issuing foreign country, ie., USA. Unless Thai banks are specifically directed NOT to withhold taxes from such Thai bank account holders, such withholding would be unlawful, ie. violation of a royal promulgation. Will the new "law and order" government care?

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