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Posted (edited)
19 minutes ago, OJAS said:

 

So basically a souped-up version of the attached self-certification form which my UK bank required me to complete back in 2016, then.

 

I had something similar to fill in earlier this year wity two different Canadian financial institutions.

 

I simply replied with the truth in the form that  they had me fill out (which they accepted), which was my Pink-ID # (same number is on the Yellow Book) might become my Tax-ID, with the written caveat that my Thai TIN is not yet activated (there is lots of room in the form to succinctly add that detail).

 

I confirmed that information PRIOR with a phone chat with the Thailand Revenue Department (Phuket branch) who noted I did not qualify for a Thai TIN (despite my spending >180 days/year in Thailand as I was not bringing money into Thailand and because I had no Thai income).   The RD official advised that my Pink-ID # "might" become my 'online Thai tax-ID' ONLY AFTER it was activated as such. But the Phuket branch RD official advised I did not qualify for such a Thai TIN to be activated at present time.

 

This is all 100% legal and it is the truth.

 

The two Canadian financial institutions were more than happy to receive that information.

Edited by oldcpu
Posted
50 minutes ago, scottiejohn said:

Where in either this new link or the previous one does it state, as you previously posted;

"Every foreigner with a Thai bank account will get the forms soon, unless they have opened an account recently and have already filled them in"?

Stop making up scaremongering statements unless you can provide and highlight an ACCURATE source!

Give it a rest Scottie, it's very clear that everyone is going to get one, just as UK expats did when the UK joined.

  • Sad 1
Posted
1 hour ago, chiang mai said:

Give it a rest Scottie, it's very clear that everyone is going to get one, just as UK expats did when the UK joined.

No! You give up that the following statement is true;

Where in either this new link or the previous one does it state, as you previously posted;

"Every foreigner with a Thai bank account will get the forms soon, unless they have opened an account recently and have already filled them in"?

Stop making up scaremongering statements unless you can provide and highlight an ACCURATE source!

Posted
1 hour ago, chiang mai said:

Give it a rest Scottie, it's very clear that everyone is going to get one, just as UK expats did when the UK joined.

When are you going to give it a rest and either provide proof of your statement or admit you made it up!

Posted
3 minutes ago, scottiejohn said:

When are you going to give it a rest and either provide proof of your statement or admit you made it up!

Perhaps you may want to have a read of the attached link - you could start at page 21 if you like.

Whilst it may not quote the statement you seem to be obsessed about it will show the clear intent and what all Thai financial entities are supposed to do if they haven't done already.

 

Timescales and action are always more fluid here but similar is likely to happen for all those Thai entities that fall under the scope outlined.

https://www.rd.go.th/fileadmin/user_upload/FATCA_File/crs/Thailand_CRS_Guidance_180823_VF.pdf

 

My UK offshore account has been asking me about TINS for Thailand for many years as they have me with a Thai address......

 

 

  • Like 1
Posted
18 minutes ago, scottiejohn said:

No! You give up that the following statement is true;

Where in either this new link or the previous one does it state, as you previously posted;

"Every foreigner with a Thai bank account will get the forms soon, unless they have opened an account recently and have already filled them in"?

Stop making up scaremongering statements unless you can provide and highlight an ACCURATE source!

 

16 minutes ago, scottiejohn said:

When are you going to give it a rest and either provide proof of your statement or admit you made it up!

I didn't post that, another poster did, I haven't posted anything on this subject.....you need to take a nice lay down in a dark room.

  • Sad 1
Posted (edited)

If all foreigners who reside in Thailand > 180 days are to be assigned tax IDs, then the local provincial RD offices need to be educated  on this. Because that is not their view. Their view is more complex.

Some of us, who reside in Thailand greater than 180 days applied for Thai TIN and we were refused a Thai TIN. I am one of those.

So perhaps it is more accurate to add some qualifications on that statement that all tax resident foreigners will get a Thai TIN, because currently that is not the view of some provincial RD offices.

These offices claim its more complex than such blanket statements.

Yes .. this could change, but then let's make that clear too ..ie a blanket tax ID is not required for all at present ( albeit tax ID is definitely required for some to many) and not make non verified statements that this will definitely change.  Rather qualify such statements with the facts. That is what the Thai RD try to do.

I think we all ( who reside > 180 days) need to both wait and see, while also evaluating our own situation relative to the need to get a tax ID as news becomes more clear.

Edited by oldcpu
Posted
Quote

Every foreigner with a Thai bank account will get the forms soon, unless they have opened an account recently and have already filled them in

 

Sounds like what happened with the implementation of FATCA, when banks had to have new customers ascertain whether or not they were Yanks. This was back in 2015, and the banks were supposed to then go back to pre-2015 customers and get their bonafides. This was not an option -- Thailand had entered into an agreement, and thus their banks had to fall in line.

 

I don't know if the banks had to survey all farangs, or just those with indications of being a Yank (you know, handsome, good teeth, large bank account). I had had a Bangkok Bank account from well before 2015 -- and never got a survey (maybe that missing front tooth). Or, maybe because I hadn't updated my new email address.....

 

Anyway, this new survey going on -- obviously at the behest of the Thai govt, not just KBank -- is due to the recent signing on by Thailand with CRS. That they're rolling up FATCA folks too might mean they were told to complete some unfinished business. Dunno. Maybe I should expect an email soon from Bangkok Bank, tho I still haven't updated my email address. No matter -- and no big deal -- unless your international financial data is suspect....

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