Another point - I saw an interview recently where the 'expert' said that TRD is seeking as part of its implementing of a global taxation system, a compulsory bank rule (by the Bank of Thailand) that all banks must report to them any accounts that have 2+ million baht remitted from overseas in any calendar year. That request will go (or has gone) to the Ministry of Finance who if they approve, will then be required to make a change to the Financial Institutions Businesses Act. There is a LOT going on and TRD is very busy - but until they are finished and have all the rules established for the new global taxation system - IMO Expats should carry on as they have for the last 20-30 years.
Disgraceful. All this buildup, but did anyone read this sentence that is buried in the article? Panic, get your babies jabbed. It worked so well before.
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