Five Years On: WHO Presses China to Share Data on Covid Origins
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113
Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
All international funds transfers, inbound and outbound, are reported to BOT, the banks are BOT's agents in this respect. BOT needs this information to manage the currency, just as any central bank does, Do you really think that information is not shared or capable of being shared. And I also have worked in banking for over a decade plus I've worked for Big 4 for many years also. -
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Buying a Dog
It is not my intention to appear as a troll. I have expanded more to the post ^ -
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
I sincerely doubt that TRD have any - and I mean any - remittances on their computers as we speak. We're talking about million of transfers per week into Thailand from abroad. If you look at CRS reporting, which Thai financial institutions now have implemented, the TRD gets: - End of year balance - Dividends & interest received - Investments (equity, bonds, mutual funds etc.) transactions I've worked in banking for a decade and I know not only my country's system very well: I know the adjacent countrys system as well. As per standard - international incoming or outgoing transfers are not reported to the RD. If the activity is suspicious or if the client is under investigation - it can be requested by the appropriate government agencies. I know of no country where the RD receives the clients incoming and outgoing international transfers on their final tax assessment. Happy to be corrected of which countrys that do. -
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
Scaremongering oh brightest star is when something radical is said that is either untrue, highly improbable or extremely unlikely. You know what KH, you're going back on my ignore list, again. -
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
TRD's job is "To collect all taxes". They can't always see Baht notes changing hands in the market place but they sure as heck can see wire transfers come from overseas, into somebody's account and they need to satisfy themselves as to whether those funds are assessable or not, reported or not.. Which do you think is easier to do, stand in a hot dusty market place watching vendors all day long and keeping a tally of their sales to see if they are reporting their income correctly, or, sitting behind a desk in an air con office with a phone and a printout from BOT showing wire transfers! Give your constant criticisms of my observations a rest and STOP following me, I no longer have any interest in what you think. "most ludicrous", "beyond a joke" ....save your mock shock and horror for the amateur dramatic society, this is a debating and opinion forum so suck it up and get over it!
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