i thought of that.
But the problem i see is if one's income is exempt Thai tax income (per DTAs and Royal Decree-18) where can one list the declared exempt income in an exemption list? There is no place for such. Believe me. I looked.
They not only want that, they want you to sign a very specific form with that information.
Don't forget - banks have a massive bureaucracy behind them , and bureaucracies love paperwork.
Greenland is not alone, Trump is losing friends and making enemies fast, Mexico and Canada will be having a trade war with the US and no doubt China will join in, Europe won't sit idly by when Trump starts blustering in their direction, he's already moaning about the trade imbalance with Europe, hey Donny, it's called capitalism, you know, making quality products than Americans like to buy with debt.
Jeeze, man, this ain't rockette seance!
I'd expect this from CRS guy, not you.
Thailand is implementing CRS this year. The banks have to get THEIR records in order. That means all non-Thai customers will have to fill out a form. New customers first, then existing customers.
It's only Kasikorn for now. The other banks will get around to it, eventually, when they get around to it. After all, Thai banks are not known for their efficiency.
Other countries are on different timelines.
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