Thai tax and SuperRich

[FlorC]

Has anyone asked green and orange Superrich if they are sharing information of

currency exchanges with foreigners with the Thai tax office ?

 

Or has Thai tax office ordered them to see exchanges in 2024 ?

 

I can't reach them by email and have no phone.

 

Follow up question : Which are the best currency exchanges in Chiang Mai/Lampang ? (no banks !)

Thanks

 

 

[TheAppletons]

The paranoia runs deep here.

 

Best exchange in CM is probably Mr. Pierre.

 

https://mrpierre-exchange.com/

[Etaoin Shrdlu]

Licensed money exchanges require presentation of either Thai ID card or passport if a foreigner. I think the info goes to the Bank of Thailand's database, but would likely be available to the RD.

[anrcaccount]

31 minutes ago, Etaoin Shrdlu said:

Licensed money exchanges require presentation of either Thai ID card or passport if a foreigner. I think the info goes to the Bank of Thailand's database, but would likely be available to the RD.

 

Not arguing with this.

 

However, there's no evidence the TRD actually looks into any currency exchange transactions, then tries to match them to a tax resident, then in turn to any return that that resident may or may not have filed.

 

 

 

[Etaoin Shrdlu]

2 hours ago, anrcaccount said:

 

Not arguing with this.

 

However, there's no evidence the TRD actually looks into any currency exchange transactions, then tries to match them to a tax resident, then in turn to any return that that resident may or may not have filed.

 

 

 

A more likely scenario would be one in which someone is audited for some other reason and the RD performs a query on the BoT database(s).