Not an expert , but reading all the replies , a summary might be ...
# no tax on gifts , 20 m Bt to wife or kids ( must be legally married ) or 10 m Bt anyone else , per year .
note - to avoid confusion at the tax office , better to transfer directly to the beneficiary , rather than to your own account , then the recipient .
That's an interesting interpretation. Not one I expected, but one I would be happy to see.
I suspect most of use with trading accounts that are a mix of cash and equities, have a 31-Dec-2023 record as the total value (cash + share price at close business 31-Dec-2023) of our savings. I believe this and all subsequent trading / cash records then need to be kept, if desired to show subsequent remittances to Thailand came from the pre-1-Jan-2024 amount..
Thais take real pride in their appearance, especially the women, but sadly this pride doesn't seem to extend to oral hygiene.
You can tell when one of them has been eating som tum - you can smell em a mile away!
regards,
Elvis.
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