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A question regarding the dreaded Tax Identification Number saga


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Interest earned in Thai bank accounts is automatically taxed at source regardless of whether the account holder has a Thai Tax Identification Number..  How do the authorities assign this regarding TIN?  

 

Also, all the information does not make it clear regarding the necessity of a TIN for those of us who are here on 'Retirement' Visas, who are not allowed to work in Thailand and hence have no 'income' other than the interest earned in our Thai bank accounts, and who come from a country with a double taxation agreement such as the UK.  Is there anyone out there who can clarify this matter?

 

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