Hi everyone, I've been in Thailand for 3 years. I'm living off savings, have no income, and have never paid taxes in my home country.

I've been married for over a year and would like to get everything done properly so I don't have any future problems with visas or other matters.

Considering that the tax in my specific case is only the repatriation of money for living, the tax payment is a tiny fraction of what I would have in my home country.

Therefore, to be on the safe side, paying about ~4% in taxes is a luxury.

Well... I applied for a TIN in January, but I haven't filed my tax return yet this year. I'd like to go to the Revenue Department and pay the 2025 remittances. Online, it says there's a penalty of about 2,000 THB + 1.5% per month. That's not a problem, I accept it.

Have any of you had experience with deferred tax payments? What penalties do you face?

Also, last year I opened a local bank account and transferred some money, so I have to declare it along with the other money I spent on living expenses. The problem is that the cash out came from selling cryptocurrencies, which I've lost track of over the years. It's just a collection of transactions; purchases and sales, but I'd never be able to prove the source because so many years have passed and I've been negligent. So my concern is that they'll ask me for a Source of Funds, which I could provide, but without a clear and consistent history.

Nothing to hide; it's just that over the years I've never bothered to track purchases and sales and I've never kept records. I've started doing this now, but looking back, it's a maze...

In this case, what experience have you had with the Revenue Department? When they ask for a Source of Funds, does it have to be impeccable and have zero tolerance, or is there room for maneuver?

You are aware that any savings held before and including 31st December 2023 can be remitted free of tax?

Any interest subsequently earned on those 'savings' and then remitted is potentially taxable.

4 minutes ago, topt said:

Siete consapevoli che eventuali risparmi detenuti prima e compreso il 31 dicembre 2023 possono essere rimessi in franchigia dalle tasse?

Qualsiasi interesse successivamente guadagnato su quei "risparmi" e poi rimesso è potenzialmente tassabile.

Yes, I'm aware of this, but if I can't demonstrate at what price I purchased, I think it all comes down to paying the remittance in full, correct?