Thailand Revenue Office

[darrenr]

Just wondering if you are a foreigner living in Thailand with a Thai bank account and earn interest , do the Thai Revenue department report your earnings back to your home countries Tax office (i.e Australian Tax office ).

I know the two countries have treaties for the sharing of information but would the Thai's be bothered to let their Australina counterparts know ?

[maxman71]

I don't know about Aussie, but the there is a bill making its way in the US Congress that would require foreign banks that have US citizen account holders pass on the ID info on those US account holders to the US IRS (US version of the Thai Revenue Office).

Of course that doesn't mean foreign are going to comply willingly if this law is passed.

My take in general is the days of off-shore banking secrecy are becoming a thing of the past.

You should contact an Aussie CPA or tax attorney to get the lowdown on what Aussie is doing in this regard.

[sharecropper]

They certainly don't to the UK. But if there was a major tax investigation into you they could probably eventually get hold of the info.

[deejah]

how about thai income?

thai tax?

etc

do they report to the USA or other countries?

how about when we register our phone number with the network?

(ad nasuem but good to know)