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156
K bank E-mail with Tax Forms attached ?
Well I just phoned kbanks call centre about this.As I suspected they did not have an email for me. Their agent recommended I went to a KBANK branch soon as it is required for all to fill in these forms.I could not obtain a Thai TIN earlier the tax office told me to come back at the end of the year with a bank statement for 2024.So I plan to go tomorrow with my UK N I number and UTR.To the best of my knowledge I am tax resident in Thailand hopefully after explaining this they will give me something to allow the tax office to issue a TIN. -
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Question about extending visa before renewing passport
Moving to the Thai Visas forum. -
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What is this...?
The reason is simply that ALL Thai embassies and consulates are moving to the eVisa system, a process that has been in progress since quite a few years already. After other nearby Thai embassies (Hanoi, Phnom Penh) and consulates (Ho Chi Minh City) switched over to eVisa, the writing for the ones in Laos was on the wall. You don't pay cash, you pay online when you apply. You are supposed to be located in the country where your application is being processed throughout the duration of the application process. The multi-entry Non-O visa has been on its way out and isn't available via the eVisa system anywhere. So yes, they're clearly trying to push people who live in Thailand long-term towards getting 1-year extensions from immigration within Thailand. -
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IMPORTANT NOTICE FROM THAI EMBASSY VIENTIANE
As stated in the letter it's slower. But in practice it will probably be very similar to what it is now, based on the reports from other countries, and from my own personal experiences. -
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Question about extending visa before renewing passport
I did a border run to Cambodia on the 11th and have a 60 day stamp, but I'm almost out of pages so I need to mail it in for renewal. My question is, how soon can I go to Immigration to get the 30 day extension after arriving, and will it have any adverse effect on the passport renewal process? I'm American, so I'm mailing to the American embassy, and have already completed all the forms and requirements, but I'm now considering getting a 30 day extension so as to give me maximum cushion for processing time, but I'm wondering if it could cause a problem either at immigration or in the passport renewal process? Any advice is greatly appreciated. Thank you. -
638
Thailand's Expats Urged to Register with TRD for Tax, Says Expert
E-mail received today from Expat Tax: Make of it what you will. As part of our Tax Alert Service, we’re committed to keeping you informed of important developments. Today, we’ve received reports that Kasikorn Bank (KBank) has started issuing emails requesting compliance information. We expect other Thai banks to make similar requests in the coming months. These requests include details related to the Common Reporting Standard (CRS), a global framework for sharing tax residency information and FATCA (for US citizens). This marks the first time many of us have seen CRS-specific information being requested in Thailand, so we want to ensure you’re fully informed. What Does This Mean? KBank is complying with global regulations under CRS and FATCA to ensure tax residency details are accurately reported: For Americans: FATCA requires banks to report account details to US tax authorities. For Non-Americans: CRS requires tax residency information to be shared with international tax authorities to prevent tax evasion. Why Are They Being Sent Out? In 2020, Thailand joined the CRS agreement, committing Thai banks to request tax residency information from their customers. This is standard procedure and not unique to you—KBank happens to be among the first to implement it. Under CRS rules, banks must: Confirm the tax residency of all account holders. Identify connections to other countries for tax purposes. Share financial account details with local tax authorities, who may exchange the information internationally if needed. This ensures overseas income and assets are declared in the relevant country. While this may feel new in Thailand, it’s already standard practice in many other countries. Note that switching banks won’t avoid this, as all Thai banks are required to comply with CRS regulations. What Should You Do? Stay calm—there’s no rush. You have until 20th December 2024 to complete and email the forms. It’s usually easier to email them to the address provided by the bank, rather than visiting a branch.- 1
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638
Thailand's Expats Urged to Register with TRD for Tax, Says Expert
Not everyone is going to be happy that there might be an answer to the questions that have been batted backwards and forwards for the past year, especially if it's a different set of answers from what they expected. Expect accusations of being in the employ of the TRD, the tax consultancies or the devil himself....it was to be expected. My wish is that none of you pay Thai tax and that none of you make the wrong decision about filing a return or not, inevitably there will be those who make the wrong choice, sadly. -
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Where To Buy Crown Royal Canadian Whiskey In Thailand
unfortunately I can not but I do recall seeing it in upscale hotel bars
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Popular in The Pub
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