Foreign applicants for Thai bank accounts facing new crackdown – Pattaya Mail
Immigration police are investigating hundreds of fake SIM cards used in bank crimes. Foreigners looking to open a Thai account face additional hurdles starting Monday, February 17th. BAHT) can find difficulties. Popular and connected institutions such as Jomtien-based Tik Tok have advised on social media that they cannot help open bank accounts for foreign customers […]
Now China wants its tax share for overseas income but not pensions – Pattaya Mail
China's tax policy on overseas assets targets the ultra-wealthy. Thailand is not alone in collecting taxes on financial resources held overseas. The Straits Times reports on China's crackdown on foreign investments, including cryptocurrencies, offshore banking, and shares in international companies in Hong Kong and the United States. Peter Li of Zhong Lum Law Firm commented […]