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Have you received a CRS (Common Reporting Standard) or FATCA compliance request from your Thai bank, like KBank? 📄 Don’t worry—you’re not alone! These regulations are part of Thailand’s commitment to global financial transparency. In this video, Carl Turner explains everything you need to know to respond confidently and stay compliant. 🔍 What You’ll Learn: ✅ CRS Overview: What is CRS, and why are Thai banks requesting this information? ✅ Step-by-Step Guidance: How to complete CRS/FATCA self-certification forms, including W-9 and W-8BEN. ✅ Key Deadlines: Stay on top of compliance, like KBank’s 20 December 2024 deadline. ✅ Live Q&A: Real-time answers to audience questions. 💡 Stay ahead of these regulatory requirements and avoid penalties! Hit play now to simplify CRS and FATCA compliance. #CRS #FATCA #ThailandBanking #KBank #FinancialTransparency #TaxCompliance #Expats #GlobalFinance #W9 #W8BEN ✅ Timestamps 00:00 Intro 01:56 Agenda 02:19 Disclaimer 03:27 Why have Thai banks requested your tax information 03:39 Understanding Common Reporting Standards CRS 06:21 How do the Revenue Department access your information 07:13 Consequences of not completing the forms 08:56 Reviewing the request from KBank 09:52 Tips and advice 11:22 Who has to complete the forms 12:18 How to complete Form 1.1 FATCA/CRS request 16:46 Explaining tax residency 19:45 Who needs a Thai tax ID 20:34 Definition of taxable income in Thailand 22:32 How to get a Thai tax ID number 23:59 Don't panic 25:01 What if you have not received the request 26:53 Social Security and pension income 28:20 Q&A 1:07:13 Outro 🔔 Need clarity on Thailand’s complex tax system? Subscribe today for valuable insights, expert advice, & all the tools you need to simplify your tax process! / @expattaxthailand #ThaiTaxes #CommonReporting Standards #CRS #fatcatbeats ✅ Important Links to Follow 🔗 Sign Up For Expert Tax Filing Services For Expats In Thailand: https://www.expattaxthailand.com/serv... 📅 Book A 1-On-1 Paid Consulting Call https://calendly.com/expattaxthailand... 📞 Book A Free Consulting Call https://calendly.com/expattaxclientsu... ✅ Stay Connected With Us. 👉 Facebook: https://web.facebook.com/ExpatTaxThai... 👉 Twitter (X): https://x.com/ThaiExpatTax?mx=2 👉 Linkedin: / expat-tax-thailand 👉 Website: https://www.expattaxthailand.com/ 📩 For Business Inquiries: [email protected] ============================= 🎬 WATCH OUR OTHER VIDEOS: 👉Thailand Tax Changes For Expats 2024: New Rules, Filing Guide, And Key Changes Explained • Thailand Tax Changes For Expats 2024: New ... 👉Thailand Tax on Overseas Pensions Explained • Thailand Tax on Overseas Pensions Explained 👉Thailand Tax Guide For Expats 2024: Top Questions Answered On New Tax Rules • Thailand Tax Guide For Expats 2024: Top Qu... ============================= ✅ About Expat Tax Thailand. Welcome to Expat Tax Thailand, the leading destination for expert tax information and filing services tailored for expats living in Thailand. We provide comprehensive guides, updates, and insights to help you confidently navigate Thailand's tax landscape. Whether you're seeking clarity on new regulations or need assistance with tax filing, our expert team is dedicated to simplifying expat tax in Thailand. Stay informed with our latest videos to ensure you're always up-to-date. Follow us & manage your tax affairs efficiently & effectively. Let us be your trusted partner in managing your tax obligations while you focus on enjoying your life in Thailand. For Collaboration and Business inquiries, please use the contact information below: 📩 Email: [email protected] 🔔 Stay ahead on all the latest tax updates in Thailand—Subscribe now for expert advice, comprehensive guides, & everything you need to manage your taxes easily! / @expattaxthailand ================================= ⚠️ DISCLAIMER: The information in this video is for informational purposes only and is not intended as professional tax advice. It provides general guidance on tax matters and should not be the sole basis for making personal tax decisions. Tax situations vary greatly, and tax laws may change. We strongly advise consulting with a qualified tax advisor for your situation. ✖️ Copyright Notice: This video and our YouTube channel contain dialogue, music, and images that are the property of Expat Tax Thailand. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided. © Expat Tax Thailand