Post by onemore on Aug 17, 2023 8:20:12 GMT 7
About five years ago I opened a bank account in the Philippines to make it easier for me to access money while I am there.
Of course I had to show my passport to prove identification no worries.
I never had much money in the account but I did transfer amounts of $500 to $750 a week from my Aussie account to said account.
Earlier this year I received a message from my bank in Australia notifying me that I needed to lodge a tax return in the Philippines to
inform the goverment there of any interest I earned on the account.
Of course I ignored that because, just because.
You never know.