retarius

Totally stupid. But I ordered some stuff from the US a few months back. It was packed and sent in mid April and at the end of May I gave it up for lost. Anyway, I went away on vacation for a few days and the pack arrived at home. Now I put the value of the stuff as $150 and I have to assume it arrived here in Thailand after May1st when they started collecting the VAT on all parcels. The people riding our house told us that the mail people didn't ask us to pay any tax or VAT. So it arrived and they never collected a nickel. 

Why don't other nationalities say no Thai pilots in US, EU or elsewhere? Or do they?

48 minutes ago, JBChiangRai said:

It’s not a scam, until it is.

 

They don’t have regulatory approval to operate in Thailand, they get round that by not having a presence here.

 

WR Life does not exist in Thailand. Your money (minus the agent’s commission) goes offshore somewhere.

How do you know this? Their website claims the exact opposite. Indeed they give the number of their registrations on the website. 

To OP,

Why did you leave when the large Scottish lady told you to? Were you in a kiddies pool or something? If you were in an adult pool and not fiddling with the kids (obviously) then why did you even consider leaving? 

On 5/19/2024 at 4:39 PM, tgw said:

 

We already know Chamberlain's politics didn't work.

Your way of thinking is flawed.

Bowing to Ruzzian aggression just to avoid a war with Ruzzia weakens Europe even more, China will have a stronger position versus EU weaklings than vs. EU doing the right thing now.
Ruzzia-Iran-China is an axis of evil with currently one aggressive member, one contained member and one for-the-moment-silent partner "without limits".

Ruzzia vs. Europe

China vs. USA

and

Iran as a sh*t-stirrer

 

You say "Asian countries" as if they were homogenous and all on the same economic and societal development level as Europe.

China is a member of the axis of evil and North Korea is an associate member. Many other Asian countries aren't democratic in the first place, such as Myanmar, Thailand, Vietnam, Cambodia and a couple others I forgot, some have enough trouble at home, such as Taiwan and others aren't significant in terms of military and finances. Others aren't economically developed and busy with themselves such as India, Philippines, Indonesia.

 

Let's look at two developed, democratic major Asian countries : Japan and South Korea - both support Ukraine.

 

Dangerous stupid thinking. The Chamberlain example is way overworked and is not the root of this conflict as you well know.

Let's hope they are as well trained as the infantry units being sent to the front. 

Sorry I am tired of reading such stories.

I would blame to kid for stalling in the centre lane; and stupid parent have stupid kids I guess. Speeding Beemer drivers probably aiming to improve the gene pool by killing off the stupid ones. Not too many roadworthy vehicles stall while you are driving them. Why aren't the police all over the parents?????

Did the boy have a back light that was operational? You know, to alert the driver of the speeding BMW?

Although being fair, the road seems well lit and I guess it is difficult to know if the Beemer rammed him from the rear. 

Why did he drive into the centre lane when the BMW was coming up so fast....did he even look before he changed lanes?

God, I hate Disney. As a parent I never took them to DisneyWorld or DisneyLand. When they grew older and became junkies they threatened to sue me for ruining their entire childhood; and for them developing the habits they did. Don't you people understand Disney = Woke and Woke = Disney? Keep will clear of them and don't allow your kids anywhere near their theme parks, movies or merch. 

Next month's forecast: Tourism to hit 2.4 trillion, falls a tiny bit short of goal. 

Probably a good idea....but Thai's competence doesn't seem to include long term thinking. If I were Thai I would be worried that all those thieving politicians would be right near my money and very likely to steal it, then we'd find out years too late to be able to do anything about it, whereas the thieves will be out on appeal for the rest of their lives. 

No first hand experience, but I have several friends who have met girls in bars and had long successful relationships. My belief is that if you treat pretty much any woman well, you can have a good relationship. Sadly a lot of aging foreigners have Neanderthal standards when it comes to having loving relationships. 

RIP. A nasty reminder that Thai roads are dangerous for motorbikers.

Didn't the government extend the hours recently to 4am? Or did they change their minds like with cannabis? I don't get out much and certainly not into the wee hours.

I'm sure Iran would appreciate some nukes 🙂

2 hours ago, NoDisplayName said:

 

Okay..............let's say I have $75,000 "disallowed" exemptions and exclusions available in the US.

 

That's currently about ฿2,750,000 assessable income.

 

300,001 to 500,000	10
500,001 to 750,000	15
750,001 to 1,000,000	20
1,000,001 to 2,000,000	25
2,000,001 to 5,000,000	30

 

Sure, I'll get a few deductions according to the Thai tax code, but I'd probably be looking at an ANNUAL tax bill of ฿500,000.  Just an estimate, I'll do more precise calculations later.

 

It would be cheaper to buy a condo in Cambodia, commute every other month between there and the homestead in Issan.  But then I'd have to ask.........why?  We'll just sell the house here and move elsewhere.

 

And............no more O-visa extensions in Thailand.

 

 

You sound very angry. People often make bad decisions when they are angry. By all means buy a condo in Cambodia, it isn't going to hurt Thailand any, because you don't contribute anyway, and leave the homestead in Isaan to rot. And trying to sell a house in Isaan is no picnic....if you built a house on land you bought, it's likely worth less than what you spent on it. It is a common mistake people make here thinking that house prices appreciate all the time like back home. 15000 baht isn't a huge amount of money to someone a canny as you are, after all you pay no tax in the US, only make huge unrealised gains in the stock market....are you Donald Trump?

2 minutes ago, Sheryl said:

 

You are not required to file taxes if you have no assessable income/owe no tax, or are not tax resident in Thailand (exception being if you earned income in Thailand).

 

 

Yes and yes. (I do the same as you re #3).

 

 

IF the proposed change to the law goes through, and IF it applies to non-Thai citizens, then yes you could be taxed here on income paid out of a 401K or similar instrument. Possible exception being if you can establish the funds are from earnings prior to becoming a Thai tax resident but that is beyond my pay grade.

 

Regarding your last point, the Common Reportiung System (CRS), which Thailand recently joined, is designed to share such inofrmation.  While there may be soem gaps now, can expect the system to be tightened in the near future. I would not count on income abroad being unknown to Thai tax authorities.

 

Thanks Sheryl. I was not aware of the CRS.

The catch for me is that until I do my taxes in the US for 2024 which I will do in October 2025, I won't know if I will owe taxes in Thailand, or how much....and it would depend on the taxation at marginal rates. Thailand seems to be higher in the middle brackets where it would be 28% in the US but up to 35% in Thailand the same (36 vs 35%) at the higher end.

It seems the easiest and safest for me, given that I earn nothing in Thailand is to stay out of the country for 185-6 days per year. 

Scumbag Aussie. 

A few simple questions:

1) I have read that the tax liability in Thailand is only on folk who 'stay over 180 days'. Does anyone know what the Thai tax department means when it says this ie does it mean that if you stay 181 days you have to file taxes with them and if you stay 180 days you do not have to? I have decided to avoid tax residency and to spend 180 or more days outside of Thailand each year. 

2) I have taxes deducted at source from bank accounts etc that pay interest. I currently deduct any taxes on interest earned from my US taxes and don't bother claiming the tax back here in Thailand. Will I still be able to do this? 

3) If I pay tax here on my worldwide income, will I be able to deduct the taxes I pay in Thailand from my US taxes under US/Thailand DTA rules? 

4) Some US retirement savings plans eg 401Ks allow you to put cash into a plan untaxed and pay taxes on the funds when you withdraw them after retirement. Would such income be taxed in Thailand? 

5) Much of Thailand's plan depends on them being able to coerce 'platforms' in other nations (and that they currently might not do any exchange business with) into telling them each year how much certain clients are earning. This sounds a bit like FACTA. I'm not sure that all US banks and financial companies are going to contact all of their customers to check whether they are Thai tax residents, and then 'informing' on their customers to Thai tax authorities. I have an idea that not many Thai banks comply with FACTA since the only bank that will accept SS payments in Bangkok Bank, kinda implying that other banks don't have enough US business to turn their business upside down to fill in annual reports for another government. Anyone in the know about this?

If anyone has any info please let me know.

Sounds like a con trick by Glaxo owner of the HPV vaccine. 

I think it is a hedgehog bite, which looks similar to a tachap bite.