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Cuchulainn

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Everything posted by Cuchulainn

  1. Cuchulainn
    And the yearly interest generated from pre 2024 savings? Apparently, that is taxable, unless the TRD recognises FIFO. That's my hope!!
  2. Cuchulainn
    If using your pink card on hotel check in, instead of passport, will that by-pass the TM30?
  3. Cuchulainn
    We'll know in April when the deadline for submitting tax returns has expired. Will Immigration start asking for tax clearance forms after April for non O extensions? THAT is the question.
  4. Cuchulainn
    Fifo or lifo? Is it up to the RD or the taxpayer to choose? If we can choose fifo, fantastic!! No tax!
  5. Cuchulainn
    The principal (100,000) is not assessable, but apparently the interest accrued is taxable if transferred in 2024. I'm in that boat.
  6. Cuchulainn
    Maybe the new automatic gates will work as well as the online 90 day reporting
  7. Cuchulainn
    As 2024 dawns? Oh well. Don't let me stop you.
  8. Cuchulainn
    No <deleted>, Sherlock!
  9. Cuchulainn
    There is a very good service in Chamchuri Sq. Did everything for my pink card. Translation and courier to MFA. B1,500, if I recall correctly. However, I had to go myself to my embassy to get passport authentication letter before anything else. Sunida (?) or Sutida (?) was the company name. We found it in a google search
  10. Cuchulainn
    No assessable income (see above comments, as my savings are pre 2024), but will immigration accept no submission of tax documents when applying for a yearly extension? Like the TM30,sometimes they ask, sometimes they don't!!
  11. Cuchulainn
    Ok, many thanks to all. I will look further into FIFO. Do I still have to file a tax return? I know you will all probably shout NO, but when it comes to visa extension renewal, immigration may ask for proof of tax returns or even some proof of liaison with the TRD
  12. Cuchulainn
    If I can live off the remitted interest alone ( and maybe dip into the principal now and again), then I could live tax free for years. Maybe till the end of my days!!
  13. Cuchulainn
    Yes, I have. Statements as far back as 2011
  14. Cuchulainn
    Thanks Jim. I read that article in the BKK Post. That seems to only pertain to shares and not principal in an account. Can FIFO be applied to funds in an account?
  15. Cuchulainn
    That is exactly what it is. Money from deceased parents' wills. Even so, that won't hide the fact that interest was generated on the pre 2024 principal and was remitted this year.
  16. Cuchulainn
    Just as an afterthought (or brainfart, in my case!), who's to say the remitted money from pre 2024 account wasn't the 2024 interest, but the principal from 2023??
  17. Cuchulainn
    ^^ Thank you CM
  18. Cuchulainn
    May I ask a question? If remitted overseas savings (pre 1st January 2024) are classified as non assessable income (i.e. no tax to be paid), what about the 2024 accrued interest from that tax exempt account? Is the remitted 2024 interest assessable income? Or, as part and parcel of the pre 2024 account, non assessable? Thank you
  19. Cuchulainn
    Abolish the draconian 90 day reporting nonsense and send the 90 day staff at CW to help at the airport. Or is that too sensible?🤣
  20. Cuchulainn
    ^^ If immigration starts sticking its nose in?
  21. Cuchulainn
    Let's see what Immigration says next year when we apply for our annual extensions. Will they be bothered with extra paperwork, or rub their hands in glee at more hurdles for us to jump over?
  22. Cuchulainn
    Wonder if he did his 90 days reporting
  23. Cuchulainn
    I'd like to ask a quick question if I may. When filing taxes, I believe everyone filing taxes is allowed a personal deduction of B60,000. My question is about the other deduction of B100,000 (labelled ''expenses''). Is this 100k deduction only for salaries/employment income, or is it for everyone filing taxes (as well as the 60k)? Is everyone allowed to deduct 60k + 100k (total 160k)? Many thanks
  24. Cuchulainn
    The TM6 arrival card was useless. As "occupation", I have written..... Stunt pilot Lion tamer Voodoo priest Halal pork butcher Acrobat ....among many others. Imm officer at BKK never batted an eyelid
  25. Cuchulainn
    To be honest if the amphur is easy- going....get it. If they want blood, forget it!

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