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topt

Advanced Member
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Everything posted by topt

  1. OK thanks I must have got it wrong. The kbiz part triggered a false memory.
  2. Please explain? Seems to be just another warning not to sideload which they are steaming ahead to stop anyway with recent moves. Also quite amusing as Google Playstore has had numerous examples of apps with malware on them before they eventually kicked them out...... Most vpn apps for android will be downloaded from their Playstore anyway......
  3. Have you fallen foul of the Kasikorn web access closure reported on here - except people were allowed to move to the business version and hence the url mentioned? It was mentioned in one or more threads to do with Kasikorn recently.
  4. And I read something the other day that he had a big short but has now closed or deregistered his hedge fund..... Anybody interested and following would be aware of the many commentators suggesting it is over egged for some months so you are a little late with the commentary......
  5. https://thailand.go.th/issue-focus-detail/007_057 its actually point 3 in the above link. No idea why the quote makes it 1 below......
  6. Probably not for much longer...........
  7. It could be......... Simplistically initially ignore whatever has happened to it in your home or source country. If you remit money it is potentially taxable but depends on the source of those funds, allowances, DTA's etc. Eg. US social security is only taxable in the US, UK civil service pensions only in the UK. Savings from pre 1/1/24 (and that definition is still cloudy 555) are not assessable. If it is still unclear I would recommend reading the first page or 2 of this thread -
  8. To answer your question sometimes it cannot be avoided. I am non resident for tax in the UK but still have to pay tax on some UK earnings........irrespective of my tax residency elsewhere.
  9. If you are referring to the change made that started with remittances from 1/1/24 - IE no longer being able to send income in the following year after earning without paying any tax then you are either living in denial or being argumentative......(that was trying to be polite). It has been well published and discussed ad nauseam. The law itself was not changed but one clause in the tax code was reinterpreted or whatever you want to call it and it did not need to be published in the Royal Gazette. Or perhaps you think Sherrings got this all wrong....... https://sherrings.com/foreign-source-income-personal-tax-thailand.html
  10. Like so many things here. Unless the TRD start to enforce in a very big way or you come to their attention then I suggest it is highly unlikely they would bother. And, as I think someone else posted, the penalty (as long as no tax is due) is only 2000 baht. Guess it depends if you call that "heavy" .......
  11. A completely impractical solution if you mean along its complete length
  12. Was argued ad nauseam in some of the previous very long tax threads. As I basically said in my earlier reply nobody knows 100% and chances are you would not have any issues. TIT and up to you
  13. Are you Thai and if not what exactly do you mean by a "Thai ID card"?
  14. Used to be a charge for local transfers as well. That only stopped about 8/9 years ago IIRC? Were you transferring using a bank app or another way?
  15. I wonder how long the red will stay that bright - especially when you look at the red and white markings next to it.
  16. If they did I don't think we would be having all these issues regularly reported on here. Certainly many UK pension providers seem averse to this although there are signs it is changing.
  17. SCG Ceramics PCL, a main Mitsubishi dealer to name but 2 recent ones.......big enough for you..........
  18. Was this written with a straight face....... We all see this every day at most junctions and if anything it seems to be getting worse here in Pattaya
  19. My guess would be that may have been too late and it was not transferred until today. Weekends are always potentially tricky for this sort of thing. However this is all guesswork. The only way to know for sure is to ask for the detail from your sending bank - if not your bank then your tenant/agent would have to ask. My other guess would be that it turns up tomorrow at some point........ PS - and it is also possible that your bank sent it but it went via a correspondent bank and they held onto it over the weekend........
  20. Sorry I don't understand. Depending on the amount the Thai bank will credit it normally the day it arrives - if a working day and within banking hours but YMMV and it could be the following day especially if it arrives late in the afternoon. Depending on which Thai bank above a certain sizes of transfer the bank may ring you to check first before crediting.
  21. Please show me a reference from the TRD or a Thai politician which shows that the emphasis is on taxing expats..........rather than just foreign remittances...........
  22. Do you realise how silly that sounds when applied to Thailand.......... What about personal Line accounts used to send invoices etc.......Had that from a number of different companies.........
  23. If you mean how many days from when you send it from abroad to arriving in your Thai account - no.
  24. No change so current rules stand . Verdict from whom? Most of the tax 'advisory businesses' will say it is a remittance and depending on source of funds may or may not be taxable. In practice you could argue how would they find out and unless you find yourself a target for a tax audit for some reason I wouldn't disagree. However if you want a definitive opinion you would have to go and do a tax return and ask that office whether to include it "Remittance outdated" - Most of us are hoping they don't make the move from remittance based to world wide taxation as that would be a potential game changer for some.

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