Dakhar

The same could be said for a lot of things, but oddly enough those "minutes" seem to be unsurmountable. 

(For example traffic fines)

1 hour ago, Celsius said:

Simple. Earn income in Thai baht. 

 

This is why I chose an educated woman and not a bargirl. Extra 100,000b a month is a nice addition with no exchange rate worries.

Working girls are making more than 100k

But I digress, me personally, I am the provider....  That's the way I prefer things.

Being sought after as a "tax target" to pay for a debt that foriengers didn't create or have anything to do with is anoying.

One can't really make roots in Thailand as foriengers are in a state of continuous "tax limbo" as the government schemes of ways to dig deeper into their "guests" pockets. 

Franky, the juice isn't worth the squeeze anymore.

Can I wash my wife's car?

10 hours ago, Cameroni said:

Best to download all the porn you can. Judging by the general climate it'll all be made illegal in the not too distant future. England already introduced some age check provision, Denmark and even Holland changed their laws. Feminist in the white house soon maybe, and they all hate porn.

 

I'm not taking any chances, everything's going to hard drive.

Illegal 

Until it can be taxed

Chiangmai Hospital, a little south of 9k baht.

Sorry, no help for BKK

Thailand, where infidelity isn't a "choice," it's a tradition.

I was denied an LTR wealthy pensioner visa, as my income was not accepted as "passive."

I am a member of an American LLC. Under American tax rules LLC income is not deemed as a salary nor as dividends. The income is called "distributions," & for whatever reason, this has caused my LTR denial by the BOI.

3 hours ago, steven100 said:

Get a stick and whack the dog to send it on it's way.  When the owner returns from work corner him and tell him his dog is biting people and needs to be either put down or locked at home. 

Then see what he says and does .....   

This type of dog doesn't fear a simple stick, a baseball bat might suffice, but don't miss as one swing is probably the only chance you will get.  

On 8/23/2024 at 7:41 PM, ukrules said:

 

Nobody's taxing you on 5k of cash.

 

But lets say you bought large amounts of cash in on a regular basis and went to one of the surrounding countries twice a week for a year and then attempted to change it all into Baht - how are you going to do that without raising an eyebrow?

When you change money they ask for your passport for a reason and it all goes into a computer.
 

I knew a couple of guys who were successfully attempting to convert a lot of illicit funds from GBP into Euro in England until the day when they were confronted about all their other transactions at diffferent branches around the region - it's all tracked, and this was more than 15 years ago.

At this point it becomes laundering and tax evasion which is highly illegal and something to be avoided at all costs.

 

I don't think Hong Kong asks for your passport when you exchange money 

Ozempic

On 5/20/2024 at 10:24 AM, Banana7 said:

That form is very confusing. At the top it says Personal Income Tax Return for taxpayer with only income from employment
under Section 40 (1) of the Revenue Code Only

 

But in section A it wants you to enter "Salaries, wages, pensions etc. (Plus exempted income from 5.)"

Pensions are not income from employment.

 

Are there multiple versions of the Thai Personal Income Tax Return forms? I am retired , not employed.

I am an LLC member, money from the LLC isn't considered a salary/wage/dividend 

Under USA laws the money is called "distributions." I have no idea what to claim the money is in Thailand.

The data has been collected by the "toy" industry. That data does not follow the proposed narrative posted by the op. 

The industry collects that data in order to assist in making product design decisions etc. (best sellers/best selling sizes)

99 years

75% ownership 

Tax on foreign earned income

= Hard Pass

LOS?

4 hours ago, Pib said:

Although as you noted above that LLC distributions can be classified as  "ordinary, passive, or other income" it appears BOI has decided your particular LLC distributions fall in the ordinary/salary income bucket.   Guess it all depends on the details of the LLC distribution since  there are different types of LLC distributions.  

 

You might want to see if you can find any IRS language/rules that classify your particular LLC distributions as passive income and then go back to BOI with a memo explaining such and ask for reconsideration.

 

 

https://carta.com/learn/startups/private-companies/llc/distributions/

 

The LLC is a 50/50 split partnership. My tax forms unfortunately categorized my income as non-passive on Form E.

Due to that, I was denied. It is all rather annoying as it seems an LLC is really an enigma.

Good luck

9 hours ago, Pib said:

 

For a LTR Pensioner visa I expect it would be considered unearned/passive income which is fine; it just can not be earned income such as salary/wages.

 

 

 

 

Thanks for the reply, unfortunately, my application was denied due to the LLC "distributions" being considered by the BOI as being non-passive.

I guess from now on, I get the privilege of dealing with accountants & hoping the DTA will cover me.