falang07

Did anyone manage to get the Thai price for the ticket (30 baht) with a Thai driving license? I keep being refused by the soldiers and every time must pay the racist price of 80 baht.

You are terribly wrong, if the banking system collapses, gold will only profit.

I suppose this will be available later, let's hope not much later

Pretty cheap compared to some other countries.

In Cambodia, it is $20 for 30 days, and it is a real visa on arrival, even at the land borders. So yes, it is way overpriced.

Many thanks for all the valuable inputs. I am going to make a bank account abroad, send the dividends in December, and wire them from that personal account in January to a Thai bank account to fulfill the requirements. All should be OK this way, I hope

But I speak here of a Thai resident and citizen, not US one.

The country where this company is incorporated has no withholding tax for dividends paid to non-residents, i.e. also Thais. It means the only tax paid will be the company tax. This double taxation of dividends in most of the countries in the world is sick anyway, along with the VAT and many other double taxation systems.

I call silly the requirement to make a bank account abroad just for this reason. If they do not plan to tax it then why this silly requirement, I do not get it.

Yes, these dividends are from a foreign company not operating in Thailand, just this company has a Thai shareholder who, as it seems, might receive the dividends tax-free (which, after all, is nothing special, many countries do not tax dividends since they were taxed already by the company paying them out). Just this silly requirement to wire it to Thailand in the next year means they need to setup a personal account for the shareholder abroad.

I was doing this online before, any Myanmar travel agency was able to do it, no need to go to Bangkok and wait there in a queue.

OK, so the Thai shareholder needs to travel abroad, make a bank account in there, receive the dividends to this foreign account by 31 December and wire them to Thailand on 1 January or later, and no tax applies, Is it correct?

I bought gold for EUR a few years ago, the price is now almost double. Gold will be gold, even if the banks go bankrupt, or if the governments buy them back by printing more paper called money. Until they can print gold, I trust it more than I trust the politicians and banks.

So not full 12 months, just the next calendar year? And by earned is meant when the company earned it, or does it need to be first wired to a foreign account of the shareholder, and only then to Thailand in the next calendar year?

Hello, I was not able to find out the proper procedure for avoiding the tax from dividends paid from abroad. It is supposed to be tax-free if remitted to Thailand after more than 12 months since it was earned. Now my question is, do these 12 months start counting from the time it was earned by the company paying the dividends, or from the time it was paid to the Thai shareholder? If the later one applies, this would mean the Thai shareholder needs to have a bank account opened abroad and keep the payment in there for at least 12 months. Any suggestions where to do it easily, perhaps even online (Paypal, Moneybookers, etc.?)? Thank you very much for your input.

It is quite hard to believe, imagine he would have found out about the theft before they landed, or even after they landed, but before they passed the immigration check. This would be very risky for the thief just to get some laptop or iPod, the consequences could be serious for him.

Well, I would say it looks nice but you can build much cheaper from concrete, and do not have to worry about fire.

I would rather keep some gold than the toilet paper called fiat money at the moment, and especially later on, as the crisis will advance in the more fierce stage.

No one knows?

I bought for 29,400 directly from Eva Air, not so "shocking fares" I would say...

I was afraid it was possible for the real father, too, so now I am quite relieved

So the 12 months period is counting from the time the money arrive on her private account, not the time it was earned by the company she is shareholder of?

HSBC has quite poor interest rates, though

http://www.expat.hsbc.com/1/2/hsbc-expat/products/savings-accounts/interest-rates

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The money needs to stay at least 12 months abroad before being imported into Thailand. "last year" is not enough.

OK, so 12 month is the key then, thanks for pointing this out. So for example, if the foreign company receives a payment of €10,000 on 15th January 2012, then she can receive €10,000 after 15th January 2013, right?

This is a foreign (EU) company, not Thai. It will be sent directly from the company's account in EU to her Thai bank account.

I am saying that she will be one of the shareholders, why should it be a problem? I suppose any shareholder has the right to receive dividends. I just need to know if this is tax-free in Thailand if remitted in the following year, dividends are paid from profit that was already taxed.