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stat

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Everything posted by stat

  1. Worst part of German history. What troubles me as a German is that the Germans do not understand that national socialism and left socialism are very similar and lead to the same problems as they both stress the collective over the individual.
  2. In Germany everyone who is not pro Asylum and pro taxes is a right wing extremist. Joe Biden would be considered a hard right extremist here...
  3. This a concept 90% of the folks do not understand 😉 Congrats and thanks for the info!
  4. I can confirm that counter withdrawal works with BKK Bank and Krungsri (Only MC free of charge). Check with cc company if they add a fee for counter withdrawal, in my case there was no additional charge.
  5. There will be no clear statement like ww income not remitted to TH is not exempted by the RD.
  6. The easiest way to prove 183 days outside of AUS or GER is to show the passport stamps of another country which you no longer have 😉 I agree in most cases you get an entry stamp from another country but in the case of an EU citizen you do not get an entry stamp for entering any EU country.
  7. I see eye to eye with Ben here, there is at least the risk that ww income could become taxable if not remitted for LTR holders if ww taxation came into place. As usual there will be no explanation or warning from BOI or TRD for the LTR visa holders and they COULD start enforcing years after ww taxation comes into place and then go back several years.
  8. The big downside is that you can no longer prove how long you stayed in Thailand to the IRS in your home country, but otherwise a big plus I agree. Not sure if IRS would accept a boarding pass proving when you left.
  9. Thanks for the explanation! So Thai Immigration is OK that I do not get an exit stamp at all? Are IOs not utterly confused if one arrives again in TH without an exit stamp? Thanks!
  10. Can you please elaborate how to use the e-gates? Do you get an exit stamp? Thanks! "Foreigners with ordinary passports and children and the disabled, although holding e-passports, must still go through manned immigration gates." from a newspaper.
  11. Now I have another reason for a second passport (of the same country in my case)
  12. Is it always the case that one can use the priority lane for 200 Baht? Thanks!
  13. The problem is that the main idea to have an LTR for me is to not pay tax. But in order to get an LTR I should pay tax in another country (need for tax statement) while I do not have to pay taxes if I do not realize the cap gains in the first place. In my case I can cross the threshold just with dividends but again they do not show on a tax statement because it is either withholding tax or dealt by the (German) banks directly.
  14. Anyone north of 500K or 1M USD should get an LTR without any hassle but I know TiT ...
  15. Thanks for your post! There will be no pension and no pension letter in my case just passive income in the form of dividends and cap gains. I can trigger cap gains whenever I want just by selling some positions hence my idea of showing the last 12 months with 2 months of 80K plus income and the other months like 8K a month. There more I think about it they would not let even Elon Musk get a wealthy pensioner LTR, as he has no pension and no steady income stream. 🙂
  16. Thx! I though it was 2 years financial data? There will be no income tax statement I can provide where cap gains show. I will go for wealthy pensioner LTR. Even if stay 2 years in TH before I cannot provide an income tax statement as cap gains are not taxable if not remitted TiT...
  17. https://www.pattayamail.com/latestnews/news/pattaya-tax-lawyer-pensioners-worries-and-overseas-transmitted-income-480825 "For example, whether use of foreign credit cards in Thailand is remitted income or not is still much debated." Do not shoot the messenger...
  18. While I hate statist government you are wrong on this one. Actually the government workers are worse off because their pension is taxed in their home country which usually has higher taxes then TH. The main concern was to keep as much tax in the home country while drafting the DTA. Example Germany: Pensioner living in TH would be tax tax free (if not remitted or no one cares even if remitted) but as GER reserves the right to tax the pension the pernsioner pays the very high German tax. Ergo Pensioner are worse off but the (home) state is better off.
  19. Thanks for the replies! I cannot provide an income tax return as cap gains in General do not turn up on tax statements in Germany as they are handled directly by the bank. In addition the idea is to not pay taxes on cap gains and either being in TH or an other country without cap gains when cap gains arise 😉 But as always this is Thailand. Even when in TH for 2 years before applying one cannot provide the needed docs for LTR in the case of cap gains as those gains are currently not taxable when not transmitted 🙂
  20. Did someone manage to get an LTR with the following documents and timeline Nov-Dec old year: Proof of passive income 80K capital gains from brokerage Jan-Feb next year: Proof of passive income 80K capital gains from brokerage and then applied in March for an LTR? I know they do not really like capital gains but for all I understand they are likely to accept it. There will be no tax return docs in this timeline. Thanks!
  21. DTAs are a difficult beast in every aspect... If possible make a dry run and test by only transmitting a small percentage of your penion and see how your taxes are calculated/accepted by TRD.
  22. Thx for your post! There is no help for some people who do not want to understand even if it es explained to them by several others 😉
  23. There is no one here (me included) who can understand DTAs sufficient enough. A lot of the laws stipulated in a DTA are opaque at best. Every good lawyer or consultant will tell you this. Remember: "If you are not completely confused by quantum mechanics, you do not understand it"
  24. You still have to pay German withholding tax on German dividend income in the form of 26.375% instead of 15% if you have a tax certificate. The withholding tax even applies if you never in your life sat foot into Germany. The US simply accepts the w8 Ben form and you get the 15% rate. But Germany being the tax <deleted>show it is, they want a tax certificate otherwise you pay 26.375%. The reimbursement process take 2-4 years to top it off. That is why I want the tax certificate. Maybe there will be some improvements in the future regarding the issuance of TINs (online?) and tax certificates.
  25. Thanks for your answer! Same here, my tax liability is zero for the year but I need the damm tax certificate. I can prove the 180 days in Thailand via 90 day reports and my passport. The German IRS demands a tax certificate and does not accept to my understanding the passport stamps. This is what is written in the german tax law to my understanding. However I am not sure if there is no other way to get Germany to accept my tax residence in TH as TRD makes such a fuss about a simple statement that I was longer then 180 days in TH. All the tax agencies I contacted make a big fuss about the fact that I should prove that the amount I transfered is income etc and are not willing to accept so far a simple statement that it is pure income. Cost for this tax certificate 35.000 Baht and above and I am not even sure they manage to obtain it in the end and even if get it it is not certain that I get the tax rebate from German IRS. NB: I am not in TH, otherwise I could handle all the stuff myself I suppose. It is my understanding that I can hand in a thai tax declaration 3 years later i.e. March 2026 latest.
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