Everything posted by KhunHeineken
-
Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
We all know the Thai government, and their various departments, like to work in the "grey area" particularly where farang are involved. We might start to see the flow of information in a few months. Also, I would not be surprised if the Thai government tweak this policy, more than once, in the near future, Just too much easy money, either legit or otherwise, from easy targets, to walk away. .
-
Would You Believe It?
Are you thinking of a monitor? If so, I mean your actual TV, what you watch movies, sports etc on. Does the AIO have a HDMI port?
-
Oz $ losing so much value to the Baht
If people really wanted change, why didn't they vote for it? It would have given Shorten a mandate to "correct" Australia's housing market. Who is going to be brave enough to go to an election with it after seeing what happened to Shorten? https://www.theguardian.com/australia-news/2024/oct/15/negative-gearing-proposal-albanese-government-unions-nsw There's a good video clip in the above article. She explains it quite well, with some sarcasm.
-
Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
This seems to be the point of some debate on the forum. You know your remittances are not assessable income, but the TRD does not. This simple fact prompted many, including myself, to post that a Tax Clearance Certificate may very well be needed at extension time. This would force foreigners to get a TIN, file, declare their non assessable funds / remittances, be issued the certificate, and it's done, or, pay tax. The debate appears to be about "self assessment." One way of thinking is, my funds are not assessable, so no need to file. The other way of thinking is, I need to file in order to inform the TRD that my funds are not assessable. To date, mixed messages from government and professionals. Time will tell if we ALL have to file, or only those who want to file. Note I said "want" as opposed to "should," It's for this reason I have said without any collection and enforcement, this is no tax policy at all. Time will tell how this unfolds.
-
Double Taxation Avoidance Agreement (DTAA) between Thailand and Australia
I said "in many cases" and not "in YOUR case" or "all cases." Merely pointed out that the word "pension" is very broadly used to describe any regular payment once retired. Not every single retiree will receive a "pension" but some may still call it a "pension" because that's what they believe it to be, however, it may be a different financial product. https://moneysmart.gov.au/retirement-income/annuities#:~:text=An annuity%2C also known as,sure about your future income.
-
Avoid to pay tax
He must put on a great party at the US Embassy for visiting politicians.
-
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
You can pay over $0.60AUD per kilowatt in Australia during peak hours, but the electricity providers are charging obscene money for "supply fee." That's a daily fee you must pay just to be able to have electricity connected to your property. Do you have this in Germany. Australia went from being a country with one of the cheapest electricity prices in the world, to a country with one of the most expensive electricity prices in the world, and Australia has an abundance of coal and gas. The cost of electricity because so expensive it impacted the manufacturing industry to the point it was not viable for many factories to continue. Australia has experienced electricity shortages in recent times, and they predict gas shortages in the near future. It's a disgrace.
-
Would You Believe It?
I'm interested to know what happened to it. I'm wondering what would happen if you got a HDMI cable and plugged it into your TV and powered it up.
-
2025 stock favorites
There are no "profits" until it's sold. Profits can not be released without selling. Do you agree, or disagree? Which proves the point I am making. To "make the money" you have to "cash in" but after casing in, you need another roof over your head and you will be buying back into a market that is most likely at the top, because that's why you sold. Not withstanding moving location or downsizing. Once again, this is a time based factor. Over the long term, I accept what you say. Over the short term, many have lost, for many different reasons. Another member who disagreed with me posted a graph for the US that actually proved my point on two occasions. I remember during the GFC you could buy a house in many cities in America for next to nothing. You can only go up from there, but how about we discuss the thousands of people that sold. Did they get to see any "increase in value?" No one said it was a problem. It just takes more of the profits from the sale of the "roof over your head" property.
-
world wide income taxation update
Some examples?
-
world wide income taxation update
So am I. Actually, do everyone a favor and put me on ignore. That way, you do not disrupt the threads I post on for others with your trolling.
-
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Can be worse than what's happening in Australia in relation to energy. Australia has vast gas reserves, and in fact, is a major exporter of gas, yet Australia is looking at having to import gas. It will most likely be our own gas that we buy back.
-
Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
I agree. This has been the source of a lot of debate in the Australia Pension thread. Members just saw the word "pension" in the DTA and jumped to the conclusion that it is tax exempt in Australia and Thailand. Article 19 sets out only "government service pensions" are included in the DTA, and the aged pension is not a government service pension. Yes, she will get a war widows pension.
-
What's behind the rapid rise of Members-Only option on YouTube?
Yes, I know.
-
2025 stock favorites
Capital growth rate, compared to the interest rate, would be vital if that was one's strategy.
-
2025 stock favorites
"Unless you are inside trading, then land & RE are never losers" - YOUR words, not mine. Property is not like stock. One example is say a worker is transferred by their employer and has to sell. They may take a loss on the sale. They really don't have a chance to "sell smartly." They need the equity from the sale to buy in a new location. There are many other examples where not everyone makes money on property.
-
2025 stock favorites
One could downsize and take some profit, but for those already in a downsized property, what you describe is correct.
-
Medicare v Private Health Insurance - Different strategies - Are you covered?
Not pretty, and the same across the nation. https://www.9news.com.au/national/nsw-emergency-departments-ambulances-still-struggling-to-meet-targets-report-finds/48575660-d42f-4758-9da6-a5a0a14440a7
-
2025 stock favorites
Realizing a profit from the roof over one's head only ever happens when you sell the roof over your head, then, you have to buy back into the same market. It's not always a good idea to flip a property that you have been living in, just because it's gone up in value.
-
2025 stock favorites
History has proven proven property increases in value over the long term. The same can not be said for stock. Some stocks go to worthless, and the company goes bust, and is dissolved. Not the same same as property.
-
What's behind the rapid rise of Members-Only option on YouTube?
You are the one who mentioned the UN. I do not like the fact that the UN gets some of my tax money. They do nothing except press conferences say how they "condemn this and condemn that" without ever taking any action. Getting back on topic, perhaps a youtuber could make a video clip on the UN's failure as an organization.
-
What's behind the rapid rise of Members-Only option on YouTube?
The UN not doing much for the Ukrainians and Palestinians, are they?
-
What's behind the rapid rise of Members-Only option on YouTube?
What's the UN ever done for you????
-
Avoid to pay tax
You don't pay VAT?
-
Oz $ losing so much value to the Baht
I agree. However, Australian's had their chance to vote for Bill Shorten and a winding back of negative gearing. Shorten basically lost an election he could lose. Even if you didn't like Shorten, the policy to wind back negative gearing was appropriate. In the last couple of years, people are calling change, but too late. They had their change and voted against it. No political party will go to an election on a negative gearing change in the foreseeable future. Seems like too many Aussies are on the negative gearing gravy train, and it's making for a very unequal Australian society. Something will have to give eventually, and it isn't going to be pretty when that time comes.