
KhunHeineken
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Everything posted by KhunHeineken
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The numbers have been crunched, and crunched, and crunched, several times in the past. Most pensions from around the world go over the threshold, meaning, there will be some tax to pay, however small, but some tax to pay, should the whole pension be remitted every month, government service pensions aside, which many DTA's seem to exempt.
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Certainly not. Like most who have retired to Thailand, we can consider ourselves not "mainstream" thus, hardly fearful. That's at a very basic level. I've worked in some real dangerous sh*t holes in the world, and goggles and gloves aside, yeah, I was cautious. When one's environment presents a level of threat that puts risk to your survival, you get cautious. You laugh at at your former colleague, but have you ever heard of dust disease? What about asbestos, heard of that? Nasty stuff. No. I'm fine with my health and physical security. I just happen to think this Thai tax policy will have something in it for everyone. Clearly, you disagree, and that's fine. I, like many others, really do hope you are correct, but I don't think you are. Time will tell.
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Wrong. Correct. Wrong. Deportation is for breaches of immigration. Eg. overstaying. Extradition is when another country requests, via international warrant, Interpol, the arrest and extradition of an individual to a country where they have committed a crime. Ever heard of cases where individuals has fought against extradition? Guess what, it happens in a court. There is a formal process. There are some cases where pedo's have evidence on their phone / computer etc of crimes committed in another country. Reasonably new laws in my country, Australia, allows them to be charged for the crime they committed in another country, in Australia. Obviously, because the evidence is so overwhelming. Eg. they filmed themselves having sex with a child. Here's one case. https://www.cdpp.gov.au/news/paedophile-jailed-crimes-australia-and-southeast-asia Link please. I'll check it out.
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This guys explains it pretty well, and he should know, because he helped build the infrastructure for mass surveillance.
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
The problem seems to be in the words "government service pension" in DTA's. In many countries, my country, Australia, included, the government pays an old aged pension. It's known as a welfare payment in Australia, and a benefits payment in the UK. Many members are of the belief that because the "government" pays it, it's covered in the DTA. It's not, but many refuse to accept this. These members are of the belief they do not have to file because their "government pension" is covered in a DTA. If asked, did you EVER work in the public service in your country, they answer "no" but still argue their aged pension is covered by a DTA. They will be in for a shock. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Correct. So, you are basically saying it;'s either exempt in Thailand, or Thailand can tax it IF Thailand's rate is higher. The DTA "myth" is, if it's taxed in my home country, then Thailand doesn't get to tax it at all. That's incorrect. -
Banks are corporations. The TRD is a government department. The way the agents take care of the bank document couldn't be done that way with the TRD. However, as I have said in the past, the Certificate of Clearance could end up being like the Certificate of Residence. We all pay a flat fee of say 1000 baht to the TRD, NO RECEIPT, so you know where the money goes, right? We give it to immigration and we are good for the extension. For high net worth individuals, they might pull out the rule book. Time will tell how all this unfolds.
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How so? Serious question. It's the easiest and cheapest and quickest method to ensure compliance. It makes foreigners go to the TRD Office. Once again, people ask "why would they" but not ask "why wouldn't they?" Can you post your reasoning for why you think they will not go down this route, this year, or in the future?
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I know, I know. It's just soooooooo many expats see the word "pension" in the DTA, and ignore the words "government service" and think that because their government gives them an old aged pension, which is welfare, it's therefore a "government pension" so covered in the DTA. They totally disregard the word "service." -
Out of their jurisdiction. They would need to set up a joint task force. They can be present at the raid / arrest, but it has to be done by Thai police. If the crime happened in Thailand, they are charged and brought before a court in Thailand. If the crime happened in Australia, they are extradited and charged and brought before a court in Australia.
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Headline No. 3 "Two Australian Federal Police arrested in Pattaya now admit to not being Australian Federal Police."
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
What are you basing this on? Do you have a link? -
I understand. I stayed for 2024, minimized my remittances, brought a wad of cash back from the Singapore F1, and also had a friend bring in a wad of cash for me from my home country as well. I'll instruct a tax agent / accountant to file and declare at the 11th hour in March and see what happens. If I have to pay an amount of tax that I think is fair, I'll repeat the same in 2026. If I have to pay an amount of tax I think is a rip off, I'm off to Vietnam for the second half of 2025. I'm giving the Thai's a chance. Perhaps, silly me, but they will only get me once.