
Metapod
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Everything posted by Metapod
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a DTA doesn't absolve you from filing a tax filing in the secondary location. You will have to file in both Australia and Thailand. Even if you owe nothing in Thailand, that in itself is a huge pain in the ass. The Thailand tax calendar starts Jan 1st, the Australian tax calendar starts July 1st. That creates complexity. Then factor in getting documents translated into Thai and then getting those documents certified. Then hiring tax accountants in two countries to handle both submissions. Then discussing DTA itself, you need to look at the DTA for each category. Some will give exclusive taxing rights to one jurisdiction, others are taxed in one first and then taxed in the other. For example, if you owe 30,000 in AU but 50,000 in Thailand, you would have to pay 50,000 in Thailand and then use a tax credit against the 30,000 in AU for your AU tax return after July. The short answer is this <deleted> gets complicated at the very best, and costing you more at the worst.
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Commerce Ministry cracks down on hidden foreign ownership
Metapod replied to webfact's topic in Thailand News
most villas in phuket and samui are illegally using the nominee loophole -
Paetongtarn Shinawatra Elected as Thailand's 31st Prime Minister
Metapod replied to webfact's topic in Thailand News
this change doesn't just target foreigners, it affects wealthy Thais. -
Paetongtarn Shinawatra Elected as Thailand's 31st Prime Minister
Metapod replied to webfact's topic in Thailand News
What's the chances the tax changes get rolled back? -
Thai PM Srettha Axed Over Controversial Cabinet Appointment
Metapod replied to webfact's topic in Thailand News
hope whoever comes in next walks back the tax changes <deleted>ra tried to push through -
Thailand Has Global Ambition to Become Tech Talent Hub by 2030
Metapod replied to snoop1130's topic in Thailand News
would need higher salaries and lower taxes to be competitive. -
Expats angry at huge concessions in latest Thai visa announcements
Metapod replied to webfact's topic in Thailand News
this idiot is still doubling down. lol. -
Expats angry at huge concessions in latest Thai visa announcements
Metapod replied to webfact's topic in Thailand News
No you don't. You are an absolute idiot. Multiple people who ACTUALLY HAVE THE VISA are telling you that you are wrong. -
Expats angry at huge concessions in latest Thai visa announcements
Metapod replied to webfact's topic in Thailand News
I have a Thai Elite visa and have never had a reentry permit. you are talking out of your ass and don't know anything at all. the fact you are still trying to argue the point with bolded and CAPITAL letters is hilarious. absolute muppet. -
Expats angry at huge concessions in latest Thai visa announcements
Metapod replied to webfact's topic in Thailand News
You are talking out of your ass and have no idea what you are talking about. You don't need a reentry permit for Thai Elite and you can leave and return as much as you like and the visa isn't void. -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
Yep, it makes no sense. "Let's make a program to attract UHNWI and then try to tax the <deleted> out of them!" -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
I'm still hoping Thai Elite gets some tax relief to sell their overpriced visas. Other option for me is just to move to less than 180 days in Thailand and spend more time traveling. i already travel 3-6 months a year, so it won't be a big life adjustment. I just don't like feeling like I have less freedoms and options. Ultimately, it means I'll spend less money in Thailand, not more. I'm sure there are a lot more like us who will choose the same. -
Thai MP aims to ‘stimulate’ economy with sex industry legalisation
Metapod replied to snoop1130's topic in Thailand News
they want to tax it silly -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
Im just holding out hope they tax exempt is like they did for LTV. -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
I'll be doing the same. It's the simplest solution for now. -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
I think it has to be family or spouse but I could be wrong on that. -
Thailand’s Cannabis Debate Ignites After Doctor’s Insightful Article
Metapod replied to webfact's topic in Thailand News
thats not my quote.. -
Thailand’s Cannabis Debate Ignites After Doctor’s Insightful Article
Metapod replied to webfact's topic in Thailand News
So you support banning all alcoholic content and only selling non alcholic drinks like 0% beers? Because nobody drinks alcohol for the effects right? -
Foreigners and their overseas income: what next?
Metapod replied to webfact's topic in Thailand News
imagine the sales for Thai Elite right now. Increased the price to 5million, now they want to tax the <deleted> out of you and by the way, we are now going to give out 5 year visas for almost free (DTV visa). Holding out hope that Thai Elite fight for tax exemption like LTV -
Strong Thai Public Support For Cannabis Reclassification
Metapod replied to webfact's topic in Thailand News
who said people do drugs to escape reality? you are clueless grandpa -
Strong Thai Public Support For Cannabis Reclassification
Metapod replied to webfact's topic in Thailand News
How is it any different to alcohol? -
Government to Lengthen Foreign Land Leases and Condo Ownership
Metapod replied to snoop1130's topic in Thailand News
this government is a <deleted> disaster. bring back Prayut and the old boys club. -
Thailand to tax residents’ foreign income irrespective of remittance
Metapod replied to snoop1130's topic in Thailand News
https://www.nationthailand.com/thailand/tourism/40034197