RichardColeman

Maybe they should ask how many thais are working illegally and not paying tax in Korea as opposed to koreans working in thailand illegally ?

Hmm, intense heat ,a need to save water and they extend songkran , country run by idiots

4 minutes ago, Mike Lister said:

You can disagree all you want but Capital Gains are taxable in Thailand, albeit at the PIT rates, just as they are in any country.

Yes, but only if the UK does not tax it when sold and the money paid direct to Thailand bank account. If it hits a UK bank account first and CGT paid in the UK, it becomes savings and not taxable for CGT a second time. Any 'income' paid direct to thailand from a business transaction od work I think is the aim of this new law. It hits savings it will effect too much of previously taxed money and destroy the housing market. 

Anyone know the difference in temperature between Thailand and Siberia ? 

Mum has been watching too many Thai soap operas, kid should be taken into care and mother banned from seeing any of her kids

2 hours ago, Dan SG said:

Yes that will be considered a gain in the year in which it is earned unless there is something under thai domestic tax which exempts the gain from the sale of a main residence (I don't know if there is or isn't).  You're right that practically this rule is difficult to enforce / monitor but tax is always on a self-assessment basis, i.e. you need to determine and declare the right income and put it in a tax return; if you don't you always run the risk it could be discovered and you're liable for back taxes, interest and penalties.  Like anything in life it's a risk / reward trade off.

I totally disagree - the sale of an asset is the transference of an asset into cash - it is not an income. If the Thai declare ALL income to Thailand is taxable, along with the transfering of your savings(of which tax has already been paid on in your home country potentially) the entire foreign housing market will collapse.

Personally I think the only people that they will be going after are people that live in thailand but have money paid direct into a thai bank account by a company that cannot be shown to have paid tax on the income. Otherwise it is just a 10% tax raid on everybody's savings and transfers.

I am in the position of having a house in the UK that I can go back to, this effects me, my plan has always been to sell my house and bring the family to the UK ,I will just do it sooner rather than later.

As for those on low UK state pensions, you may as well move into that prison cell size room now if the thai government want some of your already low pension

On 2/10/2024 at 5:21 AM, webfact said:

The new law dictates that all foreign earned income remitted to Thailand by tax residents is subject to personal income tax.

Again - totally unclear - Foreign EARENED income. I'm sending savings, so far as I am concerned I am giving them nothing

I'm all for letting the punishment fit the crime here

11 hours ago, snoop1130 said:

said that some of the violence in the region stems from mistrust and misunderstanding between various groups of people.

Rest is just the flaming religion then ?

And this decades positive nigerian stories in Thailand are ....................

he stayed with a man identified only as Mr. Ozeias, 46

Tobias & Ozeias ? Sounds like a couple of dodgy foreigners on even dodgier UK passports to me 

5 hours ago, NanLaew said:

Fifteen law-breaking illegals get arrested while their law-breaking employer only warrants being "investigated"?

Probably ran back to Albania

Entire nation of immature and idiotic politicians, chasing the $ whilst issuing a nationwide drought a month later

civil mad law suit photo again 

I take my hat off to any pickpocket that can steal a man's shoes when he's stood in them !

Certainly Thailand is safer than any current democrat led city in the USA - SF, NY, Chicago, Portland must now be new desirable locations for Exit International.

Its a lefty thing - just look at my UK London with its idiot left wing mayor ruling over black gangland murders and stabbings. True Hellhole.

13 hours ago, snoop1130 said:

Thailand’s economic growth this year is expected to be about 2.8%

yeah yeah

Adjusted Feb 2.7%, march 2.6%, april 2.5%, until adjusted to 1.7% so they have the correct figure and keep their jobs in December.

That said, if the baht keeps dropping they may well hit their export figures and more

2 hours ago, flyingtlger said:

With the proliferation of marijuana in the Kingdom, there will be an increase of hallucinogens....

I think looking at his skinny body he is well into lots of other drugs already apart from weed

One thing for sure , he wont volunteer to do the ten years in prison in Thailand !