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Posts posted by A1Str8
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Do what you love to the best of your ability.
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So what do they expect? It's not like you can give them a new passport with a different photo in it.
I would ask them what the repercussions are if I don't go and base my decision on that.
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Kasikorn is good in my opinion.
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No, if you pay them.
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I don't know the answer that's why I started the topic. But now it turns out, no 1099 is issued in the first place so once again stick to the original question.
I am talking Thai law, not US law. It's already clear that in the US, a Thai citizen doesn't need to pay tax in this case.
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8 hours ago, SaintLouisBlues said:
I've already told you the answer but clearly you don't like it. What you are proposing is tax evasion based on "they'll never find out". Forex trades are not all counted as long-term capital gains and therefore tax is payable by non-residents on the portion that is a short-term capital gain http://www.investopedia.com/articles/forex/09/forex-taxation-basics.asp
I have never proposed tax evasion. By the way you simply told me to google it. That's not answer.
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1 minute ago, SaintLouisBlues said:
So the Form 1099-B that the brokerage is obliged to fill out, and a copy of which they'll lodge with the IRS - what happens to that?
They fill it out, send it to the IRS end of story since there's no double taxation in place between said countries.
Since the person in question is a Thai citizen, he is supposed to pay the tax after this income to the Thai gov not the US gov.
But according to Thai law...If capital gains arise outside of Thailand it is not taxable.
So we are back to square one and that would be the original issue, that I am in the process of figuring out.
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2 minutes ago, SaintLouisBlues said:
I bow to your superior knowledge of US tax law. So you're saying that a non-US citizen/resident carrying on a money-making activity in the US is wholly exempt from US taxes? Can you provide evidence of this?
If someone doesn't live in the US, has no green card, no social sec, never even set foot on US soil, but is a trader who has an account with a forex trading firm that is based in the US(which you open online), then how is he going to be taxed? How it that individual tax liable? The IRS doesn't keep records on aliens. It's not the NSA.
I know for a fact that in such case you are not required to pay tax to the Irritating Revenue Service, so let's not deviate from the original question.
But thank you for bowing down.
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12 minutes ago, SaintLouisBlues said:
The gains are taxable in the US assuming what you say - he's using a US brokerage firm. Google it, there's plenty of information
No he's not a US citizen neither a resident. He's not tax liable there.
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According to Thai laws...If capital gains arise outside of Thailand it is not taxable.
If a Thai citizen trades forex through a US brokerage firm, does that fall into the aforementioned category and therefore is not taxable?
I know I am asking just the right people 555
but maybe someone knows and cares to share
Thank you in advance
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Selling guns on Line. A new, very intelligent generation is being born.
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He admitted to that only because he doesn't want to go to prison for the rest of his life.
Why what did they expect?
And the families seek a 100 mill? And the woman says she wants to set up a foundation using the money.
Nobody needs one hundred million baht to set up a foundation and start some campaign.
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It has nothing to do with nationality, race, gender or anything else for that matter.
Some people act like dumb five year olds, simply because they don't have a life. They are repressed, conditioned beings, feeling insecure and helpless, so they try to put on a show, which of course never helps.
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love cnx. Google it
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www.ethealing.nl
Yeah, I know that close minded individuals are going to jump in and make uneducated comments but don't bother with insignificant stuff.
Energy healing is an art, more effective than any medicine or any other useless waste being pushed by the "healthcare" industry.
You don't even have to be there in person to get it done and it's certainly cheaper than the outdated hospital practices.
I have no affiliation to them, I simply know that it works.
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So how did they find him? Ah, the license plate. He's a genius.
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Some people are so pathetic. In this case, the ignorant dummy tourists. why can't they have some respect for nature?
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I wonder if that bar could have remained open if the victim was not the son of a general.
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No. It's bar girl etiquette.
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People are not much into reading over here, but there's always facebook, twitter, getting drunk and other single digit IQ activities.
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Oh the netizens. They seem to have a well established life on the internet.
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The pressure of society regarding how a woman should be. They feel they can't live up to it, so they just give it all up.
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So they said if he doesn't turn himself in, they will take action against the abbot.
Why not just go and arrest him? They could if they really wanted to. They have a warrant.
It has nothing to do with the abbot.
Make a move. Stop talking.
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Later, the officer checked with a motorcycle shop and found that the motorcycle model that the foreign man owns is sold with an exhaust pipe different from the loud one that got him in trouble.
Yeah right. Like a Thai cop is actually going to bother visiting the shop where the guy got the bike, after inquiring where he bought it and take a break from issuing tickets in order to compare the exhausts and even determine, which one is louder when measured in decibels, and that is assuming that the average Thai policeman knows what a decibel is.
Typical Thai cop bs.
Are all proper bikes geared in Isaan?
in Isaan
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If she's never ridden before, you might want to do the riding and just have her as a passenger instead of renting a bike for her too. I mean, she can't ride. It doesn't make sense for her to see if she can do it in traffic, especially not in the traffic in Thailand.