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Everything posted by Dogmatix
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Counterintuitive but I recall from my misspent youth that a cold beer always seemed to work wonders probably through the depressive effect of alcohol taking the edge off the panic. But it probably depends on your particular tolerance to cannabis and alcohol. Fruit, vit c and stuff didn't make any difference but a hot shower was good. Your mileage may vary. Eating it is somewhat dangerous because the effects are unpredictable, when you didn't do the dosage yourself and build up from a small dosage.
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Danish danger on Thai island: Illegal firearms arrest on Koh Samui
Dogmatix replied to webfact's topic in Koh Samui News
If he was taking them to a range, it sounds like these real guns bought on the black market, not modified blank guns, specially the shotgun and it looks like another long gun like an AR style on the far right of the pic, probably a .22. Ranges are at fault for much of this for not checking permits. If Mr Adam knew he would have nowhere to shoot this guns, would he have bought them? He probably realised from hanging out at the range and renting or borrowing guns that they didn't bother to check. -
They tried that once but it didn't work. As James Clapper, former director of the CIA, said on CNN this morning, this attack is the result of the 16 long blockade of a small enclave of 2.3 million people, 40% of whom are youth. Whatever they have tried, they always create new generations of angry young men eager for revenge for what they see, rightly or wrongly, as the occupation of their land by interlopers who came from elsewhere and forced them out of their towns and villages in Palestine and drove them to live in Gaza. Now the IDF will go in to Gaza and fight Hamas dug in and well prepared for urban warfare on its own turf, while Israeli intelligence has been asleep at the switch, automating much of the intelligence gathering and processing, so as to make it easy for Hamas to fool them into thinking nothing was happening. Having taken 3 days to dislodge Hamas terrorists from Southern Israel, I think this is gonna be a tough fight and will probably not end in re-annexation and "cleansing" before Western opinion forces Israel to quit military operations in such a crowded civilian enclave, as in the past. BTW I absolutely deplore Hamas, as does I am sure James Clapper, but we have to face reality that it is an intractable problem.
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Israeli forces successfully rescue 30 people, including 14 Thais
Dogmatix replied to webfact's topic in Thailand News
Great they were rescued but I thought they had been extracted from Gaza. That means Hamas still has all the hostages, if they haven't killed any of them. -
Danish danger on Thai island: Illegal firearms arrest on Koh Samui
Dogmatix replied to webfact's topic in Koh Samui News
I wonder why police left these online sellers in operation before when it seems so easy to track them down and their customers. -
There is also a minister who spent time in jail for heroin smuggling, another who was censured for corruption while a senior cop, and deputy minister with a mafia making up hit lists of mafia whose son was shot dead in a road rage gunfight started by him and his brother, who didn't think their intended victim might also be armed. He is now also cracking down on guys who carry guns around illegally, presumably so as to reduce the risk to his own illegally armed men. On top of the whole thing we have a PM who lost the election acting as a nominee for someone who got 10 years in jail for corruption and is supposed to be in jail but isn't.
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Chinese Tourist Arrivals Plunged Nearly 30% Week Over Week
Dogmatix replied to webfact's topic in Thailand News
Very sad for the families of the shooting victims but couldn't care less, if less Chinese tourists come permanently. -
Did you also get points off your licence? The fines can be paid in a few seconds with mobile banking using the barcode on the ticket. Very convenient but I have managed to avoid them by being more careful about speed limits the last year. Other drivers still race past me when I am doing a couple of kpm under the limt though.
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Thai PM assures Hong Kong investors of streamlined business process
Dogmatix replied to snoop1130's topic in Thailand News
Get them to come and run businesses in Thailand and then tax them at 35% when they decide to bring in money to buy a condo. HK is a low tax regime and doesn't tax foreign source income at all. -
One issue I am looking is assessable income on sale of UK property. If I sell, UK CGT will be 28%. Presumably the RD is going to want to tax the principle since I was already a Thai tax resident when I purchased it and I have no way of showing it was purchased from taxed income. So, if I remit to Thailand only the profit on which UK CGT has been paid and not the principle, would the RD accept a tax credit for the 28% CGT and just charge me the difference between the top rate of Thai tax of 35% and 28%? Or would they even accept that the principle is not assessable? I don't suppose they have bothered to think about this sort of issue or will just charge 35% on principle that was already overseas and profit with hopefully a tax credit for the CGT. At any rate it is iniquitous and unfair to charge 35% tax on remittance of property proceeds when Thai property is taxed at a flat rate that hardly ever gets over 5% of the appraisal value and that is not even added to your annual income. So you can sell hundreds of millions worth of Thai property and not even be at the top 35% tax rate that kicks in over 5 million. You would think they would want to encourage rich Thais who buy property for their kids studying in London to sell up and remit the profits back to Thailand when they don't need the property any more with reasonable tax rates but they are just applying a sourced earth policy like the communists have taken over or something. I suppose the Thai investors can just remit the principle back and leave the profits overseas but that is not beneficial for the Thai economy.
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HMRC now sends notices to taxpayers informing them that they are aware they received some income from overseas and that they should declare it. They don't give you any more details. So, if you received foreign income from several sources, you don't know which one they have nailed. I received one of these notices last year, obviously from CRS reporting from HK or somewhere else I have an account, even though I got out of the UK tax net over 30 years ago. If you are not a tax resident, you are obliged to write to them and inform them or they will keep harassing you. They are too lazy to look up your file and check whether you are a tax resident or not. Since Thailand will continue to use the remittance basis, at least at first, this kind of notification would be pointless. However, what they might do is send you a notice every time you receive a remittance or a remittance over a certain amount.
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Another issue would be that farangs don't have unique family names like Thais. So tracking down transactions by all the John Smiths who are tax residents might be challenging. On the other hand, if you have a debit or credit card issued by your overseas bank that is already providing CRS data, it would be very easy for the bank to provide information on transactions, if the RD should ask for it.
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BTW does Thailand tax gains on sales of gold bullion, other precious metals and collectibles? I can't see them specifically mentioned in Section 40. But even if not taxed onshore, I guess it would be too much to hope that foreign gains would not be assessable. The UK doesn't tax gains on wasting assets like wine with an expected life of less than 50 years but I think taxes all other collectibles. Don't suppose Thailand exempts wine.
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Good point. Time was that foreign governments could only get information from Swiss banks when investigating a crime that was also a crime in Switzerland but CRS ended that. I am sure they can request records, at least in the same forward, going back longer and more detail, if they have a good reason.
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Yes. The credit card companies and/or banks in Thailand that process the transactions can get access to more information than that, I guess. The government was at one time talking about getting Thai banks to report e-commerce transactions by Thais buying stuff abroad to charge them VAT. Foreign card holders could be traced by the banks by contacting their overseas counterparts. The question is would they bother to set this up? Tax residents using foreign cards in Thailand must be small beer. Only foreigners and Thais who have lived overseas, buried in a sea of tourist transactions. Not impossible but unlikely to be a priority. lt might be asking for trouble to put large recurrent items on a foreign card though, e.g. international school fees. One offs like hospital bills probably OK.
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This is not what is planned at this point. There is no amendment to the Revenue Code, just an administrative order to RD staff. So they can only demand what is currently demanded, i.e. a tax return showing assessable income which in the case of foreign source income remitted to Thailand. What they might, if they amend the law in future, is anyone's guess.
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Teen Shooter’s Dad Bows At The Feet Of Myanmar Victim’s Mother
Dogmatix replied to webfact's topic in Thailand News
Seems that the poor Burmese lady was not overwhelmed by the father's prostration and offer of cash and has found herself a Thai lawyer (contingency fees I guess) to file criminal and civil charges against her daughter's murderer and his parents. With the parents as co-defendants in a civil case, they will be liable for whatever damages are awarded against their son and may be ordered to pay damages in their own right. How could they not notice that little Indy had live ammo stacked around in his bedroom? Did they never do in there or did they let him stay alone in the condo in Sathorn and never visit? Who took him to the firing range which would definitely to allow a 14 year to shoot unaccompanied by an adult? Still no answers to these questions. -
Handsome Myanmar Man Wanted In Murder Of Ex-Ambassador Has Fled
Dogmatix replied to webfact's topic in Bangkok News
Lucky he didn't use a gun or Anutin and Chada would round there like a shot granstanding.