eisfeld

What the revenue department cares about is if tax is due or not and for that it only cares about if something is assessable income. A loan is not income. Be it from outside the country or from inside. I've given loans to a company in Thailand and there was no tax due (as expected). Where the story changes is the person suddenly having an item in Thailand which has a value which was purchased with oversees funds. It's equivalent to you buying something outside Thailand but then having it sent to you in Thailand. I believe that falls under the "in kind benefit" and is therefore taxable but I am not sure if there is a clear precedent. Yup. Still interesting topic to discuss. Would be awesome if someone with real world experience in such a matter could chine in or better a tax lawyer or accountant. Doesn't have to be forensic, just CPA 🙂

Shell said they will divest. That means they'll get rid of them.

A debit card payment is not a loan. That's why it's called debit vs credit.

Forget about the 2024 part that is mentioned in media. The important part is 150 vs 160cc. And in Thailand we already had the 160cc version. Thailand got is earlier than some western countries. So you don't have to wait for something called 2024 model in Thailand because it would be the same engine, just maybe different colors.

In the given example of a credit card payment there are no funds transferred to Thailand to pay off debt. The paying off of debt happens outside Thailand. What is transferred to Thailand is a loan which is not assessable income under the thai tax laws. If you borrow $1k from an overseas bank and transfer it into Thailand it's also not taxable because it's not assessable income. There is a taxable event if the debt for example is forgiven because then it's a "in kind" benefit of the person in Thailand.

But then that could be avoided by traveling outside of Thailand at the time the debt is settled. It makes more sense to count the items value as assessable income because it was at that time for sure for the benefit of someone in Thailand.

I think there can be a reasonable argument made that the funds used for the purchase were a loan if it's a credit card. The loan then is repaid outside Thailand. So if really going by the letter of the law then the credit card transaction is not counted towards assessable income. And there is no income transferred to Thailand. What should be counted as assessable income is the value of the item. The user from Thailands point of view got the item from the credit card company. The amount of tax due will be the same. In the end it might be just semantics but maybe there's some edgecases where this plays a role. In fact, if interpreted this way then it doesn't even matter if the recent changes were made or not. It would apply the same already before.

What a weird site with a lot of gibberish. Especially towards the end. I wouldn't trust anything it says. Also it has "chairman mau" in its domain, what? I have not seen any regulation yet which states the excemption from license requirements up to 500W even though a few websites claim it. The motor vehicle act doesn't have any such provisions so it can only be some newer regulation but again, never seen any actual document. What? 🙂

They use the same system for paying for services as the fake bill with the barcode. They also just scan it. If the 7/11 cashier doesn't carefully check who the payment will go to then it'll just work as if it was a real bill. Better pay it via the PEA app really.

So this is how they will power the 5G chips.

Wow what a joyful day! Finally a conclusion to the saga! It's been an intense two weeks. I have to confess I already was thinking maybe he got lost in the maze of screws, nuts and panels as there was no life sign to be found. A snake could have been hiding under the covers. He could have suffered an electric shock. It's a dangerous world out there! But you persevered and made it all the way to the end. Next time we meet the drink's on me! I don't know if it's too much to ask but.... could you post a picture of final triumphant bulbous machine?

Which Central are you speaking about exactly?

Sorry mixed you up with "Startmeup". I wanted to quote him.

A chargeback is different from a refund. A refund is a voluntary action by the merchant. A chargeback is a forced action by the network and issuer. All debit or credit cards support it because fraud does happen and they need a way to combat it. Also the guy didn't sign anything.

You claimed "Almost all EV manufacturers are losing money on EVs and are backtracking." and none of your links support anything like that.

The links you provded do not support what you said. Mercedes is still ramping up their EV production and plans to sell half of their cars as EVs in a few years. Apple cancelled the project not because it is an EV but because they tried to build an autonomous vehicle and realized AI isn't there yet - by a long shot.

Of course it's private property. It's not a government owned park or a road or something. It's a shop owned by a commercial company. It's private no matter the time of day. That they let people access their premises does not make it a public property. If you were to not follow their rules and a staff would tresspass you, you'd have no business remaining on their premises. Because it's private property. Their property, their rules. You have no rights or entitlements to anything there.

You are not entitled to anything on another (juristic) persons private property.

Exactly, the police summons are optional. So why were the security guards at the estate threatened with arrest for not letting the police onto private property? Also an arrest warrant can only be issued by a court. "Will be issued" is not up to the chief of police. They can request a warrant. They can't issue them.

It might seem that Thailand just does not want to Move Forward.

Officially yea but I've seen small bikes in these big bike parking zones in some Centrals where the staff pay no attention. It go too much in one Central one time here and I wasn't able to park my big bike because the spot was full of small ones. I told the parking attendants and they had to manually move a few small bikes to another place. But in many other Centrals I've seen them paying a lot of attention and promptly deny small bikes that try to park there.

Yes you mentioned that now four times. But it really shouldn't be so hard to find the big bike parking area. You can try to park in a car parking space. The attendant will likely approach you and tell you that you can't park there. That's probably a good opportunity to ask where to park the big bike then instead.

Then I would ask another guy or just drive around and look for it. They are always marked with signs.

It should be a dedicated big bike parking area. You should specifically ask for that.

Well the owner will soon discover the concept of chargebacks and she'll be two gold necklaces poorer. She failed to do the necessary security checks and will pay for it.