eisfeld
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Foreigners and their overseas income: what next?
eisfeld replied to webfact's topic in Thailand News
I stand corrected, seems like they signed recently https://www.oecd.org/tax/automatic-exchange/about-automatic-exchange/crs-mcaa-signatories.pdf My point stands, the CRS has nothing to do with the recent changes because it relates only to funds transferred into Thailand so Thailand already has all relevant information and doesn't need to ask a foreign country. -
Rayong fisherman nets suspected ambergris worth millions of baht
eisfeld replied to webfact's topic in Eastern Thailand News
Looking at google maps I can't see any beach whatsoever in Phang Rat district or Phang Rard as they spelled it. The reporting is so bad... -
Big Joke still laughing: Royal Thai Police delay investigation
eisfeld replied to webfact's topic in Thailand News
What? This whole story is getting weirder by the day. Why would the head of the police of Thailand send money to the Move Forward party leader? -
Foreigners and their overseas income: what next?
eisfeld replied to webfact's topic in Thailand News
Assessable foreign income was always taxed. What changed is what is considered as assessable. Nonsense. After being 180 days in the country doesn't mean that you have to immediately file a tax return. No there is no such requirement and nothing changed in that regard. Some have to some don't. Depends on your assessable income, exemptions and so on. No blanket statement can be made. Lol what? Thailand is not party to the CRS. They do have other information exchange programs though. Also what does it have to do with the recent change which affects money transferred into Thailand? They don't need information from other countries because the money went into... Thailand! Unfortunately the post did not help at all to clear up the uncertainty that seems to be common amongst expats at this time. The author seems to be or was the British Consul to Thailand in Pattaya. -
Smokin’ scuffle: Foreigner’s taxi tantrum goes viral in Phuket
eisfeld replied to snoop1130's topic in Phuket News
One sided reporting with no-one bothering to present the point of view of the tourist. The video doesn't look like he was going on a rampage. In the current anti-foreigner media campaign climate I'd be very hesitant to believe what is presented in the local media. Doubly so if it's from "The Thaiger" which doesn't seem to have high journalistic standards.- 116 replies
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Thai government plans 7% VAT on imported goods from May
eisfeld replied to webfact's topic in Thailand News
Ok let me rephrase. "Why low value imported goods would have lower tax rates than locally produced". Everyone else probably got it the first time. -
PM Seeks Funding Solution for Digital Wallet Plan
eisfeld replied to snoop1130's topic in Thailand News
It's an old well known tactic from Thaksin. He promises handouts to the mostly poor population in order to get their votes and him into power. He of course never pays with his own money. Then they have to go and find "creative" ways to find the funds. And the population falls for it every time because they are desperate and need the money plus are not well informed. In the end they get screwed over and over. -
RFK Jr. argues that Biden is a bigger threat to democracy than Trump
eisfeld replied to Social Media's topic in World News
Man what a shtshow the US political landscape is. It's like a competition of who can shout the loudest nonsense wins. Logic and facts went out the window. Quite scary to be honest. I thought Idiocracy was satire but turns out it was indeed a look into the future. -
Car bursts into flames in Thailand from dry tissues and toothpicks
eisfeld replied to webfact's topic in Bangkok News
Well I am happy that they asked the Sun for its point of view on the matter. Or they the "journalist" could have turned on their brain and seen it as a clear BS story. Neither tissues nor toothpicks combust just by being left in a car in the sun. Can we tag any "news" from the Thaiger with something like "Tales from the Thaiger" and put it somewhere in the Pub subsection where they can rot and maybe spontaneously combust? -
Thai government plans 7% VAT on imported goods from May
eisfeld replied to webfact's topic in Thailand News
I never understood why imported goods would have lower taxes than locally produced. With low value items the margins are usually razor thin so any percent of tax has an outsized impact on overall profitability. It made more sense to produce something outside Thailand and then ship it over than produce in Thailand. Who came up with that idea? -
Knife-wielding Portuguese lady refuses to pay taxi in Phuket (video)
eisfeld replied to webfact's topic in Phuket News
Ah good to see taxi rip-offs are still going strong in Phuket. 1500 plus probably 500 to Pa Khlok is about double the normal price which is already way too high. -
Evidently not.
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That's the issue that is being litigated. The lenders believed him but turns out he lied. Trump couldn't even contest that. So now that he needs to borrow money and put his properties up as collateral the same situation arises, some lender needs to evaluate the value of the properties he's putting up as security but given that Trump lied about it they wont ever trust him on that and since there isn't too much time they will give him a low valuation in order to not overexpose themselves to him pulling the same stunt twice. If Trump fails he might lose his properties. He made a really <deleted>ty deal because he put himself into a corner.
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So that directly confirms that Trump was forced to collaterize his properties and didn't have even the strongly reduced amount of cash. He simply lied.
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I see. I thought he ment the original post of mine which he quoted. That was only one and rhetorical. Regarding marketing a question rhetorical: no, that's a method of speech same as sarcasm that works without marking it explicitly as such. It has nothing to do with being psychic or mind readers. It's just about understanding the words being said. Like "Who would be stupid enough to believe xyz?". Nobdoy expects an aswers to the question, it is rhetorical. It's simply used to express the opinion that people would be stupid to believe something. In the same way my question "Who would trust Trump on the property value in order to grant a bond when he's being prosecuted for lying about exactly that?" is just meaning to say that nobody will trust Trump when it comes to that question and will 1. do their own valuation and 2. give very low valuations because of the circumstances.
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I didn't pose two questions so again I have no idea what you are talking about. But I guess beer would explain that.
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I don't know what you are trying to say. Your answer to my question doesn't make sense. The question was also rhetorical.
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People with far more knowledge (compared to?) of real estate values would trust Trumps word on real estate values? Makes no sense. If they have the knowledge then they would evaluate the value themselves.
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Of course there is a fee as there always is with bonds. If he had the cash then he'd post the bond using his cash and avoid the costs. Leaves only one option for him and that's borrowing with security against his properties because no one gives a bond of that size without security. He might have covered parts of the bond with cash but definitely only a fraction. Over 30 bond insurers turned him down before which means he didn't provide adequate securities on the larger amount, again a clear sign that he just doesn't have the cash.
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So even the strongly reduced amount he wasn't able to cover with cash even though he claimed he could with the full amount. He's borrowing a lot of money secured against his properties. Pretty sure he didn't get great rates because the very topic of his case is that he inflated the values of his properties so who would trust him on that when granting him the bond.
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Are there any vape-free nightlife venues left?
eisfeld replied to PingRoundTheWorld's topic in ASEAN NOW Community Pub
So if you make it past the first two years you have a 100% chance of succcess. Amazing. -
Industrial Commission exposes Chinese steel mill’s law violations
eisfeld replied to webfact's topic in Eastern Thailand News
Sorry what? The Thai government lets the Chinese decide the punishment for violations of Thai law? The Chinese government will have the power to revoke Thai visas? What? How does this in any way make sense? Is the Chinese government now in charge in Thailand? WTF