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MartinBangkok
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Posts posted by MartinBangkok
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On 10/18/2024 at 7:59 AM, mfd101 said:
You'ld have to be a NITwit to think there'll be any benefit for expats out of such a scheme.
And will my aged PILs - illiterate & without income beyond what I give them - have to register? They wouldn't know the meanings of the words.
As for the appalling corruption at every level of government and society, much of it would disappear if bureaucrats were actually paid a liveable salary ...
What is a PILs??
In my native language, "pils" means beer.
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43 minutes ago, Rolo89 said:
You don't have to be a tax resident of somewhere.
It mainly causes issues with banking so it's a good idea to get tax residency somewhere. I get paid dividends from my UAE company into my Jersey personal bank account. Can't see why I'd need to get tax residency, neither of those countries cared about my thai tax status.
It causes no issues with banking.
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54 minutes ago, chiang mai said:You can't be tax resident nowhere, you have to be tax resident somewhere, unless you don't have any income at all. You can live in a country for less than 180 days and then move on, or you can live in a low tax country. But at some point you will need to be paid income and invoke a tax treaty, which means having a country of tax residency.
You are completely wrong.
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20 hours ago, sandrew33 said:
The Big Brother cross border information sharing was started by the US with FATCA, then the Common Reporting Standard for pretty much everyone else. It’s been around for years.
This is Thailand simply adopting a law that’s common in most other jurisdictions. If you live in Thailand for tax law purposes then you pay tax on worldwide income. Thailand has many double tax agreements to avoid double taxation already. Of course if you are avoiding tax in your country of origin (I.e currently paying zero tax) a DTA won’t help you much 🙂
The notion that you should pay tax in Thailand if you live in Thailand isn’t a terrible one but it will certainly cause some chaos over the next few years.
"The notion that you should pay tax in Thailand if you live in Thailand isn’t a terrible one but it will certainly cause some chaos over the next few years"
Are you crazy? Not a terrible notion???!! Paying tax to my home country gives me absolutely free education, including university (standards of education in a different universe compared to Thailand), 100% free health care (standard millions of miles above Thailand), several hundred welfare benefits never heard of in Thailand (how about 1 full year maternity benefit with full salary covered by the state), 1 full year on 100% salary in case of sickness (and very descent welfare support in case of not returning to workforce). Mininimum state pension of circa 80.000 Baht a month (your work pension comes in addition). Median state pension cirka 135.000 Baht per month). I could go on. Shall I? Ok, I will, freedom of speach, the right to vote, can buy land and property (and anything else), no 90 day reporting, no hell bureacracy, no price discrimination, a very good justice system (low income earners get lawyers free). Shall I still go on? How about a police force that enforces laws, first responders professionally trained and educated with world class equipment? Descent politicians and leaders which gives my country a military force that would run over Thailand in days, even though my country only has 1/7th of Thai population. Shall I give you more? Ok, no discimination of foreigners. No scams (compared to Thailand). A very low level of corruption. More??
PS: I am out of Thailand already after 15 years in "The land of fake smiles". Found another nation not far from Thailand, more beautiful (mountains, jungles, beaches, golf courses, girls!, and airquality and water quality (beaches) on a different level compared to Thailand. And last but not least, a people so much more expat friendly than Thais, it's hard to phatom, and they all speak English! More? Ok, I forgot to mention my soon to be new V8 muscle car (American), is less than half the price of Thailand!! (red wine too).
Cheers
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Thai quality products? When pigs fly.
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Probably only 100 "Safety First" signs. Should have had 200.
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On 8/21/2024 at 4:27 PM, Flyguy330 said:
Nice idea, but if you never establish Tax Residence in one of those countries (and maintain it) you will probably be declared Tax Resident in your home country and taxed there instead. They've got us every way guys - you cannot become a global tax exile on planet earth. All you can do is find the cheapest legal option.
For me - I established Tax Residency in Malaysia, and only need do 90 days per year there to maintain it. The rest of the time I can be nomadic and untaxed.
Good plan for yachties too.
"They've got us every way guys - you cannot become a global tax exile on planet earth. All you can do is find the cheapest legal option."
You are so wrong Flyguy. You clearly haven't got a clue.
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Chickenlegs, I could ask you to be banned for making fun of a non native English speaker. But I wont. I meant of course decent.
How is your Norwegian, by the way?
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On 8/9/2024 at 8:16 AM, Mavideol said:
that means they would have to crack down on everything coming from China, everybody knows the general poor quality of Chinese goods, cheap and substandard is their main goal to make money, if they change that to standard quality and remove the cheap that would not be China business practices, worked my own factory there, did business there for 12+ years I know how it's done
But the real problem is that Thai products are inferiour, even to Chinese products.
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All Thai products are inferiour to products made in China, not to mention products from the western world.
If you disagree, name me one descent Thai-made product.
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The main problem for Thailand is that Thai products are even inferiour in quality compared to Chinese products, not to mention products from developed nations.
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9 hours ago, spidermike007 said:No. Thailand is NOT a democracy. It is what I would refer to as a gentle junta. After all, the army negotiated with Thaksin, and he sold his soul and his party to them.
Thailand is a Kleptocracy.
In a kleptocracy, corrupt politicians enrich themselves secretly outside the rule of law, through kickbacks, bribes, and special favors from lobbyists and corporations, or they simply direct state funds to themselves and their associates. Also, kleptocrats often export much of their profits to foreign nations in anticipation of losing power.[6]
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13 hours ago, Sigmund said:
Amazon offers deliveries within the hour in France...so what's the big fuss in Thailand wanting to keep up ? Those who are sulking on the issue can go to Europe to protest and leave the Thais decide on how to optimise their online business....nothing worse then all those farangs all over comming to Thailand and trying to impose their western socialist ideas.
Did Freud name you Sigmund while he was treating you?
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17 hours ago, RethairedJarhead said:
Does Apple marketing represent “criticism from white people“ or are you referring to yourself?
Either way, categorizing all asian people under your narrow understanding is almost amazing as you choosing to live among Asian people.
You are Asian, right?
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On 7/19/2024 at 9:15 AM, Bandersnatch said:
And hows the second hand value of your car right now?
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On 7/19/2024 at 8:10 AM, JBChiangRai said:
EV's are currently about 4-5 times cheaper to fuel than an ICE, so I don't think it will make much of a difference.
You vote democrats, don't you JB Chiang Rai (regarding your love of vegan leather)?
I have tried explaining just one of the downsides of an EV to you regarding the excess weight, but you just will not except any criticism about EVs.
Will you?
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On 7/19/2024 at 7:34 AM, hotchilli said:
The vultures are hovering....
"Dette går til helvete" as we say in Norway (This is going straight to hell)
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Governor Chadchart Sittipunt, 29 officials penalized? How about sacking everybody, including yourself, and let a Farang build up Bangkok from the ground?
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19 hours ago, BigStar said:
And he's right.
Now, BKK does of course offer cheap hotels and tuk-tuks. Budget travel is certainly possible, and a good thing that is, too.
BUT these gay travelers are on a company expense account and would travel in standard business style. Furthermore, they'd be dealing with higher-level professional business-to-business types (Chinese Thais) who can get things done. So the selection bias shown towards Thailand throughout the ad is quite condescending and plays to outdated stereotypes. It would certainly give a false impression to unwashed tourists who've never traveled here as well as potential business investors.
I can see why Thais would find it annoying. So do I.
People who know me, know that I am very critical of Thailand. But I have to admit the Apple-ad is a bit outdated. Perhaps influenced by the movie "Hangover 2"? I see several similarities.
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18 hours ago, BigStar said:
Japan has always had a low level of proficiency, and even today the level is barely above Thailand's. Perhaps you can think of other reasons Thailand didn't develop an economy on par with Japan's.
Common in Asia. Japan's been the same. China of course yet is the rising world power.
Tell you the truth, though, seeing the degeneration and decadence of Western countries, I think kids could do with a bit more deference and patriotism taught in schools over there.
Your last paragraph is on a different subject BigStar. But talking about that, I agree with you.
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How about lets learn the business language of the world..
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What utter bull<deleted>. The lack of proficiency in English is one of the major problems holding this country back. Almost on par with corruption and the obsequious deference-behaviour brainwashed into 99% of Thai "children" from birth.
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It never stops amazing me how Thais, and other Asian people, vehemently refuse to accept any criticism from "white" people.
If you are a Thai reading this, try travelling by bus or train in a western developed country, and then make an honest comparissment with Thailand.
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Expats in Thailand urged not to worry about negative income tax
in Thailand News
Posted
Try reading Chartchai Parasuk's columns in a well known newspaper.