TheAppletons

I can't believe you didn't ask "how is Thailand going to stop tax evasion using CRS"? Or "how will you know that a remittance is non-assessable unless you subject every single man, woman, and child who has a remittance to a polygraph test"? Nice report. Thank you for taking the initiative.

Enjoy your hysteria, JT.

While I seriously doubt the US is going to be invading either locale, when one is bluffing one doesn't reveal one's hand in advance. Military, economic, diplomatic. Why throw two chips away and only play with one? I think that's why it's phrased as "refused to rule out" instead of "plans to".

"As the 2028 election approaches, the Republican Party finds itself facing significant challenges, while Democrats appear well-positioned to solidify their dominance not only in 2028 but also in 2032."

While I admire your patience and persistence, I don't know why you even bother. I stopped reading/responding to the low IQ, low information posters and the trolls. The former group is either illiterate or intellectually incapable of logic/reason and the latter group is just here for the attention. Many times, the two groups intersect.

"Tax evasion is illegal" - thanks for that news flash. Not filing when you have zero assessable income, however, is not illegal - it's prescribed in the tax code.

The disclaimer is hilarious. A self-professed tax advisor advising people not to regard his video as professional tax advice; instead one should seek advice from a qualified tax advisor, presumably not him.

The paranoia runs deep here. Best exchange in CM is probably Mr. Pierre. https://mrpierre-exchange.com/

Never in my wildest imagination did I think watching someone with intellectual disabilities taking a beating could be so much fun.

Looks like one might have a choice (in other words, either/or): "(b) General rule. The credit for foreign income taxes provided in subpart A, part III, subchapter N, chapter 1 of the Code (the “foreign tax credit”) may be taken either on the return for the year in which the foreign income taxes accrued or on the return for the year in which the foreign income taxes were paid (that is, remitted), depending on whether the taxpayer uses the accrual or the cash receipts and disbursements method of accounting for purposes of computing taxable income and filing returns." https://www.law.cornell.edu/cfr/text/26/1.905-1

Some posters seem to have the greatest difficulty grasping the simplest of concepts, even when repeatedly taken by the hand and led to the solution. Perhaps those posters should seek help from a cycologist.

False.

It's even simpler than that. If you have no assessable income (whether by DTA or LTR, whatever), you don't need to file a tax return because the TRD mandated threshold for filing is assessable income of 60K/120K/220K (reference previously quoted in this very thread.)

The number of people who think a YouTube video is a credible source of information would be hysterically funny if it weren't so pathetic. Imagine, when you were still working, if you went to your District Manager, CEO, Commanding Officer....whomever....and made a recommendation to him. When asked to justify your recommendation, you tell him you saw a video about it on YouTube, lol. You'd be laughed out of the office and, quite possibly, out of your job.

MDAC takes less than 10 mins online to fill out. Confirmation is instant.

Charlie Brown, my main man.

What is the difference between a drug dealer and a farmer burning his crops? One is lighting up a joint while the other is lighting up the joint. (Thank you ladies and gentlemen, I'll be here all week. Please remember to tip your servers and bartenders.)

What are you Smokin', Joe?

Pink Floyd Yes (esp. Close to the Edge) Marillion (esp. Misplaced Childhood) Pearl Jam

I'm not sure why anyone is doubting that "assessable" is in the Thai tax code: "2.TAX BASE 2.1 Assessable Income Income chargeable to the PIT is called “assessable income”. The term covers income both in cash and in kind. Therefore, any benefits provided by an employer or other persons, such as a rent-free house or the amount of tax paid by the employer on behalf of the employee, is also treated as assessable income of the employee for the purpose of PIT. Assessable income is divided into 8 categories as follows ....." https://www.rd.go.th/english/6045.html

Good for you, Skippy. I have no need to visit a Thai tax office as I'm not required to file a tax return. Run along now, m'kay?

Not accurate. (I suspect it depends upon which DTA you reference.) The US/Thailand DTA specifically mentions "government service" pensions and "other similar public pensions". "Subject to the provisions of paragraph 2 of Article 21 (Government Service), pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. Notwithstanding the provisions of paragraph 1, social security benefits and other similar public pensions paid by a Contracting State to a resident of the other Contracting State or a citizen of the United States shall be taxable only in the first-mentioned State." https://library.siam-legal.com/thai-law/u-s-thai-tax-treaty-pensions-and-social-security-payments-article-20/#:~:text=Article 20%3A Pensions and Social Security Payments&text=Notwithstanding the provisions of paragraph,in the first-mentioned State.

No. There is a large swath of AN members who can't wait to file tax returns, even though they probably aren't required. Chalk it up to fear, illiteracy, and a guerilla marketing scheme by for hire expat tax advisors.