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Ebumbu

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Posts posted by Ebumbu

  1. 33 minutes ago, JimGant said:

    Well, you'll continue to pay Thai taxes -- on those remitted incomes the DTA says are primarily taxable by Thailand. But, yes, those Thai taxes, in the form of a tax credit, can be deducted from the US tax bill on the same income. Assuming US taxes on this income are higher than you paid in Thailand, your total tax bill, between the two countries, would be the same as if you didn't have to pay taxes to Thailand. But, now, Thailand gets to keep all the taxes -- and the US takes a hit equal to the credit. Fair is fair.

     

    Here's what I understand so far: I am only taxed on money I bring into Thailand each year. What stays in the States is not taxable by Thailand. Is that right? 

    Let's say if I bring 1M baht into Thailand next year to support myself. I pay taxes on it to Thailand. But, if I want to deduct that 1M baht from my US taxes, it has to be earned income (from work) and not money from interest, dividends, or capital gains. Am I on the right track? 

    If most of my income is from investments (I'm retired), and I bring that over to support myself in Thailand, would I be unable to deduct those Thai tax payments from my US tax return? I think so. But, not sure. 

    Is there a link to an easy primer on this stuff? Thanks.

     

  2.  

    4 hours ago, WingFat said:

    Americans get a foreign tax credit on their US taxes for taxes paid in a foreign country, so no change for them. I don't know about how it will work out for Eritreans.

     


    Am I understanding you correctly? Did you just say that Americans like me can deduct any taxes paid to Thailand from their US taxes? If I bring in a million baht from the US and pay Thai taxes on that, the Thai taxes will be deductible from my US taxes? If so, that effectively means I'll continue to pay no Thai taxes. Am I getting it right? That would be a relief. 

  3. 1 hour ago, JimboB4 said:

    Which in reality doesn’t affect anything about the plant unless they’re going to send out inspections on millions of people’s plants and farms. 🤣. This is just more talk according to my shops no changes. Even if there were you’d be able to get a medical certificate at the shop like before in 2019 and 18 if I remember right when it was still a narcotic then. 

     

    Did shops sell medical-grade flowers then, or just the liquids? The liquids and edibles are useless to me. Hopefully, nothing changes except I need to buy a license. 

  4. On 5/11/2024 at 8:19 PM, advancebooking said:

    The solution to the problem is to only have medical cannabis distributed by clinics in Thai government hospitals throughout the country. Close ALL other retail shops

     

    Its the only viable solution. The government should pay compensation to retail shops when closing. End of story. 

     

    Thoughts?

     

    Agree. And hospital beer bars are the only viable solution to alcohol. 

     

    • Haha 1
  5. 2 hours ago, Bangkok Barry said:

     

    I don't understand this statute of limitations nonsense. If a crime has been committed then keep going until a verdict is reached. Why do cases have an expiry date? Suddenly the alleged crime doesn't count anymore? Time's up. Nothing to see here. Move on. Red Bull guy next, only one more charge against him to go before he can arrive back in Thailand with a huge grin on his face., free as a bird after allegedly killing a cop. No court necessary. On your way, son.

     

    As time passes, it becomes increasingly difficult for the accused to mount a defense. Witnesses might be unavailable, and memories might be unreliable. A statute of limitations protects the accused from having to defend themselves against stale claims where reliable evidence is longer be available.
     

    Statutes of limitations encourage law enforcement and prosecutors to act swiftly in investigating and prosecuting crimes. They promote efficiency in the criminal justice system and ensure that cases are resolved while evidence is fresh and witnesses are available. The constant threat of prosecution (that never arrives) or the burden of defending against decades-old accusations would be unfair and punitive to a defendant. 

    • Like 1
  6. 34 minutes ago, RobU said:

    JosephBloggs explained it correctly. The violent and dangerous bully needed to be reined in and this was the quickest way to do it resulting in his deportation back to America. The hotel will recover it's reputation since those people who stayed previously know that he lied. He had to be stopped. 

     

    When hotel reviews are criminalized, only criminals will visit hotels! 

    A violent-and-dangerous Yelp bully? If not said ironically, it's pretty funny. 

  7. 6 hours ago, 2long said:

    Is it possible that the driver

    - made a mistake, and actually took 1,000B thinking it was 100B?

    - saw that the Brit was drunk and possibly new to Thailand, and scammed him?

     

    That's what I was thinking, but figured I might get flamed. We have no evidence that 1000 baht wasn't actually given. The tourist seemed to believe he was cheated. Who knows? The hitting was idiotic. 

    • Like 1
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