Everything posted by Presnock
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Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
yesd you are correct, still under discussion - same as it was last year when they started talking about it...doesn't seem to have made much progress yet and now the govt might change in the near future without ever passing any legislation on this issue.- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
nothing has even been approved yet, they are still "under discussions" so who can even predict when something might come out.- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
Yeah, usually the rich and powerful in all countries know how to avoid paying out their money.- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
Yes that is the current rule of law here - who knows what the next version will include?- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
I have yet to see anything official that makes any change to current taxes must be paid on remitted income from overseas. We continue to see a re-write of the articles but I have yet to see anything different other than "still under discussion". It you took this article and thought that it spelled out that expats might have to pay taxes on ALL foreign income if they remain in Thailand for more than 180 days, because that is what this article says while Thais will be allowed to bring money in from overseas without having to pay tax. We ust have to wait until all is published in the gazette when it will then count and be much clearer (I hope).- Income tax on foreign-sourced earnings within this year
I find that last line to be a joke...what year will the bill pass?- Will Trump's "war on facts" eventually catch up with him?
That is how they know he is lying - when he opens his mouth to breath..and speak.- Lived in Thailand longer than any other place in my life!
I agree, from the US too, contact regularly - I have been retired here since 2005 but in Thailand for more than 30 years - based on my conversations with friends and relatives in the US, I definitely feel like I am in paradise compared to life there for too many people.- Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule
Yeah, reading the text as usual seems to have different variations of meanings. It says no taxes on foreign earned income for Thais then says for those stayin 180 days taxed on all income earned. Just like all the other notices from the revenue dept, who really knows what the final outcome will be nor when it might appear. My opinion anyways after reading so many of these notices of a possible tax change.- Is this forum dead?
A lot truly needs to be asked if one needs info. I see daily that people do provide some visa info be it re yearly extensions of stay, or whatever but many times there just is not enough info provided for the particular need.- Lived in Thailand longer than any other place in my life!
do you qualify for the LTR? 10 years, less paperwork, easier paperwork IMHO, do all online with BOI who have a friendly staff.- Will Trump's "war on facts" eventually catch up with him?
But, you miss the point, he THINKS that he is just that! IMHO- Will Trump's "war on facts" eventually catch up with him?
Yeah, his promise to drain the swamp...I note regular reports in all media say that his family's wealth has more than doubled since he took office. He said in April that he would sign a bill prohibiting congress people and their aides from buying stocks due to the insider trading laws. In 2012 a bill governing the congress and stock buying was signed but has totally failed. A recent bill prohibiting stock trading and congress/aides was passed by the Senate but now DJT is slamming the sponsor of that bill. I get it for sure, he is the SWAMP. IMHO anyway.- Will Trump's "war on facts" eventually catch up with him?
well, I and my friends predicted that his statement that he would end the Russia/Ukranine war within 24hours after becoming president or even possibly after he would win the election and BEFORE assuming the post in January. We note that the war still goes on with the Russians sending more and more damaging missiles/drones onto civilian targets for the most part. IMHO he will pardon Epstein's girlfriend too probably after she said that if he pardoned her she would not mention him whenever she talked about the island's young ladies. I predicted this prior to his lawyer talking to her in prision before they moved her to a lower-controlled prison against all the rules governing that kind of move.- Is Trump actually doing a better job than you expected?
Well based on the conversations that I have with friends and family in the US, life is not so great anymore. Costs of everything needed they say have risen beyond what the average citizen can even afford so they have to cut out either health insurance (mine from a big US company has increased premiums almost 30% in the past two years without any claims). The market is moved by Trump's call for or reverse of tariffs while some of the congress folks use this to purchase and sell stocks and get even richer - right now they are debating whether to even floor a bill to outlaw insider trading by the Congress people. Most times when they try this, they can't even floor the bill let alone let folks vote yea or nay. I read that jobs of paying any fair salary on which to live/ buy a house/ foods, health care, etc are scarce and getting less and less as people now are moving out of their particular area or even out of the country so that they can survive. Scary situation for many IMHO.- The SCOTUS just dropped a hint on Voting Rights...
It's all rigged IMHO anyway by the Superpacs that provide funding for those running for re-election anyway and even from different partys, seem to vote in favor of the issues of the rich and powerful every day!- Will Trump's "war on facts" eventually catch up with him?
yeah, about him trying to change history - trying to get the Smithsonian Institute to delete the impeachment tries during his first term plus to help keep him out of harm's way he appointed 3 to the Supreme Court and we see how those three vote on different issues, opposite of what they swore to uphole during their conressional hearings. The nation and its citizens seemed doomed since he might be around for more than 3+ years to go. MHO anyway as it looks scary to me and to those in the US that I communicate regularly.- Pelosi Refuses Questions About Insider Trading
IMHO as an American and those in Congress or other elected officials, they know they can get rich off of insider trading, thus it has never been possible to pass any legislation against it even if the bill could be floored for a vote. This is blatant corruption in any language or workplace that has access too business dealings and the law. Once again it will be dropped by the wayside. Sorta like term limits on those teat suckers.- First Non-O Spouse Visa Extension in Chiang Mai
If they want a 90-day report done, the immigration "advisor" under the tent will tell you to walk around to the 90-day drivein window and they will do one for you right then. Some of the IO's like to have a copy of every page of your bank book too besides the bank documents. My bank in CM knew what the IO wanted from the bank and they always prepared what I needed for that visit to immigration.- Do I need to file taxes for year/s prior before I start SS?
Not enough info to make a judgement but better to find a tax consultant to provide you with some accurate info.- Kind of Ugly Jobs Report
lack of hiring? from the news, 150K fed workers took advantage of Trump's call for them to leave voluntarily, plus he is closing some of the agencies, especially ones that benefit the citizens. Listening to folks in the US, the economy though supposedly booming at 3%, everyone is finiding it more difficult to survive on a daily basis. Scary from what I read from friends throughout the country.- British Expat’s Roast Hunt in Thailand Goes Viral
Well as an American, I find it difficult to praise the foods from the the UK/US as those diets have created nations of unhealthy citizens, eating fattening fried foods but just like opinions, people have diets that they like to eat, unfortunately, those that eat healthy end up paying for the health care of those that eat unhealthy diets through hospital and health insurance costs IMHO based on my lifestyle and from a multitude of health writings.- US Welcomes Qatari Gift: Fiery Debate Over New Air Force One
since a majority of the voting public cast their votes for him so I think that shows all just how stupid people can be.- The alarming mental decline of Donald J. Trump -- watch this space
if you would check the ages of the US congressional folks, you would see that many are in the same age group as Trump, some older but only a few younger. These are the folks supposedly making laws for the nation and how money is spent by the government. Scary right? - Tax Break Bonanza: Thais to Benefit from New Foreign Income Rule