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Presnock

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Everything posted by Presnock

  1. believe that the TRD will require some kind of govt document showing pension exemption or LTR showing BOI definition of exemption.
  2. If however, the TRD gets enough info from you local Thai bank about remittances, they can easily ask you why you didn't file - you then should have made plans to provide proof of the non-assessablility of your remittances. Easy in my case.
  3. Well if one wants to file a tax form here, they could probably jump through enough hoops to file even with no chance of getting a refund. As the saying foes here -"be my guest" and enjoy.
  4. The more confused the tax agencies can make the tax filing situation, the better chances of them getting one's filing business.
  5. Duh, if you have no assessable income, can't obtain an id number from the TRD then how can you file a tax return? Rule number 1 if you haven't read it in the rules of getting a tax id from the TRD says you must have assessble income...
  6. This has been batted back and forth from single page day - In trd english, it states rule #1 obtaining a Thai tax id number in order to file taxes here, one must do so within 60 days of remitting/having assessable income in Thailand. I do not nor will I have any assessable income by definition so I cannot supposedly obtain a tax id number without possibly fighting for it so I will not since like I said I don't have ny assessable income here - Ionly have a US government civil service pension whick can only be taxed in the US and not elsewhere through the DTA between Thailand and the US (and possibly other countries too but I don't read other countries as nothing there pertains to me and my situation. Unless there is other changes to the tax Act, I also have an LTR which was advertized as not being taxed on my "foreign" income. So, based on these documents, my feeling is that I cannot nor should I ever get a tax id locally unless the Thai/or US govt changes their interpretation of the tax law. Once that happens and the revenue department advises me and the public of these changes (just he notification from these offices could take years based on this year's notices) and says that ALL foreigners must obtain a tax ID and file the correct tax forms, then I will consider my options.
  7. khunHeineken - another one to ignore for sure. Poeple just do not undertand that this is an opinion form where each of us can expressour thoughts on any subject, i.e. the world wide banking or local taxes or whatever when for sure, Pichai and Co. just seem to be holding back. GUess some powerful people in the parliament don'l like that idea. Maybe it will go along with the negative tax rate where those paying more will donate to the poorer ones. still express my opinion on this subject although I won'tbe affected due to my income and the LTR visa. Anyway hope allhave a great weekend and enjoy the "cool" weather.
  8. Repoert says that Biden has ordered the military to help in that situation
  9. Yes I agree but seeing those intl articles being disseminated at the same time that the proposed ACT of the 15% corporate tax obviously from the text, included the worldwide income tax to begin also at the beginning of 2025 but as we know, the worldwide was scrapped and only the corporate tax became the approved Act. I guess they will continue working out the details of the next tax scheme which will either be separate or inclusive of the negative tax and worldwide income taxation but who knows how long that will take and seeing Pichai in the news so often where he absolutely says nothing of any real substance drives me bonkers even though I realize that nothing that they come up with will affect me financially, but in the future may impact my wife and daughter so am interested in that respect. I do appreciate your willingness to continue answering the same questions from so many AN users that just haven't kept up with the tax issues over the past 2 years or so. Take care and good luck.
  10. for CM - not sure if you read my two articles reported by the ASEAN news and the African news: these two organizations reporrted to their readers , one on 16 Dec and the other on 19 Dec and it was about that new ACT on taxation including in their articles, that the 15% corporate tax was in effect and that the new worldwide income tax was also in effect a this was the act being passed by the parliament and it meant according to both news agencies, that the Thai govt wanted to implement both the 15% tax and worldwide income tax by 1 January of 2025 but then, I guess some folkks within the parliament did not agree on the worldwide implementaion on 1 January, only the corporate tax. I can only believe that the finance people indicated to these international news agencies that the Act would be passed in total. I continue to watch for any retractions or changes to their stories. In any case, it does appear that soe folks want the worldwide income tax to fit in with the negative tax program favored by Tak... it seems. We'll see and hear maybe something soon but even today Pichai talks longwinded but hardly says anything new. Have a good one...
  11. well I did pass on to this forum last month, ASEAN news and Africannews did an article about the tax scheme which they thought had been approved yet it turned out that only the corportate portion of the Act was approved by the parliament.
  12. US probably just matches FBAR with any FACTA info to see if they match or not...but since Thailand only signed on to FACTA a year or two ago while it has been around since 2014 I think.
  13. Like I said earlier, within the trd english version there is a lot about the "tax Paid" certificate to exit the country or extend one's stay so it would not be any problem for the revenue folks to pass to immigration once again, the need for an expat to have that certificate for any immigration exit or extension of stay. The link for the Thai revenue dept has been put on this forum numerous times so just google it.
  14. when I was applying for my LTR and submitted several pages of the current insurance for over seas customers, it stated that for hospitalization the coverage was "unlimited" but BOI wouldn't accept that and I asked the insurance company for an email stating that the coverage was at" least 50K USD for hositalizaton" and the insurance co wrote back immediatey that very quote. Also as it is a govt sponsored insurance co, there is no end of policiy written until one leaves and they explained that too in the letter so the BOI put the expiration date 10 years from the beginning of the visa. WIth those insurance questions satisfied, it took 2 weeks to get final approval.
  15. sometimes many exchanges sometimes quiet. Literally thousands have taken advantage of this visa - they cut the price by 50%, now only 50,000 and like they say 10 years, no 90-day reports, can go in and out of country as you please. Can do everything literally from your own computer without having to go to banks or get any other documents. Just upload to the BOI and their staff are really helpful. Some feel they are too demanding, but they only need certain data that the screeners can pass to those approving them. For mine earlier last year, less than 3 weeks to get it! I believe those that have it think it is the best for the least cost. Fits me to a tee so to speak.
  16. Yeah I was a civil service employee and had one of the govt insurance co. so kept that as I retired, expensive as I have never used it for myself or wife but daughter did have some event...price keeps going up but soon daughter will depart from that policy and then wife and I can basically cut the price in half. Daughter will be yuoung though so cheaper policy anyway. Not sure if Trump & co. want to change any of these benefits to save money ..
  17. My friends paid out for their treatment and were pleased with the actual costs.
  18. Well, based on some of the stories, as we know, many locals are from China and still have relatives there or people there wanting o purchase property (including land) . Some farang spouses or co-habiters with a Chinese connection have indicated purhasing many properties for these Chinese folks. I met some of them coming to my new mooban - about 50 Chinese on a bus! I was doing my daily eveining walk and they stopped me to ask all about the mooban but...I passed speaking Spanish to them instead of English or Thai so they walked away. But I have seen several Chinese move into some of the houses - some from HongKong as they grew tired of the rhetoric from Beijing., Fromwhat I read, The northern part of Laos is now an extension totally Chinese! Thailand might become that too.
  19. well one of those fell off a ladder that collapsed (if yu hae ever seen them you could understand why they collapse - anyway he broke his leg right at the socket of his hip plus some other problems so needed emergency response. He got that and at first was worried until he chatted with the doctors after the xrays showed the damage. they explained that at his agfe he might not get 100% total use again, several screws in the socket and within less than 6 months was fully recovered! cost was really cheap and he was super happy that he didn't go to a private hospital. In addition several that have used government care, they indicate that several of the doctors work not only at the government hospital but the private hospitals too. They never complained about any waiting times. I think that may depend on the locations in relation to larger cities or not. But like I said Ionly have 2nd hand knowledge and my insurance covers totally in a private hospital so that is where I go or take members of my family for treatment. Always has been great care and covered by the policy so lucky in that respect.
  20. several friends here have used the goverment hospital for some serious health events/accidents and have praised the service that they receive at a much lower cost than the private hospitals. Just saying as I haven't had that service myself.
  21. that is why I did not link any specific site, there are wat too many to begin with and people who are actually serious should read a lot of them to see the different sides of protein needed. One has to consider one's age and lifestly to begin with, then choosing a particular source not an easy game for sure. Good luck to all and good health.
  22. Yes, correct, I personnaly do 18/19 hours daily, never hungry and weight after 4 kilos lost (3 inches on stomach) has stabilized for 4 months now. But, I also have read that after a certain amount of time fasting, if one chooses a certain time every day, then the body will alter the burning of fat time and one might begin gaining weight so alter not the time of fast but the daily time of the fasting. Can easily do by skipping a meal regularly., Some folks actually fast for 7 days, 3 days instead of just hours. Learn to stay away from extra sugar on anything or any sugar at all. best dieting books available are those of Dr. WIlliam Li - eat to beat disease and eat to beat your diet. Not a straight out diet book but about all healthy foods - luckily all seem to be available here in Thailand.
  23. google "how much protein does one need" there will be numerous sites providing you with the amount of protein based on age, health, lifestyle, diet. There will be sites providing protein amounts in various foods, i.e. fruits (very little) veggies, meats, seeds, etc so you can plan what to eat when necessary to have more or less protein.
  24. yeah every year it only seems to worsen as they claim that they are doing more each year to stop it! Sirta kuje sine if the other promises we fail to see them keep. Oh well, it still is paradise, just not with a capital P anymore
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