Presnock

but housing, food, medical, uniforms, and education credits besides.

US has the same problem with Mexico and those countries south of there. The US also has been paying billions of dollars to those countries from which them immigrants are fleeing - the money supposedly is to increase benefits for those very migrants but, it must not be getting that far down the train. This is one of the reasons Harris lost the race to the White House, but there were many other reasons too. Trump has been promising to inform Mexico immediately that this will cease and that illegals will be exported! cost estimate to export them reported as $315 billion!!! Have to borrow that too.

is only reactions of expats.

chn ChiangMai interesting examiner article last couple of days.

don't forget the "magic" pillow!

not only the RFK jr bit bit ILON to cut benefits programs throughout the govt saying it is going to be rough for some people. They also have the famous Project 2025 where all the govt employees that do not worship Trump are out of a job. replacing all supervisors unless an oath the the Orange one. Seems to me as an American that Putin the puppeteer is manipulating some strings! My opinion anyway.

Yessir lived here in BKK 1976-1979 and it flooded big time every year. at most large intersections within the city, small boats would ferry people across the intersection. We still survived and still went to work daily.

If your income is a pension then hope it is specified in the DTA with your country as to which country can tax. Some funds not taxed by your home country probably will be taxable here. I fortunately have a very basic financial situation so no matter what they do with the new scheme, I shouldn't be affected but after all TIT. Plus if Trump wins tomorrow, Ilon or RFK, jr have mentioned that benenfits will be cut and many will suffer (just like billionaires, cut the funds of the middle class and poor and give bigger cuts to the rich and their businesses that since his last cuts have been making record profits while even though the news says inflation in the US now is only 2.1% yet no prices have come down at all, and some are still climbing. Good luck citizens of the US tomorrow, I hope you get the best for you and the country. Records that they can automatically get or request are not that detailed from what readers of the CRS and FACTA have mentioned. The tax agencies don't seem to be in a better knowledgeable situaion either att and hope it all becomes clearer soonest. expattaxesthailand.com/tax-info-webinar

If your income is a pension then hope it is specified in the DTA with your country as to which country can tax. Some funds not taxed by your home country probably will be taxable here. I fortunately have a very basic financial situation so no matter what they do with the new scheme, I shouldn't be affected but after all TIT. Plus if Trump wins tomorrow, Ilon or RFK, jr have mentioned that benenfits will be cut and many will suffer (just like billionaires, cut the funds of the middle class and poor and give bigger cuts to the rich and their businesses that since his last cuts have been making record profits while even though the news says inflation in the US now is only 2.1% yet no prices have come down at all, and some are still climbing. Good luck citizens of the US tomorrow, I hope you get the best for you and the country. Records that they can automatically get or request are not that detailed from what readers of the CRS and FACTA have mentioned. The tax agencies don't seem to be in a better knowledgeable situaion either att and hope it all becomes clearer soonest.

If the winning candidate did not cry "foul" and adhered to the US constitution, there would be no problem as it is supposed to be a "peaceful transition of power". In other elections, the loser cried foul but the investigation found no evidence of foul play so the changeover was peaceful. However, the new generations of Americans seem to be willing to listen to lies and accept them as truth, but I sure don't believe anything that politicians claim since I started voting age - I'm 77+ nowadays and that is correct, I don't believe hardly anything claimed by a politician - US or elsewhere!. Trump was schooled IMHO by Putin's propaganda team and he has about half the US electorate falling for his lies even when blatant and easy to check. Scary situation beginning tomorrow! even if Trump is victorious - IMHO don't really know which is the most dangerous!

says the family of the deceased patient decided not to file any charge - shouldn't even be up to them as it is a traffic and civil violation and the police should find and charge the individual.

well so far all we know is that we need to get a Thai tax number if we have assessable income remitted or earned if we are tax residents here and need to file before the end of March 2025. Supposedly new tax forms would be issued by the revenue department this month or next month.Other than that we know nothing else. But if your country has a DTA with Thailand you should be familiar with the contents based on your financial situation. Nothing is very definite here except changes...maybe even a new govt soon.

but that is exactly why, no evidence of any fraud, courts will only act if there is evidence as they too must follow the laws of the land.

For the 2020 election, the Republicans sued for fraud in over 60 cases - all proved to have no evidence and some of the judges were even Trump judges. Trump is already claiming that if he loses it is because of fraud as he is the most popular!

I agree, 35% is a lot more than my US tax on my pension and that pension is guaranteed for life - all that I have paid for here, could be gone like previously mentioned - stroke of a pen on a new interpretation of a law or maybe after they join BRICS too and turn away from the west totally. My opinion anyway.

well Trump has claimed victory already and says "if I am not elected then this is a fake election due to corruption" and unfortunately his folks are buying that claim. Just as many Republican elected officials in 2020 also still claim that election too was fraudulent when over 50 court cases (some with Trump judges) could find no credible evidence of any fraud. Already there are news reports of fake videos about fake voters this year. Trump and his lies have made too many people believing in even more lies and amazingly, none of the people have any actual proof. Scary to say the least for this old man. I have not been a believer in the presidential skills of too many of the winners over the past 50+ years I have been eligible to vote. Rich and powerful organizations determine who we will vote for and therefore they are unfortunately the receivers of more benefits than JOE CITIZEN, especially the middle class. IMHO anyway

The change(s) in tax laws are showing up in other countries too, the reason is the OECD 2023 agreement on exchange of financial data between 130 plus countries, some use CRS, some FACTA and what data is exchangeable is still not totally clear it seems to all. Yeah, Thailand has had a dismal tax collection from its own citizens who are targets and as a result of the changes within the revenue department, expats are seen as a possible lucrative source of funds too. This is show up possibly in the next year or so but, TIT and who knows if this govt or a more strict govt will be in power so...good luck to all.

However, if one earns any income within Thailand they too must get a Thai Tax ID and file whether they stay even less than 180 days in a calendar year.

that is the purpose of the OCED agreement, CRS, and FACTA agreements on exchange of financial information. Immigration will know when you pass 180 days and probably have set up some kind of computer exchange with the Thai Revenue Dept We have yet to see any final information on tax schemes affecting tax residents or those earning income within Thailand. We still wait...

HMM interesting! I will continue checking around to see what I can find.

yes that is what the webinar stated but they also said CSR could allow Thailand to access ATM and CC and we have read that isn' so. Anyway they have that webinar on the website and about many DTA's also. Access is free. BUt most is exactly what we have come to accept. Have a good one..."winter" appears to have arrived further north.

that is what one tax agency is saying also, even says that if you go to the local revenue department office and explain that to them, they won't even give you a tax id number and will tell you that you don' have to file. Unless some different RULES from the revenue dept come out, I don't plan on doing anything at all!

not a tax-free pension unless specified in the DTA which overrides the ThaI TAX LAW.

according to the expattaxesthailand.com agency, unless your pension is specifically mentioned in the DTA with your country, then Thailand will be able to tax it even if your government does or does not tax it. Maybe something about tax credits. You can check free with that agency.

I corrected the webpage..as I made two mistakes in that original one. Sorry! Never been a link-er . https://www.bangkokpost.com/business/general/2894662/board-of-investment-eager-to-dull-minimum-tax-pain.