
Presnock
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Everything posted by Presnock
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Yes, but also read the Thai tax laws about getting a tax ID number, which is a must prior to filling taxes and if one has no assessable income, one doesn't have to get an ID number nor file a tax form. I only get a US government pension and by the DTA with Thailand that is taxable only by the US government which it has done since I began drawing on it 20+ years ago. I too have an LTR and would be very interested in anythiing that the Revenue Department provides some clarity about this visa and others. Would appreciate it greatly if you keep us informed of your progress in this matter. Have a good day.
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Yes, Thailand's financial picture is not pretty at this time for sure, the TRD and Immigration and others are being told to find tax moneies somehow, especially on foreigners as they are easy to control targets. Therefore, at least during these first couple of months/first year of the new interpretation of the laws, the Thai workers will most likely be told to be STRICT in the following of the tax laws. Best to be safe instead of an example of what could follow. MY opinion only of course but I feel protected by the current interpretations being presented.
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The way Thai immigration laws read (in the benefits package of the BOI LTR) it says that requirements/qualifications for issuance of ANY visa must remain valid throughout the entire time limit of the visa. Just saying, though just like the LTR no one is going to be checking it as one could go out of the country at any time and just check in at any immigration office for stamping in.
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I once worked at Dupont in Seaford Del. home of Biden, never had a co-worker, most from Delaware, ever say anything good about Biden, I have noted that many times and stated also that I have never been a Democrat nor ever voted for a Democrat in my life (77 year-old). But, that doesn't mean that I am a fan of Trump either - never have been and after working as a govt employee would I work for Him or Hillary either. Such is life as I understand it and this is my opinion of these candidates for this election. Glad I am retired for sure!
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and this is exactly why the 138 countries signed that agreement in July 2023 - too many people not paying taxes on earned income to any country. Of course it wasn't the only reason but is one of the stated reasons, money laundering and other corruptioon. As for Americans, we cannot escape the IRS no matter where we make money legally...even Ben Franklin over 200 years ago made his famous quote "in life there is no certainty except death and taxes" or words to that effect.
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It is the way the US representatives wrote the DTA for the US people in Thailand - same with the LTR, it is open for anyone meeting the qualifications, even with just a US govt pension I qualified and got it, not knowing if the LTR benefit of no taxes on remitted monies or if the DTA would still be primary taxed by US govt only, covering both cases as after all TIT. Who does know what will be the next program...unless the economy picks up, unless the TRD garners more than they hoped for, or if there is a new govt or leader...TIT rules.
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remember it well and knew the reason that Trump wanted to keep it an issue for the election - any possible support he is willing to sacrifice anyone and any laws or problems just so it benefits him personally in my opinion anyway.
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AMEN to that but even then PB was expensive espeically compared to Pacific Grove, Old Delmonte right around the corner as well as those Military courses at really cheap prices. Loved it but couldn't afford to love there later.
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Yeah also saw that on the Mexican border every morning are some 600K US workers heading to their jobs in the US - they can't afford homes in Calf or areas near the Calf border. I lived on 17-mile drive for a while but at the end opposite the golf course.
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Yeah, maybe they see other countries too that vote in a particular party candidate - then the parties won't make him the leader or the military could just not like the results. It has been this way since I was first here in the early 70's. Yeah, I was in the PI and at the embassy when Marcos fled to Hawaii. I think they said over 600K protesters in the streets prior to that fleeing.
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Yeah, I just recently saw a news clip that indicates that there are no homes in the SF area under 1 million US dollars - criminal!
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Most of those problems have been around for a long time and I don't feel either of these two candidates will be able to fix them but always hoping that someone will jump out there and drive them to it.
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oh from California - even more telling. I liked California but only for touring and weather (Monterey Peninsula and golf! But could never live there full time - not only due to finances though.
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That is why too, that Biden refused to step down - he wanted the nomination in 2016 when he was younger but the party decided to put HC in and he has been po'd ever since. Hillary had too many skeletons for all the dems to vote for her in my opinion - that is why I wouldn't vote for her but I hate Trump too because I do not feel he has America as his true goal - too much for just himself. Too many elected officials in the US feel the same way, just want to get what they feel is their FAIR SHARE of the riches.
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probably close to the same % between Hillary and Trump though she won the popular vote but too many dems voted against her so Trump won.
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I do agree that the candidates are bought by the rich and powerful in the US...but Bernie is useless, never had a bill ever passed that he introduced in all his years on the government dole. Is now ricjh from his years in government. The above problems are all true but there is no way any politician today will even try to fix any of them. My opinion anyway.
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AN just recently they were moaning about how bad the economy was and lowered the projected GDP growth for the year. Money fleeing the local market faster than ever. Were really positive that the 10K giveaway would drive the economy and now others saying it will be a flop. The people here must get tired of the ups and mostly downs from their government. They certainly deserve better in my opinion.
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Besides the point, she is NOT DONALD TRUMP! Pick a great VEEP and should scare Trump into making even more errors in judgement in my opinion anyway.
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Legal Strategies to Reduce Thai Tax
Presnock replied to Mike Lister's topic in Jobs, Economy, Banking, Business, Investments
WHile this is a tax agency, it seems to cover quite a bit of ground on this issue and would be better than just guessing by hundreds uh thousands of folks. -
To all you Thai speakers out there!
Presnock replied to bob smith's topic in ASEAN NOW Community Pub
I agree with most, if I am with my wife, a Thai, I usually just keep quiet and listen. She knows I understand and could speak but says just act like you don't speak. If I am by myself I usually chat with them and they become much more friendly while chatting about everything. -
thanks a lot, but after a few thousand years what difference does that make as it is still one of the best manmade veggies for one's health.
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Funny that as in the US many states require that during daylight hours and some it is just if it is raining during the daytime but then again TIT and itis a safety issure