Phulublub

I have an account in the UK. I withdraw £££ and come to Thailand where I exchange for THB. I have remitted funds that may or may not be assessable depending ENTIRELY on the source of those funds. I have an account in the UK. I transfer to my Thai bank account electronically. I have remitted funds that may or may not be assessable depending ENTIRELY on the source of those funds. I have an account in the UK. I use the debit card associated with that account to withdraw THB from a Thai ATM. I have remitted funds that may or may not be assessable depending ENTIRELY on the soruce of those funds. I have an account in the UK. I use my UK CC to buy something in Thailand and settle the CC balance from my UK account. I have remitted funds that may or may not be assessable depending ENTIRELY on the soruce of those funds. ALL cases are, in tax remittance terms, identical. Before anyone comments which can be tracked (easily or at all) by Tax authorities is totally not the point. Legally, it is up to the individual to report their tax affairs accurately; what each individual chooses to do is up to them but should be totally outside any and all discussion here. PH

This - and other posts - again implies that we are the targets of these new measures; that the Thai authorities have us in their sigts as the means of raising vast quantities of extra tax. I do not believe this is the case. The measure is aimed at Thais who earn foreign income and send it home - previously seasoning for a year to avoid any tax. That we may be caught as well is merely a by priduct. Considering that many of us will have income that is wholly or mainly exempt through DTA exemptions (eg US SS, UK and other Government Service pensions) and that other income will already be taxed by "home" countries, there will be very little extra income for the Thai Government to chase, and equally for us, collectively, to pay. Odf course, there will be outliers and anomolies, but in the main - a bit of a nothing burger except for any additional paperwork needed. PH PH

It is a given that any and all income that is not remitted to Thailand is in no way laible to any form of Thai tax. If Worldwide Income comes about that will change - bu that is not the current situation. PH

Ah. Just a sound bite. that's OK then. You appear to think that suggesting that maybe injecting bleach may be a remotely good idea worth serious investigation. I will leave it there PH

In your own quotes, he DOES say...by injection inside . Just how much more clarity do you need? PH

For your education...0.45 in...

Surely not waiting for bus? Thought it was only Harris who bussed crowds in? On the other hand, they have until January 5 to vote (according to Trump in his latest Town hall) PH

Not the point (well, not my point) at all. If you are selected for audit by TRD, then the onus is on YOU to prove what you have told them (or not told them) is true. They merely need to access the records of those selected for audit, not everyone and only then should they feel the need to corroborate what you have told them. If you believe (as i do) that usign a foreign CC in Thailand is no different to transferring cash and then using that, then you need to maintain a record of how you have cleared that CC bill to support any tax return or reason for not submitting one. I have been audited by HMRC twice with no trauma so I am confident that my records will enable me (if ever selected) to be able to show the source of all funds remitted to thailand sicne 1 Jan 24. PH

If you obtain a TIN and file a return, then yes. PH

You can certainly state that - I will be doing much the same, but with the addition of non-assessable income (Government pension). BUT I have statements of my assets as at 31 Dec 23 and will be maintaining records of what I transfer so, if I am ever audited by TRD will be able to clearly show that my stance is correct, legal and I have no tax to pay. PH

1. What? A foreign purchase using a foreign card has nothing whatever to do with tax in any country. Spending is not taxed (on an individual. VAT or Sales Tax may be applied to purchases but these are done at time of purchase). The sports car will likely atract hefty import taxes/duties, but that is another matter. 2. Yes. Funds are remitted to Thailand. What they are used for is immaterial 3. Yes. Funds are remitted to Thailand. What they are used for is immaterial. 4. Same as 1. To suggest that just because I live here does not mean and and all worldwide transactions could give rise to Thai tax implications is bizarre. PH

To suggest that this might be under the auspices of Thailand is ridiculous and no-one has suggested it would be and continued discussion on this outlier would be fruitless. A (perhaps) better example and one that is much more likely to be widespread is as follows: 1. I transfer money from my UK Bank account to my Tha account. I then buy a widget using cash I have withdrawn. 2. I buy a widget and pay for it using my UK Credit Card. Later I clear my UK CC account unsing my UK Bank account. (I do this myself a lot when buying on Lazada) In both cases, money has been transferred to Thailand and the relevant information as far as tax liability is concerned is the source of the funds in the bank account. That's it. PH

More MAGA double speak: https://www.independent.co.uk/news/world/americas/us-politics/donald-trump-bible-chine-made-b2626338.html

Disagree. I can think of several ways of gaming the system, with various levels of legality. Here, we should (IMV) concern ourselves only with the law, not how or how well or how widely it is enforced, nor the possibilties of being caught. If one travels regularly, one could easily (and legally) bring in a large quantity of cash each trip and exchange here (using a local Thai friend if necessary) to leave absolutely no paper trail of remitted funds on which you might be taxed. The remittance is legal, the exchange mechanism dubious, the non reporting (if assessable income) illegal... individuals will, as ever, choose their own path. PH

I agree, in yur scenario it is not a gift. But it is money given to you in to Thailand and, as such, is income. Agree again. in both cases, it is the transfer of funds from outside the Country to inside that is the applicable event and which may or may not give rise to assessable income. PH

Not really a good example imv. You have purchased soemthing outside Thailand, using a non-Thai bank CC. No Thai tax implications and how the amount is paid is utterly irrelevant. If your parents bring £5000 (electronically or in currency) to Thailand for you it is either income (and assessable as such as it is outside any of the exemptions) or - because they are your parents - a gift from antecednats and therefor subject to 5% Gift Tax after you have exceeded the 200m THB (I think) annual allowance for sich gifts. That the money may be to reimburse for the tickets you bought is also not relevant. PH PH

Since the tat he is hawking is for a cmpaign that majors on Making AMERICA great, and bringing jobs back to America, and other similar themes, I think it is extremely relevant. If Trump truly beleived what he spouts, then surely he would be making sure all his merchandies is USA made? Please explain to me why not if you disagree. PH

Talking of reputations...can you guess where the majority of the Trump merchandise advertised and hawked by DJT is made? MAGA, Made in Chna!! PH

The remittance (for that is what it is) may or may not be assessable in EXACTLY the same way as a cash transfer from bank ccount to bank account. Why do you (appear to) find this such a difficult concept? PH

Clearly they would only deduct tax from interest, not the capital (from whatever source)...the thread of posts was more about that, but I could have been clearer in my post. PH

They took tax from my pension already and I have not been here 180 days this year Isn't the default that banks will deduct tax at source from ALL accounts and it is up to the individual to reclaim if nothing is due? PH

Indeed,,,but do you think 80 million will vote for him? PH

If most of their income goes on renting a condo here, they are going to have huge difficulties renting a flat in the UK!! PH

Made in Poland by a French Company, don;t forget PH

Like Fox News, perhaps? PH