JBChiangRai

Akio Toyoda got it wrong, …..again. First he said EV’s will never catch on, and they did. Then he said their market share will never exceed 30%. More than 30% of cars on the road in Norway are now EV’s and EV market share of new cars is 94%. https://www.facebook.com/share/p/15heypahFB/

Battery swapping makes a lot of sense for taxis. We keep the phone numbers of grab drivers running EV’s. The airport run is much more relaxing in an EV.

I suspect it doesn’t matter where you bought them as the capital gain is triggered when you sell them.

If it has a chanote you can get the appraised value online. It's all in Thai, so I'm assuming your wife will need to navigate it.

Chirp Chirp

AI just gave me this when I asked if the crypto tax holiday has been published in the royal gazette… Thailand's Royal Gazette has published details of a five-year capital gains tax exemption on cryptocurrency trades conducted through licensed exchanges, starting January 1, 2025, and lasting through December 31, 2029. This exemption aims to foster a more robust digital asset ecosystem by encouraging trading on regulated platforms. Key Points: Exemption Scope: The tax break applies to capital gains from cryptocurrency trading conducted on exchanges licensed by the Thai Securities and Exchange Commission (SEC). Duration: The exemption is in effect from January 1, 2025, to December 31, 2029. Purpose: The goal is to attract investors, boost the digital asset market, and establish Thailand as a leading crypto hub. Regulatory Alignment: The move is also intended to align with anti-money laundering standards and promote the growth of the digital asset sector. Impact: This exemption is expected to generate significant revenue by attracting more investors and encouraging trading on local platforms. Additional Information: The Thai government expects the tax exemption to generate over 1 billion baht in annual revenue by stimulating market activity and attracting foreign investment. This initiative is part of a broader strategy to create a more favorable tax regime for digital assets and promote Thailand as a digital finance hub. While the initial announcement was made in June, the specifics, including the exact wording and implementation details, were published in the Royal Gazette.

Where do you draw the line? How much is too much? For a watch? A car? A boat? A plane? A house?

Yes

I just want to come back and spend time with my grandchildren, I have no interest in politics anymore

Carney has impeccable character, he used to be the Governor of the Bank of England. Regarding Trump holding all the cards, he has shown his hand. With all due respect, Mark Carney hasn’t shown his cards yet, he’s still dealing his hand in the background with America’s previous trading partners. IMHO, this is the calm before the storm.

CEO of FORD admits China EV quality is superior to FORD https://www.facebook.com/share/v/1KJDNh3dQX/?mibextid=wwXIfr

You haven’t seen his cards yet (to use a Trump expression)

You can make a lot of money with watches. 20 years on the waiting list, you pay under ฿2 million and sell over ฿7 million

Thai exporters better turn around any cargo ships heading to USA that departed in the last week. Trump wants a tariff to correct perceived past injustices, so even offering no tariffs won't work. Leaving BRICS will help, in any event, IMHO you can't achieve anything better than what Vietnam got.

It sounds more like an insurance scam to me. You would never leave an expensive watch at a courier. That watch probably cost about 1.6M baht, but that one and others can be worth a lot more 2nd hand because they are like unobtanium new. Here’s a couple of watches, if you know, you know…