JBChiangRai

I think the issue is the tax-point when the gift changes ownership. If that is in the UK (that income has already been taxed in the UK) then it shouldn't be assessable income in Thailand, if the tax-point is in Thailand, then it's assessable income of the donor. What about the scenario where there are two Thai tax residents, who also have accounts in the UK and one of them sends a gift from one to the other across UK banks. It's never remitted to Thailand, the receiver could later bring it in claiming gift allowance maybe 2 years later. I can't see a liability on the giver.

In the third scenario above, assessable income is not assessable until you bring it to Thailand. If you gift it overseas, tax has already been collected there, and you never bring it to Thailand so I'm not sure that this can be assessable income, unless there is some specific clause for this. I think the whole purpose of the gift provisions is to allow wealthy Thais to avoid tax, this would seem to make it impossible for them to do so.

What do you mean by "in the third scenario?"

I should add, I favour a dual strategy. I will sell them overseas and remit FIAT to Thailand in the same year I will be non-resident for Thai purposes. The reason being, transferring millions of baht here by bank transfer is likely to be looked at than selling millions in Crypto. I would rather not even be looked at, even if I am non-resident that year. Tax people can feel that once they start looking, they need to find things and just don't stop.

I am in a similar situation. What I should have done is bed & breakfast them at the end of December last year (sold them on an authorised Thai exchange and bought them back) thereby setting a purchase price for the future so that if I sold them later on a Thai exchange my tax liability would only be on the profit from 31/12/023. Thai exchanges do report details to the TRD and I would be extremely surprised if they don't look at large sales and cumulatively large sales. It's easy pickings. You are probably better selling them overseas and making a decision on what to do with the FIAT currency you get for them afterwards. Alternatively, sell them early in the tax year and spend less than 180 days in Thailand during that tax year.

Clearly another lady minor parking mishap

Gifts between husband and wife are considered conjugal property and therefore you have an interest in the gift and I expect the TRD would say they are taxable. However, I do expect a tax accountant could draw up some kind of specific agreement to get round this, there would also be specific conditions on how the gift is spent so the gifter obtained no advantage from it and relinquished all claim on the gift save those required, defamation etc

Most likely to be Vietnam. Vinfast are horrible cars, really ugly.

If you have children you are putting through school or university (as I do), then it is more tax efficient to gift & send them taxed funds from your home country (UK in my case) and then let them pay their own expenses, clothes, education fees, cars, rent, property purchase etc than it is to give them the money here in Thailand.

Tis but a minor issue, just wash it and drive it away

The tenant loses his deposit if he breaks the lease early, if he can find someone to takeover his lease and the landlord is agreeable then the new tenant could give him his deposit back but this would be risky as any damage done by that previous tenant would be deducted from deposit at the end of the lease. It would be far safer to start a new lease. If the tenant leaves early without providing a new tenant and he has paid 2 months deposit and it takes the landlord 2 months to find another tenant then the old tenant could not realistically expect anything back from the landlord.

No it doesn't, I didn't qualify it, but if you want me to, it's 13-14 times more likely for ICE and 129/130 times more likely for HEV. Those figures are a year old now, I believe the gap has widened further (EOW will tell you it's 11 not 13 or 14).

I am not sure I understand you. The ICE fire stats don't include HEV and vice-versa. The HEV fire stats don't differentiate between where the fire originated (battery vs fuel)

IMHO that's a fire caused by car crash, of course it could be a parking accident, assuming the driver was female. Nonsense, I have posted statistics even better than I was claiming. I could explain the maths to you, but I don't have any crayons handy

You're a sore loser Ralfy boy.

LOL This one says between 61 and 139 times more likely, will that do? Study: Hybrids Involved in More Fires Than EVs and Gas-Powered Vehicles - The Car Guide (guideautoweb.com)

Been posted many, many times, these aren't the ones previously quoted, but they are close enough, here you go... Petrol and diesel cars 20 times more likely to catch fire than EVs (thedriven.io) Open Research Europe | Open Access Publishing Platform (europa.eu) You’re Wrong About EV Fires (motortrend.com) Government data show gasoline vehicles are up to 100x more prone to fires than EVs | Electrek Electric vehicle fires are very rare. The risk for petrol and diesel vehicles is at least 20 times higher (theconversation.com) How much of a fire risk are electric vehicles? | Autocar

I agree, but also we should only be counting self-igniting fires otherwise it proves nothing on EV battery tech.

EV owners can sleep easy in their bed knowing their car is between 14 and 130 times less likely to catch fire than an ICE car. (11 to 130 times if you are a numerically challenged dinosaur fuel worker with go faster stickers on your legacy ICE)

I did say "not accidents", C+ for effort, F- for accuracy

Actually, YOU are the new guy. That article is not about a fire. If you care to read the thread from the beginning that was fumes from the air conditioning system with a 12 volt system short. Try harder!

You're welcome to try Error 1010 Would that be "Fire not Found" ?

Yes I have, here is a list of all the EV fires in Thailand (not caused by accidents) Begin List End List

Mine do, it is a very tight fit however.

EV Fires are sensitive, I am absolutely certain we have heard about any, they are exceptionally newsworthy.