aldriglikvid

8 minutes ago, OJAS said:

 

A further assumption which I presume that you are also making here is that the capital gains in question were all earned post-1/1/24? I am taking the view that the taxed capital gain on the UK property I sold in 2021 (and which I'm still transferring in dribs and drabs to Thailand) constitutes non-assessable income on the grounds that it was earned before 1/1/24.

Well - both, actually. I do have +2 million in capital gains that already have been taxed pre 2024; but my question was more akin to going forward (as I would still pay same, and higher, taxes back home - while considered a tax resident here as well). 

This is the conundrum in my point of view: how do I proof to Thai RD that my capital gains from 2022, comingled to my personal accounts in 2022 and 2023, are the "same" money I'm sending this year. I can produce my tax fillings from 2022, but it will be difficult to "draw a connection" to money sent in 2024. Even though it's the same money. 

Oh well, money has already been transferred so I'll make the best of it coming spring 2025. 

Great post, bookmarked it! 

Let's say I transfer 2 million baht to my Thai account. Furthermore, let's assume its taxed capital gains from my home country which - to my best understanding - have the right to tax such gains. Let's also note that capital gains tax in that home country is higher than in Thailand - i.e. if anything, would create tax credits here, so to speak. 

Do I under these circumstances file zero (0) as assessable income, or 2 million? None of these seem "right".

All the best, 

If I assume the DTA's will be honored and interpreted in a resonable way, I will continue to pay my fair share of tax back home and none over here. 

My concern, however, is the translation and acceptance of my national filings here in Thailand. Not to mention the comingling of funds: all my capital gains and dividends are sent to my main account.  

What I'm trying to say here is that, I'm not overly concerned about the new taxes per see - but very much concerned for the actual implementation. 

2 hours ago, topt said:

No he wasn't saying. How many different ways do you want it parsed......

Your interpretation is correct although, as already stated, you may have to prove it is savings/income from pre 1/01/24

I'd suggest you take a second read: he was indeed saying that my original proposition was wrong.
1) What I said

On 4/9/2024 at 6:14 PM, aldriglikvid said:

The "new law" effective date is January 2024 i.e. all income earned prior that, but transferred in 2025/2026/2027 etc, is exempt from tax. I had substantial income in 2023 that I plan transfer in pockets the coming years. 

2) What he said 

14 hours ago, FritsSikkink said:

No, the reason the law is amended is that the income earned in previous years ISN'T exempt from tax anymore.

They wanted to close that loophole.

I do however salute you for confirming I was right 😉

Thread closed, thanks for all the replies. 
 

8 hours ago, FritsSikkink said:

No, the reason the law is amended is that the income earned in previous years ISN'T exempt from tax anymore.

They wanted to close that loophole.

That's very clear - going forward. But, are you saying that they have authority to tax everything earned earlier than 2023? Income earned 2019? That's not my interpretation at all.  My understand it relates to income earned 2024 and onwards (offshore or onshore). 

I'm attaching another EY slide below on the subject. 

8 minutes ago, ChaiyaTH said:

Be more specific, provide actual readable Thai labels, specify what UTI you got etc etc. If you want a proper answer.

If there were any labels, I would have Google em 🙂 Anyways, I'll swing by the clinic tomorrow and ask. No biggie. 

Thanks everyone

Hi,

I caught an UTI and recieved antibiotics for it, all settled. They also have me this bag of 5 pills for 3 days for "pain". 

Any idea what it might be? She scooped them up from a big jar, but the name escaped me. Anti inflammatory?

48 minutes ago, FritsSikkink said:

Mid 2025, the rules as described in the picture are no longer valid.

I know, but according to the official statements the "new law" effective date is January 2024 i.e. all income earned prior that, but transfered in 2025/2026/2027 etc, is exempt from tax. I had substantial income in 2023 that I plan transfer in pockets the coming years. 

I'm able to meet these requirements i.e. I had a different set of income streams in 2023 which I want to transfer somewhere mid 2025 i.e. following year (or years) post earning. However, all these income streams gets pooled into my account back home. If Thai RD want's me to proof that what was sent, I earned years prior - do we know in what type of form and structure they want to see it? For example, if I'm here (Thailand) and they would require stamped bank docs (or similar) - it would be difficult for me to produce on the spot. 

Thanks 

Any Jomtien clinic that does it for 100-200thb? Thanks

According to this (and other sources) https://www.car250.com/2024-th-toyota-prius-3.html it looks like the Toyota Prius (5th Gen) not only is coming back to Thailand, but will start to be locally produced as well. 

I'm really interested in this model and if it's priced similarly to a Honda Civic (Hybrid) - I'll try to buy one later this year. 

Hi, 

Is there any website/resource you're familiar with where I can find which models are produced in Thailand? 

For example, almost the entire Honda range have final assembly here - but not the Civic Type R as it's manufactured only in Japan. 

 

Anyone knows what time the "reservation tent" closes to book the actual appointment for renewal? Would you think I can come 1-2pm and make the first reservation?

I understand that the DLT close 3.30pm, and that most renewals(or new Dals) are done either morning or afternoon hours. No issues with that.

Friends, we went with the Toyota Yaris. It met the low- to mid spec requirements we had; good enough for short city-driving; and lastly we figured it was a brand that was easy to sell (or repair). 

Thanks for the input! 

We need to expand our household with a low- to mid priced sedan. I was thinking the Toyota Yaris or Honda City, but then a friend sent me a link to MG 5.

Spec wise it looks OK - however, I have no experience with this brand whatsoever. Any input would be helpful. Thanks 🙂

Looks nice: https://www.caranddriver.com/news/a46429937/2025-honda-civic-hybrid-revealed/

Probably comes to Thailand mid 2024: https://car.kapook.com/view277395.html

11 minutes ago, Chongalulu said:

That's not really a perk. It's easy to get a card with no foreign usage mark up and interbank FX rates. Mine even has a half per cent cash back. The extra dealer add on  charge for using the card you referenced is only an EU directive to retailers there so not applicable here. 

The respondent wasn't lecturing either. You asked for advice and he gave you it.

lol half percent cash back, silly low



 

44 minutes ago, dlclark97 said:

The question first should be whether your credit card company would permit it.  And, remember that a 3% or greater charge is often added here to purchase many things using a credit card.  Finally, does your credit card charge a foreign transaction fee, typically 3%?  I have 2 cards that do and 1 that does not.

You should assume I know the limit of my own card so no, that shouldn't be the first question I ask myself. 

The reason I would like to use a CC is because I work in the finance industry and one of my perks is a Mastercard without FX markup i.e. I get the exact rate listed here (better then wise): https://www.mastercard.us/en-us/personal/get-support/convert-currency.html

No need to lecture mate, I know some stores adds a charge fee even though it's explicitly against the T&C of both Mastercard and Visa. Actually, this was the very point of this thread to ask if official Honda dealers 1) accept MA/Visa 2) adds "a charge" 

All very helpful, thanks 

As most of you already understood, when asking about accepting Mastercard I was also meaning without any service charge. I guess it's a no go then? 

 I'm visiting a Honda dealership on Tuesday and I'll report back here then. 

Another Q. Any circumstances where they extend finance for us foreigners? I'm on the Elite visa but I don't hold any work permit or local employment. 

All very helpful, bless. 

1)

I'll make sure taking proper tests before taking on any broad antibiotics treatment. As mentioned by a helpful user earlier a prostate infection or inflammation of the prostate might be hard to diagnose with urine culture/swabs; what test should I push for there? Or should I assume the MD has it in his playbook already? 🙂

2) If I'm given a set of medicine, can I opt-out at buying these in their pharmacy or is it a combined setup only?

The answer to my question is probably "No" but I figured it's worth a shot to ask you guys anyways: would you know if a official Honda (car) dealer would accept Mastercard/Visa as payment? Foreign card. 

Bless 

3 hours ago, Smokin Joe said:

I had a UTI in Nov 2022. I woke up about 4 or 5 AM to pee and it was bloody at the end, like very bloody. I was definitely going to the hospital but waited until normal business hours. In the time up until I went I had an increasing urge to pee more often and although there was no pain at first it started to get more and more uncomfortable each time.

 

I went to Bangkok Pattaya because I assumed I only had a few more days to live and cost was not an issue.

 

I've posted a copy of my bill to show that BPH is not always quite as expensive as everyone assumes. The Doctors fee and Urine exam was about 1000 Baht. I also got a free digital prostate check.

 

The Doc had me take some antibiotics by IV and that was the majority of the costs for the final bill. No more bloody pee within two hours so I was happy.

 

If he had prescribed oral meds I assume I could have asked him just to write down the med/dosage/how long and bought them at Fascino for a savings over Hospital prices.

 

This is actually very helpful and encouraging. Considering all the warnings I've seen about BPH, I'd figured a UTI/STI exam would be a +10-20k stunt and simply not worth it. 

Did you come in on "a emergency" or was it a booked appointment? 

 

On this subject,

I believe I've caught an UTI or STI because I have an almost constant urge to pee (and some lower abdominal pain). 

I wouldn't rule out Bangkok Pattaya Hospital if its anything severe, but if all I need is some antibiotics (or similar) - I'd be delighted if I could make the aforementioned tests at a smaller clinic or more affordable hospital. 

What places would you guys recommend? Thanks