Everything posted by ThomasThBKK
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Thailand Unveils Salt Tax Plans to Curb Sodium Consumption
Too naive of you. If you are bored then google who owns the biggest Asian sugar company and how he is involved in the country.
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I reckon the Savannakhet Embassy is about to become very busy..
Cambodia has taxes on worldwide income. Far worse than the new Thailand laws.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
Just get an offshore loan transferred into thailand using your stocks/bonds/assets, pay it off with offshore dividends.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
Absolutely incorrect. Dividends paid by US companies/US index funds etc are taxed in the US already with 15% withholding taxes. Thailand has a DTA with the US and this is part of it, thus those will be tax free. Many other such DTAs exist. State pensions and co from western countries are also mostly exempted etc. The main issue is, thailand taxes capital gains of foreign stocks as income, thus having one of the highest cap gains taxes in the world... Also the paperwork ....
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
Think there's a gift allowance of 20 mio thb per year for married couples.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
It's not only the cost... friends, pets, home, relationships... you can have multiple houses but only one home. I have zero interest in bumming around the world these days, those times are behind me, would just be a strain on relationships, friends, family, not to mention house maintenance etc.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
It's a transfer from THAIS to the government. The money u waste on taxes won't be invested in actual thai businesses. Basically all they do is stealing from their own people in the end.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
You also had to get a tax clearance certificate right? I wasn't here but i have at least read that. Without it you couldn't leave the country - that's the real scary part. Vietnam does that too, they can hold you hostage if they aren't happy with your tax situation and block you from leaving.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
That's a tricky question. Withdrawing from an ATM is in general a remittance, but credit cards give you a loan that you pay back - and loans are generally not taxable.
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Why rich foreigners like me are spending much less in Thailand
yeah like millions of other people that have a nice house or condo in Thailand, or drive a nice car, all of that stuff costs serious money here... This is always the dumbest argument people can bring on.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
Most likely, many DTAs like the german one only mention state/land/gov pensions.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
30 year usufructs also exist and can be inherited, it's odd if they would accept a lease over 30 year but not something for lifetime tho
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
Interesting, is there any more info about this, i mean the lease part? Would superficies or usufruct also apply?
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
Only if the tax in that country is higher, else you pay the difference. If it's zero on lets say capital gains, then you pay full thai tax rate on that imo. DTAs are very specific
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
It says assets, that's literally everything including stocks, cash in bank, dividends, bonds...
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Thai immigration online 90 day reporting system
No repercussions here, but other countries might ask why ur passport is full with red warning stamps if you overdo it. PS: seems bumrungrad is open to everyone
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Thai immigration online 90 day reporting system
Yeah just a fine, but u get a really ugly big red stamp in your passport, i already have one, prefer to not get another one... Is the bumrungrad business center open for everyone or just hospital guests?!
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Thai immigration online 90 day reporting system
Me too, at the same date - i did not hear anything back... which is rather annoying. Was thinking about letting the gf phone them tomorrow, if u hear anything keep me updated please
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New Thailand Elite Visa packages from September 15th ?
I think the new lifetime visa owner gets 30 years. So it's not that attractive compared. to the 20 year visa, as you don't have to do 3 month runs on those...
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Increasing the 800K baht requirement for retirement extension?
What's the point of an age limit anyway?? Either someone has enough money and assets to retire of he doesn't, either one is a criminal or one isn't. Nothing to do with AGE. Plenty of old people in these "biker gangs"... just kick them out