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Geir Rasch

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Everything posted by Geir Rasch

  1. And the instability and sporadic violence was part of the armys plan to take power. Other than Suthep there was not much instability and violence.
  2. That is important information. I know some people who might get same problem with their 180 days if this is how Revenue Dept count days.
  3. Not sure what you mean with tax-free capital gains. If that means that it is money never taxed, sure you should pay tax in Thailand. If the money is already taxed in USA I cant see how they will be taxed again in Thailand. This is money of a different world than what live in, so about this I know nothing. My consern is about pension and salary ????.
  4. When immigration count your 90 days day 1 is the day you meet up, not the next day. So 180 days start when you enter Thaiand.
  5. Anybody who makes way to much money may not be smart in any other subject ????.
  6. Well, we may differ about his. If there is a tax treaty between Thailand and your country, that is to avoid double tax. Tax paid to Thailand for this year will be deduct from tax in your country. Savings from earlier years are finished tax in your country, so it would be double tax if it also was taxed in Thailand, and that is what the tax treaty are ment to avoid. So I do not think there will be any changes from todays practice. Time will show which of us are right ????.
  7. Whatever a child must do, it is total unacceptable for a teacher to use violence. Such people should not be allowed to be a teacher. What is wrong with the teacher education in Thailans?
  8. There is nothing new about this. Has been for many years: income you bring to Thailand the same tax year you earn it, is taxable in Thailand, savings is not. If there is anything new, that must be enforsing it. Some time ago I asked a person at RD why they didn’t cowork with immigration to ensure that foreigner (retired) pay tax. The answer was that few thai retired people paid tax, so they cannot use a more harsh practice for foreigners. May be that is about to change?
  9. https://sherrings.com/personal-tax-d This is a good english page about tax in Thailand.
  10. In the Thai-Norwegian tax agreement Thailand can tax any pensions transfered to Thailand the same year. It does not differ on different kind of pensions. The same amount will be deducted from Norwegian taxable pension.
  11. I must correct myself: 0 - 150K = 0 150 - 300 = 150K x 5% = 7,5K 300 - 430 = 130K x 10% = 13K Total tax = 20,5K
  12. The tax would not be 71.000, but 14.000. 65K x 12 * 780K. then you have a minimum deduction of 100K and a personal deduction of 60K. If you are retired and 65 years old or older, additional deduction is 190K.so your taxable amount will be: 780K - 100K - 60K - 190K = 430K. The first 150 is extemt, so you must pay 5% of (430K-150K) = 280K x 0,05 = 14K. With more deduction (insurance, wife etc) you can end up with zero tax.
  13. Ideological exstremism?? Who is the author of this article? A far right person? MF’s ideas does not differ much from european political ideas.
  14. Then you have confused me. You stated that you would not pay tax to Thailand because it could not compete with your Norwegian tax. If you live in Norway you are not entitled to pay tax to Thailand, You should not act like living in Thailand. Or maybe you do live in Thailand, but not fullfilled your obligation to register your address in Thailand just to uphold your membership? I know many do, and so does nav. Either way, you dont seems a serious and honest person, so I think we call that a day. Take care!
  15. I’m sorry to inform you that there is things about Folketrygden you have missed. It is correct that trygdeavgiften is 5,1% for retired people living in Norway, but when you move to Thailand you are imposed to register your address in Thailand to Folkeregisteret. Then, after 6 months you are no longer member of Folketrygden. Then you should no longer pay trygdeavgift, but tax Norway will continue to do so until you stop it. Trygdeavgiften they collect will give you no right in Folketrygden since you no longer live in Norway. Then there is a way to uphold membership, and that is to seek voluntary membership. If that is granted they will collect an extra 2,3% trygdeavgift in addition to the 5,1%, which give you a total of 7,4%. If you have stayed in Thailand long time it is probably to late for voluntary membership. Since your tax deduction reduse your tax to 0, there is no trygdeavgift to reclame.
  16. I must repeat you: Lol! Ask anybody who might know me. Say my name and ask if I have any insight about tax, wether norwegian or thai. You might be surprised ????
  17. Yes, as long as you are not voluntary member of Folketrygden. If you live in Thailand you are imposed to report your address to Folkeregisteret. As not living in Norway you are no longer part of Folketrygden unless you have asked for voluntary membership. If you are, then you must pay 7,4% of your pension regardless of the size of your pension. So for you to get 0 tax from Norway you must: 1. Not be a voluntary member of Folketrygden or 2. Not reported that you live in Thailand, which you are imposed to do. I hope for you that 1 is the correct answer.
  18. You obviously don’t understand much about tax, and you have some reading issues. I never said there is no 180 days rule, I wrote there is no 183 days rule. Do you see the difference? Thai tax is like norwegian tax, progressiv. There is also deduction for age, care of children and also for wife if she does not have income. If you are single and 65 years old or older, only income over 500k will be taxed. To get as low as 1,7% tax in Norway means that you are not voluntary member of nav. If your income is 65k a month and you are singlr, do not have other deduction than age, your average tax to Thailand would be app. 2,6%.
  19. Tax in Thailand are progressiv with 35% as top, only paid for income over a certain sum. Point is: Nobody in Thailand pay 35% tax of their income, but some (the very rich) can have 35% as a marginal tax.
  20. First, there is no 183 days rule. If you stay in Thailand 180 days during a calendar year, you are a tax resident of Thailand. You and I must live in different realyties because most norwegians I know want to pay tax to Thailand because taxes are much lower in Thailand. I’m talking about pensions. You wil save 60K bath to 200K bath a year, depending of your pension, by paying tax to Thailand. It is quite straight forward to pay tax to Thailand and reclaim tax back from Norway, so I do not see the hustle about this. For me, average tax percent to Norway would be 25%. In Thailand it is below 10% on the pension I transfer to Thailand.
  21. The tax treaty between Norway and Thailand has no mention of tax on savings. Savings are by nature already taxed in your hone country, so tax in Thailand would be double tax, which is what the tax treaty are set up to avoid. So I am relaxed about this news. They have to make a new treaty before they can tax my savings that I might bring over here.
  22. This is for expat that have income (pension) from Norway. Those who have not, use the other alternaive with freeze money in the bank (400k or 800k).
  23. You look like a looser blaming women for not getting what you want. Be a man an accept women as your equals.
  24. But still PT is the most popular party in Thailand. Im no fan of them, but it amuse me to see how much it pisses the coup-general off. His plan to get rid of PT has obviously failed.
  25. You have lived here long enough to know that most politicians in Thailand does things outside the law, but cases are only raised against opposition politicians. So a case against any politician becomes political. Im sure you know it to!
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