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Wombo1

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  1. Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I

    Wombo1 replied to webfact's topic in Jobs, Economy, Banking, Business, Investments
    Back story behind this decision At the moment you are only taxed on foreign income that you remit to Thailand during the year that it is earnt. So for example if I was to earn money in The Gambia in 2022, if I remit that within 2022 then it is taxed. But if I leave it outside the country and remit it in 2023 then it is not taxed. Essentially they are closing a loop-hole that enabled people to not pay tax on foreign earnings. For example a Hi-So could setup a company overseas, pay themselves a big salary to an offshore account and then only remit that to Thailand 1 year later and pay no tax...

  2. Where to buy large trees - not palms

    Wombo1 replied to thaiclan's topic in Farming in Thailand Forum
    Does anyone have any updated recommendations for where to buy big shade trees in the BKK or central areas?

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