biervoormij

The US DTA does not cover IRA or 401K distributions so not exempt like social security or government pensions. I don't know how the Thailand RD will deal with this but saying it is exempt is not correct. I think if you are taking large 401K distributions you will have to pay the much higher Thailand tax rate.

I do the same with my US taxes. When I have run my numbers it will be a little less than $10,000 but high enough I will most likely leave Thailand. I hope they give me a year to spend down the 800K setting in my bank before I leave. Doesn't Cambodia also have global income tax or are you just planning on spending half the year there?

Not sure how a man that has driven as many companies into bankruptcy as many times as he has can be considered a good choice for running a country. His new company when it went public opened and spiked and has lost 77% since in a booming market. If he would have taken the money he got from his Daddy and put in the S&P500 he would be worth more than he currently is. Not sure how anyone can think of him as a good businessman.

What is the direction of the proposed one way? Is it starting at Pattaya Central Road going to South Pattaya Road so south bound one way traffic or the other direction? What will be the new baht bus route?

If you are going to visit Prasat Muang Tam and Phanom Rung Historical Park the follow 3 sites could easily be added. Prasat Ban Bu Kuti Rishi Ban Nong Bua Rai Kuti Rishi Ban Khok Muang I am sure you will be the only person at each of these small ruins.

The Royal Barge Procession will be taking place on the 27th of October. If someone has been to watch one of these in the past and could provide any information or recommendation I would appreciate it. My understanding is it will go between Rama VIII Bridge and Wat Arun. I would like to know if attending one of the major rehearsals on the 15th or 22nd October would be just as good but maybe with less crowds? If you have recommendation of places to watch the procession and any idea on the time of the day it would be helpful. I am a bit worried I will wait for hours and then go find a toilet and miss the procession passing.

I am known as a local in most of the bars I visit.

Bob I think you are like Brooks in the movie The Shawshank Redemption. You can't handle life outside of your self imposed prison. I hope you can find something that will bring a little bit of joy into your life. Look for the good things in Thailand rather than focus on the bad.

Don't all you listed except the Philippines still tax you on global income?

Hope and Change! Without change there is no hope. I say run Nikki Haley. 20% of republican will vote for her. Bipartisanship for the health of the nation.

I am not a tax expert but I do not believe this is always the case. The US and Thailand have very different tax rates. This is really the case with long term capital gains and qualified dividends. The US tax rate for long term gains as a single person. 0% Up to $44,625 15% between $44,626 – $492,300 20% Over $492,300 $44,625 is equal to about 1.6 million baht. You would owe $0 in the US if this is your only income and is all in long term capital gains but In Thailand you will be going through the different tax brackets and possible be paying 25% on part of your income. Also a single person in the US gets a $13,850 standard deduction in 2023 which is also 0% taxed. I am not 65 so get a lot lower deduction in Thailand. If you have capital gains in the US you may want to really think about how this tax will impact you but like I say I am not an expert. If someone see errors in my thinking please correct me. I ran my numbers from my 2023 tax return and if the tax stays based on remittance I think I will stay in Thailand but if it becomes based on global income I think I will leave.

Jim this would not be true in my case. The US and Thailand have very different tax rates and exemption. I get about $14,000 standard deduction in the US. It is my understanding I would only get 150K at a 0 rate in Thailand and 90K standard deduction or about $7,000. I also can earn $40,000 in capital gains in the US with a tax rate of 0%. That would put me in the 25% tax bracket in Thailand. I don't have the US taxes to absorb the credit from Thai taxes. I think this change would cost me close to $7,000 a year. Unless I missed something or misunderstood something, I think If this happens I will leave Thailand.

No one has talked about the remittance tax that has put in place this year. If I were to bring in 400K to meet the 1.2 million or 700K to meet 1.5 million in addition to my living expenses I could possible be hit with a much higher tax rate in Thailand. I don't have a lot keeping me in Thailand other than I like it here. If I have to pay a 25% tax on 700K to meet new retirement visa requirements I think I would leave.

TAT put out the festivals of May on their webpage. The Yasothon and Katwa have been talked about on this thread already but the Roi Et in Suwannaphum from 29th of May to the 2nd of June is new to the thread. I also found the Ku Ka Sing Festival flyer in Roi Et as well. If I understand this correctly you would be able to see rockets in Ku Ka Sing on the 1st and then in Suwannaphum on the 2nd.

If you happen to be in Nong Khu, Yasothon tomorrow and Sunday you could check out the rocket festival there.

There is an app called Ling that is often compared to Duolingo. Unlike Duolingo, Ling doesn't give you much for free and I did not pay for Ling so can not say if it is any good.

In Yasothon if you stay in the city center it is easy to get to the location of the rockets. It may be hard to find a hotel in the city now. I looked on Agoda yesterday and did not see anything in the center. I have not been to Kutwa, Kuchinari so have no idea. The schedule I got from my hotel last year said the rockets would start at 7 in the morning. I think they did not really get going until about 9. I attached the schedule from last year, sorry I only have the Thai version and had to run everything through google translate.

I will also be traveling solo but will ride my motorbike to Isan so will not be doing taxis. I don't really have any good ideas of what to do between the 2 festivals. I did the frog museum in Yasothon and a couple of temples but the thing I really enjoyed was a few of the village festivals from the pink flyer I posted. I did find it a little difficult to find these but if you speak Thai you may find it easy.

Looking online Creed is set to start another reunion tour in July of this year with 3 Doors Down as a supporting act. It seems the members have been going back and forth between Creed and Alter Bridge since 2009. I should listen to both bands newer stuff.

I thought the four bands you talked about were all successful. The wiki for Creed says they were the 9th best selling act in the 2000s and they broke up in 2004. I personally preferred the band Alter Bridge that was mostly Creed members forming in 2004 after Creed broke up.

You may not have wanted the answer in the form of a song but this song puts a smile on my face.

Thanks for the information it is very helpful. I will look for a hotel and plan to attend. Is it like the Yasothon festival where the rockets are early on Sunday morning?

I can find that the Yasothon rocket festival will be taking place between the 10th and 12th of May but I would like to go to some of the smaller locations. Does anyone know where to find some information on the festivals in other provinces? Last year I showed up in Yasothon a week early for the festival due to the election. The hotel had this flyer so I got to attend some of the village festivals in the week I had to kill. I seemed to enjoy the village festivals as much as the big one in Yasothon city. If there are flyers like this in your area or banners like the picture I would be grateful if you are willing to share them. Thanks in advance to any help you can provide.

Mr BS, you could buy Aseannow? I think it may be the best way to become a Mod.

I enjoyed following you along on your travels. I look forward to your next tour. Thanks for all the posts and pictures.