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Everything posted by 2009
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Paying Tax on Overseas Investments
2009 replied to 2009's topic in Jobs, Economy, Banking, Business, Investments
I do pay tax, on my income working in Thailand. -
You sound like a lamb to the slaughter
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One thing I learned from 90s gangsta rap, "You can't make a ho a housewife." So, that's a something to keep in mind and clearly most farang never learned that. Thai men know it. Their momma taught them that. Snoop Dogg knows it and even tried to tell us. Haha. But if you're just looking for a girlfriend, then who cares?
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Paying Tax on Overseas Investments
2009 replied to 2009's topic in Jobs, Economy, Banking, Business, Investments
So, it seems from the further feedback, that: - American dividends are taxed from the first dollar (not above a threshold) - and the brokers withhold the tax when the dividend is paid (and I assume they pay it on our behalf?) -
Thanks for the info guys, A bit off topic, but do any of you have experience doing a chartered long distance sail from Phuket to Singapore? Something we have been wanting to do at some point maybe a year or two after we move to Phuket.
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Paying Tax on Overseas Investments
2009 replied to 2009's topic in Jobs, Economy, Banking, Business, Investments
Yeah -
Paying Tax on Overseas Investments
2009 replied to 2009's topic in Jobs, Economy, Banking, Business, Investments
Cheers guys, good answers in here. So far the feedback here is: - no tax liability for Thailand - no American capital gains if you filed a W8BEN But dividends are taxable (America), right? Still not clear if it's withholding tax or we need to file a return each year (how does a foreigner do that?) and if there's an amount of dividend income that's tax free or is every dollar taxed? -
No, actually on the contrary: I wish Britain had migrants that were beneficial to the country. Like the previous migrants who came to integrate, work, and support themselves honestly: Irish, Italian, Chinese, Indian, Pakistani, for example. The new wave of migrants are quite different aren't they? Racial bias? Just look at the statistics on migrant crime. You can do that objectively, right? And what's your bias? Do you have one? Well, no <deleted>. You didn't think it would be a young lad from Kent, did you? Or a Chinese medical student?
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So, I'm a bit confused ???? Some details: - I am an investor in American stocks. - I am not an American national. - My tax residence is Thailand. - I use a European broker I am sure I don't need to pay any tax to my home country. I am under the impression I don't have to pay capital gains tax to America. Correct? But I think I do have to pay tax on dividends to America? Correct? And if so, is the tax withheld or do I have to pay it myself yearly? And is it paid from the first dollar or only when you earn over a certain amount? I believe I would have to pay capital gains tax to Thailand if I brought the money into the country within the same tax year as the gains were realized. Otherwise, no capital gains tax in Thailand. Correct? And is the same true with dividends? (If you don't bring them into the kingdom, no tax?) Anything else I've missed? Or have I made a total hash of my above assumptions? ????
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Will Thailand’s new residency visa achieve results?
2009 replied to webfact's topic in Thailand News
Skill? I mean, you're just compiling paperwork and hopping in a taxi to immigration. Dealing with the taxi driver takes some bureaucratic skill, okay, I'll give you that. -
Yes! What's the deal with this? Drives me nuts.
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Canada wrestles with euthanasia for the mentally ill.
2009 replied to Social Media's topic in World News
Well, I just got a document from the #1 hospital in Thailand saying I am not retarded so I guess I am safe, for now. -
I am not sure he cares much about money. He's a bit nuts and seems to care more about doing cool things and stroking his ego. If money were high up on his list of priorities, he wouldn't have acted like such an asshat recently. That said, I do like the guy - not just cos we share the same political views - but cos he is genuinely trying to make a difference in the world. However, he is too much of a loose canon for me to invest in Tesla. Oh well.
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Thanks will check it out