Marco100

A little proactive thinking when making new Cannabis laws would have helped to avoid the issue Thailand has now with Cannabis .

My personal opinion   ,  at this point of things , let the market regulate it self . A lot of shops will close anyway . A few professionals will stay open and business as usual.

Alcohol,  Junk Food , Tobacco , various synthetic drugs , are far worst drugs to take care about than Cannabis .

What is done in Bangla stays in Bangla !! Who's the man who made the video ? He should be deported back to his village !

Racism is a sickness of the poorly educated societies and nations ... and is far more common than we think . 

So " Never Mind " .... 

When I first come to Thailand I loved Thai food but now I don't eat it any longer. Far to much sugar added and getting boring .

I go for good Italian and Japanese or Steak House  . 

Only income brought to Thailand is Taxable . ( No worldwide taxation as far as this is an amendment of an old law ) .

Patrimony exsisten before End of December 2023 are considered Savings and when imported are exempted of taxes .

This is what I got to understand till today . Any one has a Worldwide Tazation information ?

If you need to pay certain sums better do it direct from overseas .

Use Overseas Credit card to pay expenses in Thailand .

This should limit the transfer of cash to Thailand to minimum and related taxes to a reasonable ammount .

Please correct me if wrong ?

Always the Brits , the Beer , the Girls and the Israeli ... what can go wrong ?

There is something called " First think and than act " in Thailand ? 

With the AEOI ( OECD CRS ) if you declared your residence in Thailand to your Overseas Banks than from now on Overseas Bank are obligated to exchange information to Thailand .

At End of the year Banks will send your account balances to Thailand RD . ( Person or Beneficiary of a Companies , et et ) . 

Rest is up to each single individual to clarify ....

There is not much to discuss in front of this act of pure barbarian violence ! RIP Milazzo 🙏🏼 

Must be some real estate or land  Business of interest . Just saying for a friend.  ( u bunch of boy scouts) .

I think is the Cinese Police which has to learn from Thai Police and all for free 

I think it is because Chinese Police has a lot to learn from Thai Police .

By May 2024 Thailand will join the CRS & Automatic Exchange of Information .

With that coming they will have control over those who declare their residence in Thailand ( individuals or beneficiaries ) as overseas banks will have to communicate to Thai Fiscal authorities accounts , names n balances .

With that the opportunity to tax residents is quite appealing ...

What about the loophole for Citizens owning BVI's and generating savings after a year ? Next year with the AEOI CRS the Beneficiary of the BVI will be reported to his country of residence by the bank ....

3 hours ago, Litlos said:

This has been coming for a while and is not a recently conceived idea. Abit of history of linked events I am aware off: The auto no tax on non resident income option deleted a couple of years ago, no problem rely on the bring it in next year option. Anyone with an address in Thailand on their Paypal account has to reregister with a Thai Id number, this was apparently a way that Thai overseas workers were sending money home in the same year and bypassing the Thai tax, Anyone spending more than 180 days in Thailand is considered a tax resident of Thailand in Jan this year. About May this year Thailand joins CRS which is a multinational scheme to share tax and income details across borders. Last week the final nail in the tax free coffin the removal of the bring it in next year option, so now all the pieces are in place to levy tax on overseas income.

The interesting part is I have seen it referred to as a tax on income and a tax on income remitted to Thailand, the second version came out as a clarification a few days after the first, so hopefully this the the more accurate version. But lots of questions all on overseas transactions, such as how are capital gains treated? Income previously earned, retrospective tax. Share dividends?

So I am following closely to optimise this year to minimise in future, but clarifications are sparse.

There is always the option when travelling to Thailand to bring in up to USD20,000 in cash without the need to declare it, 2 x overseas trips a year is doable when flight prices decrease. Can also bring in 500k Baht from bounded countries, Bank account in Malaysia?

Cheers

With the AEOI - CRS ( automatic exchange of information banks to country  ) if you are registered  at your bank as a Thai resident  than the Thai fiscal authorities will know your bank statements end of the year .

If you reside  more than 180 days in Thailand I assume you will enter in the taxable regime. 

Till now if it was savings it was not taxed .

Will have to understand  what they want to tax and what % ....

I still didn't understand which was the cause of the killing ? The victim probably didn't pay some people or what ?

I think it's clever to keep monitoring Covid cases and deaths because the virus keeps evolving in new variants and better be vigilant than sorry .

RiP . If I would chose a way to go I definitely wouldn't slit my throat . Think about the mechanics of it ???? ...

Probably there is no easy way to go ????

To me , besides the school outfits , it seems that all 4 makes an explicit sign with their finger pointing at ???? or am I wrong ? 

Happy Wife Happy Life , right ?

Probably not concerned of what harm cigarettes cause the sanitary sistem ?

I was a smoker and I stopped smoking thanks to vaping and now I also stop vaping . 

On 2/24/2023 at 6:53 PM, smedly said:

nailed it

Vape weed