Orac

2 minutes ago, TroubleandGrumpy said:

Good Point.  If this goes ahead with RD, and if this happens with Immigration, it will probably be that we will need to provide a taxation certificate to prove we have lodged/paid an income tax return. 

 

As if there was not already enough to worry about due to this taxation change - there is potentially more !!

more likely an IT solution - TIN number blocked until return receive that they would need to manually overide.

As a bonus i would expect that the online 90 day reporting will in future allow you to view all expats bank and passport details.

While most of the problems with this will probably shake out as the new rules are defined, the thing most concerning me at the moment is this bit in the op:

“ Iam not sure if it should be under immigration and visa but my experience tells me that immigration will ask for tax documents in the future.”

Though I can’t see the point of them asking for tax docs (that would be an issue for RD) it would make sense for them to require a TIN to be declared as proof you are registered for tax here if you have stayed more that 180 days in a tax year. From April 2025 they will obviously be able to see this on immigration system and a fairly simple link or check with RD would identify if a tax return had been received giving the option of immigration either insisting one is done or an explanation of why one is not required - simplification would suggest they just hand this off to RD.

Essentially this would mean everyone on one year extensions would need to do a tax return. 

12 hours ago, Dogmatix said:

Fortunately this is a family with the highest ethical standards.  https://thethaiger.com/hot-news/crime/thg-chairman-who-lied-about-vaccines-for-stock-profit-resigns

Maybe so but the 10 hospitals they have in Thailand gives a touch more confidence in any health insurance business they are involved with as opposed to a frenchman and an Indian running a small business in the UK, neither of who live there or in Thailand.

6 minutes ago, Irrumator said:

What about residents from a country in which their income is low enough that they  fall into the tax exempt band?

So does that mean they will also be tax exempt here? 

No details given yet so unknown.

The principal idea of a DTA is to stop people paying tax twice on the same income  so  worst case scenario could be pay tax in Thailand but can use overseas tax return to reclaim any tax already paid so no guarantee that having a passport from a country with a DTA will give you any protection.  Indeed there are a number of us here that relied on the difference between tax policies to avoid some taxes so potentially those gaps could be closed.

best bet is wait for further clarification or the whole idea to be scrapped as too controversial as it will certainly be watered down and loopholes/get rounds appear as it gets defined.

On 9/25/2023 at 12:19 PM, JBChiangRai said:

A friend of mine owned WR Finance and it prompted me to investigate WR Life.

 

WR Life is a LLP company (limited liability, partnership) registered in the UK at what looks like an accommodation address in London.

 

It has 2 active officers, neither of whom live in the UK. One lives in France and the other in India.

 

It had a few officers from a company creation outfit in Bangkok who all recently resigned.

 

Here’s my take. It stinks. The Thai officers probably resigned because they found out what the company does and realised it is probably illegal in Thailand. The insurance industry is regulated for a reason.

 

I reckon it will trade ok until it doesn’t.

 

The officers that stepped down included Navin Vanasin who, as part of the Vanasin family, own Thonrburi Healthcare Group with a number of private hospitals in Thailand. She also is a director there and sits on their Executive Committee. It was her involvement that gave me some confidence in WRLife with the suggestion that they had the access to extensive medical facilities throughout Thailand. Without that link it gives bad vibes of a business that might suddenly vanish should someone deem the cash on hand enough to walk away with  or claims exceed premiums at some point and there is nothing underwriting them.  
 

https://www.thg.co.th/en/management/management-team/25/ms-nalin-vanasin

I have cover with WRLife that i took out several months ago. Even  though it had an ‘unusual’ set up for an insurance company it did appear to have strong connections to Thailand with partners linked with a major Thailand healthcare/hospital group.  I notice from their company filings in the UK that all the Thai partners resigned a couple of months ago which rings alarm bells for me.

https://find-and-update.company-information.service.gov.uk/company/OC401682/officers

I had new passport between 2nd and booster jab.  Asked when i was getting booster and they updated my record to new passport number - morphrom app showed  my new passport number the following day.
 

Haven’t got intl/yellow cert so not sure how that works.

With the biggest item being cars how many of these are in reality decisions to be made by Thai companies?

Getting the same with both Sky News App and youtube live channel.

50 minutes ago, Digitalbanana said:

Eh? My take on reading this was pickup driver was overtaking the truck in right side lane of road and did a head on with cyclist going other way.

Could be a translation issue. I cycle on that road regularly and you do need to be careful.

it is a oldish dual carriageway with a  fair few speeding trucks on it. The problem is that to get across from the pattaya side to Ban Chang/Green Valley side you need to go up/down to a u-turn and then get across to the middle - not unusual for bikes/motorbikes to go a against the traffic a bit to get to the nearest u-turn however there is a fairly wide bike lane (not marked as a cycle track) on both sides. 

Sure we will hear more about what happenned here but bit confused about where this happenned as the story says it was by the testing station which i thought was at the front of treetown but the pic looks to be outside the Beach Club which is further in.

2 hours ago, WEBBYB808 said:

You really think you are getting accurate numbers.  Didn't you learn anything  from history  about the power of the media?  I can tell you the numbers have always been slanted.  Many are taking the test at home, testing positive,  and not reporting  to hospital  or anywhere.  

I don’t doubt the announced figures are way below the actual number of cases. My point was that the declared number is the one the governor has to be seen to act on and will be judged on by those higher up the bureaucratic tree. As with many things in the Land of Masks, appearances are everything.

29 minutes ago, Gsxrnz said:

The muppet released the following as part of the order on 1st January.

 

"If the venue serves over 100 people regularly customers must have a test before entering the premises, regardless of vaccination status. This can be a rapid antigen test taken within 72 hours and can be administered on-site.

If the venue serves less than 100 people but has the appearance of being “busy” or congested antigen testing should also take place."

 

Then "early" on the morning of the 2nd January he re-released the updated order and withdrew this part of the original order.

 

I'm now insure if he was drunk when writing the first order and then sobered up to write the second order, or vice-versa. Not that it matters - both orders are ludicrous.

First one was for Chonburi as a whole. The second one released last night is specific for Pattaya/Nongprue/Banglamung and due to the rise in positive cases over last 24hrs.  Banglamung is the third one down on the right.

With 342 cases of covid in Pattaya/Banglamung this morning out of a total of 3112 in Thailand I can see why the governor is trying to tighten things up but can’t see this working as too late already.

On 11/26/2021 at 10:38 PM, persimmon said:

Definitely more research needed - I`ll check out IB and Etrade . I would rather have it in daughters name to mitigate IHT . Thanks for all the replies .

Sorry about the mis-spelling in the title - my carelesnes .

With the mention of IHT It might be worth looking at a non-US based broker as well such as Swissquote. 
 

Though obviously not a major concern with your daughter there are some anomalies on IHT regarding people who are not us resident or domiciled where, US based brokers cannot release funds until estate tax is paid on any US stocks and US based funds over USD.60,000.

1 hour ago, hotchilli said:

I noticed quite a few hundred students all arriving for a vaccine near my home on Monday, all in uniform.. no "civvies allowed" 

Indoctrination lives on.

 

My daughter got her second dose done on Monday along with several other schools at the same time - the uniforms made it far easier to keep them organised in groups as the moved through the system.

Daughter had her first shot today at Pattaya Sport Stadium. Very efficient and well organised - would guess about 10-12 schools were going through at same time.

2 hours ago, The Hammer2021 said:

I did not know the mor prom app will accept a foreign passport number. Mine won't. Only a Thai ID card number

The app takes the CID number you are given when you have your injection if you do not have an ID card. When you log into the app with it you can bring up your vaccine details and also health pass which shows name, passport number, vaccination status and a QR code.  You can also pull up a copy of your vaccine cert.

2 minutes ago, mfd101 said:

That's not really fair. He makes the point - valid in my view - that Sinovac was the only vac available to Thailand in large numbers at the relevant times. The others were NOT available at the time (ask any Australian).

 

Of course there were also mistakes made (refusing Indian help with AZ, which was soon cut off anyway because of India's own needs, & no doubt some brown envelopes passing around).

A fair point but how much of this was down to too much emphasis being put on keeping the virus out, both here and Australia, rather than vaccine procurement and development in the first place. Even when it became clear that vaccines would be needed in huge numbers there was a hell of a lot of dithering.
 

i supposed hindsight is a wonderful thing and many of us looked on smugly as our home countries were swamped by the virus.

Surely most of us that live here are the Elisa Doolitle of this analogy and stand out like a sore thumb with our poor language skill and cultural faux pas.

I have to complete a couple for brokers i hold us stocks with - they are valid for three years.

Only problem i have with them is not having a TIN (Tax ID no) in Thailand so leave that box blank and include something recent with my thai addresss on and explanation in email that tax id not required if no income generated in Thailand.

Withholding  tax reduced from 30% to 15% due to bilateral treaty between US-TH