
Karma80
Advanced Member-
Posts
681 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by Karma80
-
Russian Tourist in Underwear Battles Thai Police in Phuket [video]
Karma80 replied to webfact's topic in Phuket News
People are quick to laugh/poke at the cops, but they were trying to defuse it. I know it may shock you to learn that not every police force in the world shoots people as a first response or beats them up with an expandable baton. The cop had it pulled and clearly didn't want to use it. The guys clearly having some issues, and getting things to a calmer place should be applauded. Beating a guy up in his underpants in front of his family on film is not going to be a good outcome or look. -
Thailand’s DES Ministry Blocks Access to Over 178,000 Illegal URLs
Karma80 replied to webfact's topic in Thailand News
Thailand blocks porn, so not the most challenging job in the world to get results from. Apparently, you must only get your porn in person in the areas where prostitution doesn't exist, according to a different ministry. -
Poll Shows Confidence in Paetongtarn Govt Lasting Until 2027
Karma80 replied to webfact's topic in Thailand News
TDLR - 1,310 people betting on how long the current government will last and answering other speculative and pointless spoon-fed questions. -
Pre-paid Credit Card
Karma80 replied to connda's topic in Jobs, Economy, Banking, Business, Investments
SCB Planet Card—prepaid Visa. You transfer money onto the card, and you're good to spend it. It's instantly debited from the card, and you can transfer money onto it as you want. https://www.scb.co.th/en/personal-banking/cards/prepaid-cards/planet-scb-card.html Source - I've been using it for years. This is different to a debit card, because your funding is limited to what's on your card. It has no international transaction fees and is multicurrency in the sense that you can transfer between currencies loaded onto the card and hold balances - but check the rate you're getting if doing that. -
Thailand to Implement 300-Baht Tourism Tax Starting with Air Travel
Karma80 replied to webfact's topic in Thailand News
There should be a single-step immigration ETA app that includes the levy for tourist visa waiver. Not some separate tax just to inconvenience tourists in the collection. That's a half-decent plan that might help filter out some of the human garbage that Thailand is becoming a hub for with its current open-door policy. Ditch the insurance - if you can afford to come to Thailand on holiday - you can afford travel insurance or have your emergency plans in place. -
Expats in Thailand urged not to worry about negative income tax
Karma80 replied to webfact's topic in Thailand News
The only genuine concern is uncertainty. Investment, whether personal or corporate, requires a stable tax environment. Open discussions about tax reforms after the last PM of the moment instructed the RD to interpret the code regarding remittances has created quicksand under the feet of anyone standing on the Thai tax laws. Thailand needs to stop generating this speculation by having civil servants and ministers just shoot their mouth off. -
High-end Hotels Plan Rate Hike Amid Tourist Surge
Karma80 replied to webfact's topic in Thailand News
The market will dictate what people are willing to pay. The one thing that Thailand doesn't have a shortage of is options for accomodation. They should be mindful that price is perhaps the biggest factor when choosing Thailand as a destination, and not get too full of themselves.- 50 replies
-
- 14
-
-
-
-
Bank of Thailand Intervenes to Manage Baht's Exchange Rate
Karma80 replied to webfact's topic in Thailand News
Bali and Japan send their thanks to the assistant governor for the additional tourists. The impact on the already oversupplied and crumbling property market will be interesting. I can't see anyone with sense dropping THB on overpriced stock with the added pressure. Most people visting or buying in Thailand do not operate from a USD base, so are exposed to a 10% upward price shift on everything.- 145 replies
-
- 16
-
-
-
-
Rising Baht Sparks Fears of Another 'Tom Yam Kung' Crisis
Karma80 replied to webfact's topic in Thailand News
The Bangkok Post reports the Thai Central Bank admitted today it intervened in the Thai Baht and appreciated the value, although it happened faster than they thought. Seems this is an intentional strategy and the impacts on tourism have been considered.... -
Rising Baht Sparks Fears of Another 'Tom Yam Kung' Crisis
Karma80 replied to webfact's topic in Thailand News
The US Dept of Treasury believes Thailand is worthy of being on the currency manipulation watch list https://en.wikipedia.org/wiki/Currency_manipulator How effective that manipulation is is up for debate. I imagine not very is the real answer. -
Thai tax riddle: Elite Visa holders off the hook?
Karma80 replied to webfact's topic in Thailand News
If you're really wealthy, get an LTR, which has no tax ambiguity. Thai Elite may have done its day at this point. Between DTV and LTR, I would be surprised if the Thai Elite company could survive. It was already unprofitable, which gave rise to the recent price hikes. -
Golden week: Chinese tourists to Thailand dip as baht bites
Karma80 replied to snoop1130's topic in Thailand News
Totally. Chinese tourists are now the number one nationality travelling to Japan. https://statistics.jnto.go.jp/en/graph/ -
There are zero special tax regulations or allowances for Thai Elite Visa holders. Their statement is misleading people into thinking there is, or a marketing spin at best. Yes, some DTAs can impact a Thai tax resident. And yes, there is some transitory provision regarding money transfers before 2024. In some circumstances, an elite visa may make sense in someone's tax strategy compared to that of their home country. The government should consider aligning Thai Elite revenue allowances with the LTR. It would undoubtedly make it more attractive to higher-worth people. But TiT and who knows what vague tax ideas will be wafted out in public before any tax reform will be firm in future years. Until then, the only solid thing is the actual RD tax provisions - and concessions for Thai Elite Elite visas do not exist right now.
- 39 replies
-
- 10
-
-
-
-
Everywhere will. Welcome to the age of migration and movement controls.
-
Thailand issues four major announcements on new visa measures
Karma80 replied to webfact's topic in Thailand News
Why would they? Neither immigration nor a bank are the Thai Revenue Dept. Until either are directed under law to make revenue matters a part of their process, they could care less. -
Deputy PM Anutin Charnvirakul Inspects Flooding Preparedness
Karma80 replied to Georgealbert's topic in Central Thailand News
No. Don't worry though, Thaksin will let everyone know when his daughter is ready to announce his decision. -
Bangkok could be submerged in seven years warns economist
Karma80 replied to webfact's topic in Bangkok News
Government investment? We can't even sort out who the government is.- 176 replies
-
- 17
-
-
-
-
-
-
It's sad how many people come to Thailand thinking that every woman is a prostitute or for sale. There's an increasing number of stories surfacing on Reddit of expat women being molested by groups of Indians, for example, so I can imagine how legit non-sexual service spa staff get treated daily.
-
Paetongtarn Reaffirms Digital Wallet Commitment Amid Cancellation Rumours
Karma80 replied to webfact's topic in Thailand News
And how exactly do you think you ended up with this, or indeed any other job? Frankly, having any family with generations of prime ministers in it goes to show the level of corruption, nepotism and actively going out of your way to ignore the very people you claim to represent.- 48 replies
-
- 22
-
-
-
-
-
Paetongtarn Shinawatra Elected as Thailand's 31st Prime Minister
Karma80 replied to webfact's topic in Thailand News
No need to fix it when you have a tank or two. Just cancel them entirely. -
I spoke to a colleague in our India office this week, and he mentioned that it's hot news and probably won't be good for us in Thailand. Sure, you can't work on a DTV except remotely, but don't think for a second that people arriving from situations which are dire won't care too much about the risk. What's the worst that can happen if your life is terrible already? Not to cast a stereotype, but there is a reason that Indians are subject to stricter visa controls in most places, I'm afraid.
-
Thailand unveils new visa rules, sparks mixed reactions
Karma80 replied to snoop1130's topic in Thailand News
I agree there. The notion that every remote worker is some perpetually broke clickbait YouTuber is a complete stereotype. Many people I know are working remotely in Thailand on six-figure incomes. They use Thailand's territorial taxation and the very wide, more than vague enforcement, or lack thereof, to their advantage. Which brings us to this. Probably not. There's no choke point such as an annual extension for enforcement. If you're on an annual visa, you could chuck in a requirement to show a tax return. The DTV has no such mechanism and near impossible to enforce in any way. You arrive in Thailand, you get stamped for 180 days. The guy at the immigration kiosk in the airport isn't the RD. But perhaps that's the point. Thailand doesn't really care beyond lip service. Come and spend the money you're bringing in from overseas. Multiply by millions of visitors. -
Bt871m Worth of Gold Seized from Ex-Revenue Chief Sathit Rangkhasiri
Karma80 replied to webfact's topic in Thailand News
If there was a single story which sums up everything you need to know about Thailand, this is it. Thailand is just an amazing kleptocracy led from the top down.- 32 replies
-
- 17
-
-
-
-
-