
NoDisplayName
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Retirement extension
NoDisplayName replied to Negita43's topic in Thai Visas, Residency, and Work Permits
This is the Korat immigration office with their own rules. Korat requires a new TM-30 each year when you apply for extension. TM-30 desk is in the next building over, takes 5 minutes. My wife does it for me and makes a copy while I'm in the documentation check area. Yes, every year the same, just as at CW with their 3 extra pages. But Korat has their own versions. I included CW copies in my package first time there, which were not accepted. Shouldn't be, unless you have two separate sheets where theirs is double-sided. I prefill with blue ink. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
Millions and millions of voters agree: He's not Harris. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
In a press conference, the Prophet Elon proclaimed "There's crazy things… cross re-examination of Social Security, and we've got people in there that are 150 years old." So that much is true. A "cursory" examination of the data is of course, "cursory," and some records indicate an age of 150. Did the cursory check include birf'dates or just age? Either way, why are we still using a decrepit COBOL system, and why are there records without birf'days? No, let's not investigate waste, fraud, abuse, mismanagement, just let the program go insolvent................like a Trump casino. -
30K interest should result in 4500 baht withholding tax at 15%. (I think there may be a limit to tax free interest of 20K baht.) The following forms of interest income may, at the taxpayer’s selection, be excluded from the computation of PIT provided that a tax of 15 per cent is withheld at source: interest on saving deposits in commercial banks if the aggregate amount of interest received is not more than 20,000 baht during a taxable year Don't know if that means you can't get withholding refunded for amounts over 20K, only that it must be shown on the tax return. *********** You haven't filed for 4 years, I assume you earned similar interest in the past. Why not stop by your bank and get withholding statements for the past three years, free of charge. Then file 2022, 2023, 2024 returns online, only needing to upload the bank withholding statements, not claiming any remittances. Your cost will be an hour at the bank, 200 baht late filing fee (only charged once), and an hour at the computer filing returns. For that, you get ~12,000 baht refunded. (If the tax-free limit for interest is 20K, then your refund would only be 9,000.)
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Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
Under the old rules, wealthy Thais could invest offshore, make $Millions in capital gains in the US and repatriate the earnings tax free the following year. Capital gains for non-resident foreigners are NOT taxed in the US, only interest and dividends! They had their cake, and then they ate it. Now they'll have to use gifting rule, and worry their soon-to-be ex-wives don't run off with the cash, or pay lawyers/accountants to set up family trusts and front companies to get their cash in tax-free. This, I believe, is why the rule interpretation is being reconsidered. -
Retirement extension
NoDisplayName replied to Negita43's topic in Thai Visas, Residency, and Work Permits
If you make online appointment, expect to be called ~30 minutes before scheduled time. You must get a new TM-30 receipt before having your documents checked. IO will give you a new 90-day receipt when you do your extension. Everything done in one go: extension/re-entry/90-day. Small shop across the street has copier and will make passport photos. Bangkok Bank a couple KM north of immigration, just north of HomePro, will prepare bank letters in ~10 minutes. Parking inside the compound beneath the building. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
If you had ever held a TS or higher, you wouldn't be asking that question. And consider many of these were new hires still in the probationary period.......FBI would have recently been updating their case files. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
Probably. And they probably don't have a personal cell phone/email for personal use, they probably just hand out their TS/SCI numbers and emails to everyone, and they probably don't have a physical address, at least not in the US..... Perhaps they were the ones who ordered $400 million in armoured Teslas to drive to their puppy training retreats. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
The National Nuclear Security Administration (NNSA), vital for counter-terrorism and nuclear weapon transportation, is recalling employees due to their access to sensitive national security secrets, sources revealed to Bloomberg. ...these positions often require "high-level security clearances and extensive training of at least 18 months... https://www.msn.com/en-us/news/us/embarrassed-elon-musk-hastily-rehires-fired-nuclear-employees-after-dreadful-doge-error/ar-AA1z6ZvO However, officials noted they did not have the personal contact information for these individuals. https://www.msn.com/en-us/news/politics/nuclear-agency-struggles-to-contact-fired-employees-to-inform-them-their-termination-was-rescinded/ar-AA1z7EL0 This is............strange. Top level ueber-secret clearance guys overseeing critical nukular infrastructure....................don't have a valid cell phone number on file? Can't be reached? In that case, they should be fired! Maybe the FBI could try adding prefix +86 10 to their number on file. -
Elon Musk and his incompetent doge team
NoDisplayName replied to OneMoreFarang's topic in Political Soapbox
According to the article: An email obtained by NBC said the letters for some NNSA employees "are being rescinded, but we do not have a good way to get in touch with those personnel". Must not have been essential personnel if they don't have a phone number on file. "Hey Lenny, what's this red line on the dial mean? Why is that light flashing? Somebody had covered it with black tape." "I dunno, Carl. I'd ask Homer, but Mr. Burns got Smithers to fire all the deadwood." -
Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
Not really misleading. TRD actually ruled on pre-2024 income, remitted in 2024 and beyond. I'm shirley it could be possible to come up with some circumstance where this was not the case, such as a tax-resident in 2017 remitting 2017 income in 2017, but of course the comment and this thread are not concerned with that. It's all about the change to prior year income now being assessable. We're speaking specifically about the time after the change, that being after 01 Jan 2024. -
If state charges, Trump would have no say over New York persecutors. These are federal charges in federal court with, umm, federal persecutors defying their DOJ leadership. But apparently Trump is not so corrupt as to give his crony a 10-year 10%-for-the-big-guy-so-never-even-gotta-go-to-trial-card.
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No, that means the current case is not justified by the (lack of) evidence. Without prejudice means they can re-file the case if they feel they can prove it. Shirley, if Trump was as corrupt as you say, he'd simply pardon his crony for all crimes, even if not yet uncovered, going back ten years. That would be corruption!
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Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
That is incorrect. All income pre-2024 remains exempt, regardless of tax-residency. In 2026, 2025 and 2026 income is taxable (depending on tax-residency). Pre-2024 income remains exempt. In 2027, 2025 and 2026 and 2027 is taxable (depending on tax-residency). Pre-2024 income remains exempt. All they've done is close the "only current year income is taxable" if tax-resident loophole, effective for income earned after 2023. And now it appears they may be going back to the previous interpretation. -
Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
They are currently experimenting with FAFO. -
Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
Not sure what that has to do with remittances IN to Thailand...... Tax man said "...the global economic landscape has shifted, with some countries no longer adhering to the original OECD rules. This necessitates an adjustment..." More likely has to do with President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.- 245 replies
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Kalasin tax office today- result!
NoDisplayName replied to Scouse123's topic in Jobs, Economy, Banking, Business, Investments
There are no columns for NON-assessable income, and no provision for deducting if declared. But go check out this other thread. Looks like this may all turn out to be just a bad dream. -
Scholz calls for state of emergency
NoDisplayName replied to GroveHillWanderer's topic in The War in Ukraine
........as offended liverwurst. -
Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
I'm'assume somebody important with important friends in important positions did not agree. I'm'assume also that global taxation is dead in the water, for the same reasons.- 245 replies
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Thailand May Ease Overseas Income Tax Rules Amid Global Changes
NoDisplayName replied to webfact's topic in Thailand News
So, back to the old ways? That didn't last long. ...the global economic landscape has shifted, with some countries no longer adhering to the original OECD rules. This necessitates an adjustment... “Currently, investment within Thailand is declining,” Pichai stated. “While those with income to spare are investing overseas, the amount they’re bringing back is less than the amount they’re investing. We want to rectify this and incentivise them to bring their money back home.” https://www.nationthailand.com/business/banking-finance/40046276- 245 replies
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