
NoDisplayName
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Nakhon Ratchasima: 63 Year Old Man Dies in Pickup Truck Collision
NoDisplayName replied to Georgealbert's topic in Isaan News
***UPDATE*** Wife and sister drove by the accident site today, still many pieces of the the former pickup strewn about. But the highway department has fixed the problem. They've installed a line of yellow metal pole barriers stretching all the way from the main highway intersection to the beginning of the concrete barrier where the trucks were U-turning. These are ~10cm metal pipes, about 1-meter high, spaced every 8-10 meters in the median. Cars and small trucks can turn, but semis cannot. Problem solved!! Now the loaded salt trucks won't have to do a U-turn 250m from the plant entrance, on a lightly-traveled highway if they want to turn right to Phimai. NOW they have to drive to the Talat Khaen junction, turn left on the heavily-travelled A2 highway, drive ~3km south to the first official U-turn, do a U-turn into heavy traffic, come back ~3km to the junction, and wait up to 5 minutes at the red light with a very limited turn lane. Well, unless they use one of the two illegal U-turn spots on the A2 within the village area just past the junction. But they would never do that. Never. This will end well!!!!!!!! -
Hub of.
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Thai Tesla driver admits reckless driving after argument - video
NoDisplayName replied to snoop1130's topic in Thailand News
Hub of man-babies. -
Gifting the Spouse
NoDisplayName replied to NoDisplayName's topic in Jobs, Economy, Banking, Business, Investments
A stack of IRS Form 709's declaring a gift, but no tax due as below the threshold. https://www.irs.gov/pub/irs-pdf/f709.pdf United States Gift (and Generation-Skipping Transfer) Tax Return -
Gifting the Spouse
NoDisplayName replied to NoDisplayName's topic in Jobs, Economy, Banking, Business, Investments
I sell funds for LTCG to take advantage of the 0% tax bracket, and repurchase the same shares to reset the cost basis. As needed, I could transfer some cash to her account, with no unrealized capital gains for her to worry about. When done at year end, well, merry Christmas, honey! I'm thinking brokerage account as I was speaking with a Fidelity rep about the wife as beneficiary. When the time comes she can open an account to keep the funds in an income earning higher returns that what she can get here. But then I thought why not do it now? She could have a broker account to hold the gifts, and a separate cash account for other transfers. The rep told us they'll open an account for a Thai national now, so why not. No guarantee that will be possible in the future. It would just be so goshdarned convenient. And she can earn overseas, unremitted and not taxed by Thailand (yet), and potentially not taxed by Uncle Sam. Of course, I'll have to research the points that @sometimewoodworker brought up above. -
Opened a new account at Krung Thai several months ago to deposit my juicy interest withholding tax refund, using pink ID and ol' yeller, no questions asked. Showed my passport of course, and was given the standard FATCA form to fill out. Just a paperwork drill. Clerk's only interest was that I supplied a social insecurity number. Last three bank accounts I opened in China (BoC, ICBC, AgBank), four years ago, they no longer had me fill out FATCA, as had been required 'bout fifteen years ago. I reminded the Chinese staff that the US government requires all banks worldwide to submit to their financial masters. The bank clerk just smiled and replied "That's not what Xi said."
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Thailand set to ‘stir up’ the economy with juicy stimulus carrot
NoDisplayName replied to snoop1130's topic in Thailand News
Hub of word salad. -
Gifting is a little complicated, with two tax regimes and international transfers. But this is what I think I understand so far. Thailand: Gifts may be taxable events for both parties. A spouse may receive up to 20 million baht as a gift every year free of tax. Excess is levied a gift tax of 5%. There doesn't seem to be a filing requirement unless tax is due, but I'm not certain of that. The donor can gift funds from within Thailand with no tax implications to self. Funds sent from outside of Thailand are remittances, and are subject to the standard tax regulations. Irrelevant if the purpose is a gift. Two separate events. Tax on the remitted funds is based on assessability and donor's TEDA, with excess taxed as personal income at rates up to 35%. No tax is levied on the donor for giving the gift. USA: Receiving the gift within exclusion limits is tax-free for the donee. Any gift tax is paid by the donor. Gifts to spouses are generally tax-free, up to a lifetime limit of $13,600,000. Gifts to foreign spouses is capped at an annual tax-free limit of $185,000. IRS Form 709 is used to declare and pay gift tax. Form is not filed if no tax due. A null filing might be useful as documentation for future Thai filing questions. The solution would seem to be setting up an individual brokerage account in the spouses name outside of Thailand. Let's say I gift my wife 1 million baht annually, currently about US$29,000. I sell funds in MY individual account and pay the capital gains taxes if any, and transfer $29K into her individual account as a gift. There is no US gift tax, as I am under the $185K annual threshold. She has cash in her account without worrying about cost basis had I transferred shares previously owned. Form 709 is not required, but a null form may be filed for documentary purposes. There is no Thai income tax for me, as no money has been remitted into Thailand. There is no Thai gift tax for the spouse, as we are under the 20 million baht annual limit. I can do this every year, and when I eventually expire, she will have more than enough funds to live on until the IRS provides the Transfer Certification, which can take up to a year. She should be able to remit the funds herself at any time, either by SWIFT or wise, as non-assessable prior gifts. She can keep the funds indefinitely in her US-based individual brokerage account, we will invest in ETF's and start earning more than the pitiful 1.5% she could get if brought in to Thailand. That will require a W8-BEN withholding form for the brokerage, and she'll also have to start filing US tax returns. If she can get an ITIN, I'll have the option of filing Married filing Joint. Or perhaps keep it simple, and she can file herself to keep her gifted funds separate from mine. Any comments, constructive or otherwise?
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They also take a photo with the wee, tiny camera affixed atop their computer. Not complaining, just wondering why. What's the point of that if they also require photographs? Wait..........don't answer that. Obviously, they keep the photos of hansum mans to take home to hang on the fridge or stick in their diaries.
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That's exactly what I'm saying. I include a copy of the online TM-30 print-off with my extension application package, but that is not accepted. Wifey must go into the next building and submit a new TM-30 notification, then cross the street to make copies of the receipt. For every extension. But they no longer want the hand-drawn map. The four additional pages that were added at CW are not accepted. Korat has their own additional papers to fill out. They take a photo using their laptop camera, but still want two photos from me, one for extension and one for re-entry.
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I don't understand. I left Texas, and now live in Thailand. I spend about half a day in total, a full day in a bad year, handling immigration formalities. Why wouldn't Americans like it? After all, that's what we signed up for when we chose to expatriate to a foreign land. We knew the rules beforehand.
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It's not so bad. 90-day probation reports online, 3-4 times/year, 5 minutes each. Extension day takes a few hours. One hour drive to the big city, 30 minutes for the bank statements, then one hour (minimal wait with reservation) at immigration. Rest of the day shopping at the mall or Homepro. One hour drive back. Ten minutes in January filing a tax return online. It's more trouble getting the NGV certificate for the pickup, taking several hours in the big city. At least we can enjoy dinner, after dropping off the truck to be inspected and insured.
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Lax Law Enforcement Cited for Alarming Road Fatalities in Thailand
NoDisplayName replied to webfact's topic in Thailand News
But those are only the victims that expire at the scene of the accident. Anyone so much as loaded into an ambulance retaining a faint pulse, and then passing, is not counted in the road death sadistics. -
OP appears not to be technology-inclined. Assume he has the most basic setup, in which case he likely signed up for a free hotmail account a decade ago and hasn't set up any complicated popamapawhosiwhatsitthingamabobs. Just a simple email. No point in confusing him until he returns to clarify.
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The emails all live on the hotmail/google/whatever servers, NOT in your computer. That's why you can't access your email without an internet connection. On whatever device, you go online using a browser, open your email account and send to any email account. None of that lives on your hard drive unless you upload/download attachments. You can open your hotmail account on your laptop AND your phone simultaneously and send message to/from your email account. With email open on both devices, send an email to yourself from one of them. Go to the other device, and you can see that same message in the 'sent' folder before it reaches the inbox. Anyhoo, if what I think you're asking is can you send all your old emails from your old computer to your new computer, that's not necessary. If you're asking about attachments/files you've downloaded previously, then you need to transfer those to your new hard drive manually. If they came from old emails that have not been deleted, you can open those emails on your new computer and download them again.
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Trump's Cabinet of horrors exposes his totalitarian drift
NoDisplayName replied to simple1's topic in Political Soapbox
They would never. Well, except for that Steele dossier. But that was different. They were defending democracy or something. -
Trump's Cabinet of horrors exposes his totalitarian drift
NoDisplayName replied to simple1's topic in Political Soapbox
I think we should be congratulating the former and soon to be current Mr. President for his dedication to diversity and inclusion. He created a brand new department, and at its head he chose a truly patriotic African-American. Good on Trump for this decision. Musk is not a woke DEI diversity hire, but an African-American immigrant and rocket scientist! I hear he also dabbles in brain surgery! -
Nakhon Ratchasima: 63 Year Old Man Dies in Pickup Truck Collision
NoDisplayName replied to Georgealbert's topic in Isaan News
But in the end, nothing will matter. No amount of roadway design or safety devices will lower the death toll appreciably. Not when there is no driver education. Not when there is no enforcement of traffic or safety laws. Not when an amulet trumps wearing a seat-belt or driving sober. Let's say we complete all the suggested revisions. Local idiot in a pickup will still be driving 100kmh in a 60 zone scrolling through his facebook feed, as a truck driver pulls onto the highway without looking first. -
Nakhon Ratchasima: 63 Year Old Man Dies in Pickup Truck Collision
NoDisplayName replied to Georgealbert's topic in Isaan News
I'm no highway engineer, but i kinda like the spot where they do the u-turns now. Looking at the googles, the salt factory property extends to the u-turn spot, where there is dirt farm road that joins the highway, running between salt factory property and rice fields. A small frontage road could be run to that spot with a large enough turning area for trucks to get perpendicular to the highway before turning. That would be minimum 500 meters from the end of the blind curve, in a well-lit straight stretch. Maybe add some flashing lights and some rumble strips, and drop the speed limit to 60 for the entire highway. Speed is only increased to 80 for about 3km, and there's another official u-turn in the middle of that, heavily used by container trucks and sugarcane dual-trailers. Might also work on the traffic light timing coming off the main highway. The times I've gone that way (honey-bunny has relatives in Phimai), if you miss the green, you've got a 5-minute wait at the red. In addition, you've got loads of drivers that choose to "double-park" at the light instead of getting in single-file line. Results in some drivers that follow the rules missing the next green, so lots of aggression coming out each time the floodgates open. How's that for an amateur? https://www.google.com.au/maps/@15.2453564,102.4253454,353m/data=!3m1!1e3!5m1!1e4?entry=ttu&g_ep=EgoyMDI0MTExMy4xIKXMDSoASAFQAw%3D%3D