chiang mai

I don't know if the Kasikorn graph is correct or not, my sole point is that a 7 day graph means nothing in terms of trend of future value. Simply, there is not enough data to determine direction, with any accuracy.

There are several parts to this. The first is that the amount of money you remit is only one factor, the other is the asessability to tax of that money. Technically, anything more than 60k baht of assessable funds, requires you to obtain a TIN and file a tax return. That is not to say you will pay tax on those funds, you wont, but those are the rules. The perceived common practise however is slightly different in that many people tend not to file a tax return, until they actually owe tax, which means remitting assessable income that is greater than the value of the deductions and allowances etc.

What a bizzare post! What would you like me to do, apologise for being so old that I no longer earn large sums of money that warrant me paying tax? Or perhaps you'd like me to apologise for having used my savings to provide for my wife having bought her a house that I now live in rent free? Or perhaps you want me to apologise for having enough income to live on but not enough to pay tax, because the Thai TEDA is so generous to older people? Or should I apologise for trying to help others understand Thai tax, because I used to work in finance and understand tax? Well, whatever it is you want to apologise for, I'm sorry that I have done those things that seem to have upset you. My promise to you in the new year is that I will try harder to find ways to pay more tax........there, happy now?

Scaremongering again, just as you were before.

My wife owns, I don't anything, I don't need to.

I know now that you don't understand how real estate agencies work in Thailand so there's no point in you and I discussing the subject.

"Question for you, if it was "scary" back then, while isn't it still "scary" now?" "Fact is, little has changed, and we are all still in wait and see mode". Six nine and twelve months ago, the whole Thai tax issue was brand new to many, if not most members. Slowly, over time, the number of people becoming "tax aware" has increased to the point where today, most understand the situation or at least have an idea about what's involved.....it has taken time for the message to spread across the community and sink in. I personally don't think it was reasonable six and nine months ago to go from no, or very little, understanding of the subject matter, up through enforcement and compulsory tax returns being required to obtain a visa, overnight, especially when so little was understood about what was being required. You may be a proponent of free speech, meaning that everybody can say whatever they want, and in doing so, scare the pants off older more vulnerable members who didn't understand the first thing about the subject matter. I am no such proponent and it appears Lister wasn't either. In that regard I think it was right to restrict the discussion to the components that were somewhat known and could sensibly be discussed, without terrifying people and allowing them to jump to inappropriate conclusions.. Today, one year on, the membership understands far more about what is likely to be required and many of the gaps have been filled in the collective understanding than it did six months ago. Much of the reason for this is because the tax consultancies have produced material that members have been able to read, understand and debate. Another reason is because of the debates that have taken place to dissect the information that was put out there. Regardless of what anyone may think of expat tax, the business has been a massive help in providing information to aid the collective understanding of the issues. Free speech, like democracy, is great as a principle but in practise it needs to be managed, if the needs of everyone is to be met in a reasonable manner, rather than just the needs of the few. You don't begin a discussion on tax by debating penalties, enforcement and telling people they wont be able to get a visa extension, unless they file a tax return, that is plain and simply wrong and inappropriate, ditto tax evasion discussions, The better and more constructive approach is to understand the issues in more detail and figure out as much as you can first, later you can turn up the heat, once everyone has understand more but that requires time and patience.

UOB Thai is a Thai bank, licensed by the BOT.

Roojai replied to my query in the OP, they said: "Roojai would like to inform you that for Next year renewal for your policy. According to your age condition with Roojai, there won't be any problem because your first purchased as new business age is allowed. therefore, you can stay with Roojai as long as you wish" Way to go Roojai.

Bangkok Bank, if you ask for it. Also, banks will not return an ATM card to you that has been eaten by an ATM, unless the card bears your name. If it doesn't, you need to go back to your opening branch to get a new one.

A seven day graph is as meaningless as a 24 hour graph, neither display trend. A 200 day MA on the otherhand......!

No, the 150k that is being referred to is the zero rated tax band that applies to any income from any source.

Fight, fight, fight! 🙂

210,000 THB should do the trick, unless you're over age 65 years, in which case the amount increases substantially.

You can request that your name is printed on the card but often it will take a ten days or so.

It was before my time but I did watch some of those exchanges. My recall is that there was a lot of attempts to discuss tax evasion and also a LOT of scaremongering about enforcement, particularly about an enforced link between tax returns and visa extensions.....I think it was right to shut them down because discussions about such things was hugely premature and confusing. Even today we see mention of World Wide Income becoming intermingled with POR161 rules and many don't understand the difference. There is a need for the topic to remain focussed.

Are you ADHD or what....no, not all of them, just some of them!

Yeah, I know, my question still stands....RE Agents have a nasty habit of selling properties and leaving them advertised, that was my point.

How many are actually for sale! I looked at one site recently and saw my own house for sale, it's been off the market for ten years!!!

Military?

That some prominent forecast models might have been shown to be wrong, doesn't equate to all spreadsheets rarely being accurate. Financial Forecasting using financial models is both an art and a science, most people remember the headline rather than the entire message and all the caveats that accompanied it.

Whoa, that's right out there in left field with the flat earth types.

If you'd bother to read the thread you will see that a couple of people do know and have posted correspondence from Roojai, on this very subject. Plus if you were to read the OP you will note that I have emailed Roojai and am waiting for a reply...bright boy! BTW, happy to put you back on ignore.

The poor dears, whatever will become of them!

I'm not interested in theory or what appears to be right, I'm exclusively interested in fact. If you don't know, just say you don't know.