
K2938
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Posts posted by K2938
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Just now, Yellowtail said:
Is the water and power in your name?
1 minute ago, Yellowtail said:As I understand it, the owner has the right to inspect the property, but they have to notify the tenant.
Is the water and power in your name?
Nothing in the contract on a right to inspect the property. And in any event that would only be the landlord, but not together with the prospective purchaser.
Water and power is not in my name. All stayed as before.-
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4 hours ago, scubascuba3 said:
No point making it difficult, just find another condo
What bad things could happen? I do not want to move and actually just moved there a month ago. Also, difficult to imagine how anybody would buy the condo without having seen it from the inside and I do not plan to allow people entering the apartment
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Is my understanding correct that if the landlord sells a rented condo then this does not impact any rental contract in place? And if there is also no clause in the contract allowing the landlord to terminate early, then is there anything the landlord can do?
And finally, it is my understanding that the tenant also does not have to permit viewings if not explicitly laid down in the contract, so the whole thing seems rather difficult without the full support of the tenant? Is there anything nasty which landlords then can do?
Thank you.
----------------------------------Section 569. Transfer of Property does not terminate rental contract
A contract of hire of immovable property is not extinguished by the transfer of ownership of the property hired.
The transferee is entitled to the rights and is subjected to the duties of the transferor towards the hirer.
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Good stuff from Reddit...
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Good stuff from reddit...
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1 hour ago, motdaeng said:
as far as i remember, they only talked (not planned) about global income tax ...
It was a plan announced by the previous director of the TRD as far as I remember. So in substance pretty much the same level of authority as now the plan to go back to the tax-free remittance scheme
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46 minutes ago, topt said:
Hopefully not but if yes then I have less confidence it will happen this year.
Given the political trouble, it certainly looks less likely to happen now I would say. But all these announcements have a limited credibility anyway. A year or so ago, there was equally an announcement that full taxation of global income was planned and nothing happened. So my base assumption would be that things stay as they are.
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7 minutes ago, samtam said:
There is no definitive answer, but TRD seem to hedge it with "as long as you're not making an obvious habit of it with large purchases", which is utterly meaningless.
Thank you so much for your tremendously insightful and helpful answer. Just as a follow-on may I ask where the TRC stated that credit cards are ok "as long as you're not making an obvious habit of it with large purchases" or something similar? Thank you!
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Is their now already any clarity on if credit card payments with a foreign credit card for purchases in Thailand are remittances?
And if yes, then I guess a flight back to Thailand is not a remittance since it is not for something in Thailand?
Thank you.-
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On 5/8/2024 at 1:14 AM, Sheryl said:
Is this still a strongly recommended place? Just wondering as its reviews on Google are kind of mixed. Thank you!
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Anybody having experience with Bumrungrad Dental Center? Bumrungrad is usually an excellent place, but the dental center on Google has largely disastrous ratings.
How about Samitivej Dental Center on Sukhumvit?
And what are other good places? Do not care so much about prices, but want a high quality check-up and cleaning and honest advice, i.e. where I am not told I need to do all kinds of things not really necessary just because they lead to revenue for the clinic.
Thank you. -
1 hour ago, Peter Crow said:
The most likely answer is that IF you stay in Thailand 180 days, or more, all remittances prior to the date of effect of your visa will be be taxable.
Thank you, but just to make sure: This is an educated guess of what might be sensible from you, but not based on any statement of "the authorities"?
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I would like to ask some questions regarding the latest policy application on the LTR visa. Apologies for the rather technical nature of some of them:
1) For the wealthy pensioner visa what is the latest appetite of the BOI for realised income from capital gains? So you e.g. hold a fund which you bought for 100 000 USD and then sold for 300 000 USD. Is the 200 000 capital gain admissable income or not? Some time ago, they did not like this very much.
2) What is their appetite for unrealised income from capital gains, i.e. e.g. increase in value of a broker account from x to y over a year without actually having sold and thereby realised this? So you e.g. hold a fund which is worth 100 000 USD at 01.01.2024, but 300 000 USD at 01.01.2025. Is the 200 000 USD difference admissable income or not?
3) What is their appetite for undistributed dividend income, i.e. for example a holding of various companies paying dividend with the dividends being immediately reinvested instead of distributed (so-called accumulating vs. distributing investment funds [which are uncommon in the U.S. due to certain tax advantages there])? So you e.g. hold a fund which receives 100 000 USD in dividend, but immediately uses this 100 000 USD for buying additional shares. Is this admissable income or not? In many jurisdictions, you would pay income tax on this in spite of not actually physically having received the dividend, but the fact remains that this is not a dividend you actually received in cash.
4) For how many years does the BOI now require income proof for wealthy pensioners, one year or two? It used to say one year, but then they really wanted two at least for some time.
5) What happens if the applicant cannot provide income tax statements since his or her circumstances were such that no income tax declaration was due (e.g. due to previous non-taxation of various foreign remittances, tax residence in a tax-free place etc.)?
6) From when does the tax benefit of non-taxation of foreign remittances start for people already previously in Thailand on a different visa? The benefit is given for the entire calendar year in which the LTR visa was obtained, pro-rata to the time of the LTR visa or how in case anybody knows?
Thank you. -
5 hours ago, jojothai said:
Some Thai banks are now starting to ask for Tax ID, and it will eventually get implemented here under the CRS .
Some Thai banks are now starting to for FOREIGN or THAI tax ID? Or regardless?
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16 minutes ago, MrMo said:
That works out at an annual interest rate of 5.5%. Never seen a Thai bank offering that sort of rate on a savings or deposit account.
But rather easy to get in the stock market. SP500 has about 10% p.a.
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1 hour ago, Gaccha said:
Two-tier pricing. Fantastic....
Disgusting. And will make the trains even more crowded, so I will not only pay relatively more, but also get even less quality.
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16 hours ago, Freddy42OZ said:
I receive mail from all over the world as part of a global mail testing service.
I received an airmail item from the UK a few days ago that was mailed on May 28th, 8 days from the UK to Bangkok. Postage on it was 3.20 GBP (!!!) for a standard envelope.
I sent some documents from Bangkok to our family lawyer in the UK and they took 2 weeks (registered, A4 size)
I've not noticed any slowness compared to normal timings.You send all this by regular airmail in both directions and it actually arrives? For me things usually get lost. Any pro advice?
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22 hours ago, watchcat said:
Reminds me of the famous Stalin's Organ.
You are not far off. The truck is Russian and the weapons as well.
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Wish you weren’t here? Why people of all ages want to leave the UK Quitting the UK might save you a small fortune in tax, but could still cost you in other waysJune 7 2025
https://www.ft.com/content/c30f2603-d92c-48c1-be71-53fd340ed836 (subscription required)
https://archive.ph/SlVsi (without subscription)
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2 minutes ago, Presnock said:
well itis clear as mud - seems like the same BS spread over and over that we saw with lots of comments last month. Still where is the final "gazette published" changes which means it has been approved by all?
Two articles published on the same topic means the probability is rising😊
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1 hour ago, offset said:
Not quite true they will refund withheld tax from your savings in Thailand if you owe no tax here
That is true (if you have no other income and apply for), but I do not think that this was the question of the OP.
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2 minutes ago, CallumWK said:
So if I have a pension in my home country, on which I obviously get taxed there, and I remit the income to Thailand, I get that tax refunded.
Are that pigs I see flying through the sky?
You do. At best the Thai tax rate will be zero, they will not refund you anything.
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Today new Bkk Post article on taxation with lots of details
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Today new Bkk Post article on taxation with lots of details
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Sale of rented condo without agreement of tenant
in Real Estate, Housing, House and Land Ownership
Posted
Could you elaborate, please? Trying to learn from your experience.