bg53
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Digital Wallet Project to Spur Economic Growth, PM Assures
bg53 replied to webfact's topic in Thailand News
Not how tornados work. -
Bank funds for retirement visa
bg53 replied to whophant's topic in Thai Visas, Residency, and Work Permits
I have heard slightly different versions from different volunteers and IOs about how dates are calculated (this is CM immigration). To be absolutely safe, stick to 800K for 3.5 months pre and post. (This is not OP's situation, but many foreigners do keep 800K year round to avoid the hassle despite low interest rates.) -
Passport renewal question
bg53 replied to bunnydrops's topic in Thai Visas, Residency, and Work Permits
Yes to file a new TM30 preemptively when you come back in, ASAP. It will save you a lot of headaches. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
Malaysia is relatively benign. Unfortunately this is not the forum to discuss details, but you are obviously on top of the tax issues. -
Thailand weather alert: thunderstorms and heavy rain in 30 provinces
bg53 replied to webfact's topic in Thailand News
Risks: floods, storm damage and power disruption. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
Malaysia, Philippines and as of now Cambodia -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
Right ..... Good luck to your tax planning. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
It is possible. However most people would want to get out of tax residency. To intentionally get into double or multiple tax residency status to choose which country to pay tax to is a very novel idea. Perhaps it exists in a handful of combinations. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
Where did you get this concept? Residence falls on one side or another, and DTAs have clauses to decide residence. -
A deadly accident on Sukhumvit Road resulting from reckless U-turn
bg53 replied to snoop1130's topic in Pattaya News
Saw the video. Did the man drive dangerously? Yes. Did the boy (RIP) ride dangerously? Yes. I don't know how much to blame either party. Almost killed a woman on a motorbike once. She swerved into my lane (right, fast) to make a James Bond style u-turn. Slammed the brakes and just missed hitting her bike. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
DTAs do not work this way. Both Contracting States (at residence/domicile and at source) will have a right to tax (save for exemptions, limitations, non-discrimination or other clauses). The resident has no right to select which country he pays tax to. At best he can claim tax credit under the particular DTA to prevent Double Taxation by both Contracting States. -
Military officer’s “rank” behaviour caught on video, sparks probe
bg53 replied to webfact's topic in Thailand News
Spokesperson must have breathed a sigh of relief. -
FDA Orders Recall of 15 Children’s Syrups Amid Safety Concerns
bg53 replied to webfact's topic in Thailand News
How in the world did the contamination affect so many brands? One manufacturer? -
Local administrations are facing challenges with land tax issues
bg53 replied to snoop1130's topic in Thailand News
I agree. Here, they plant banana, just a token amount, to get around the taxes. -
American Man Swept Into The Sea, Wife And Child Rescued In Phuket
bg53 replied to webfact's topic in Phuket News
RIP. And don't smear the Thai lifeguards. They did everything they could and rescued the boy. -
Make take on the new tax laws and panic
bg53 replied to wmlc's topic in Jobs, Economy, Banking, Business, Investments
Lessons from the Politico article about Belgium's new tax law. There is a chance that the new Thai scheme will tax more than that, e.g. capital gains. Thailand should consider not just the short-term, top-line revenue gains but all the consequences. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
First, I want to show my appreciation for what you did on AN about tax issues. Second, a reaction doesn't have to be binary (no reaction or full on panic). Look at options and find ways to get around the iceberg. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
It's new for Thailand, and there are options around it in nearby countries. -
Thailand to tax residents’ foreign income irrespective of remittance
bg53 replied to snoop1130's topic in Thailand News
Worldwide basis of taxation also comes in 2 flavors: 1. Assessable income inbound. 2. Assessable income worldwide. The comment attributed to the RD official is of the second variety. -
Make take on the new tax laws and panic
bg53 replied to wmlc's topic in Jobs, Economy, Banking, Business, Investments
Those girls work on a pure cash basis in Korea, which has tight currency export oversight. You mean to say most foreigners are in the same boat? -
Make take on the new tax laws and panic
bg53 replied to wmlc's topic in Jobs, Economy, Banking, Business, Investments
You think those girls will ever pay tax? Who knows what they earn? -
Make take on the new tax laws and panic
bg53 replied to wmlc's topic in Jobs, Economy, Banking, Business, Investments
This is a small slice of the labor market (come back >180 days).