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bg53

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Everything posted by bg53

  1. bg53
    Right ..... Good luck to your tax planning.
  2. bg53
    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.
  3. bg53
    Where did you get this concept? Residence falls on one side or another, and DTAs have clauses to decide residence.
  4. bg53
    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.
  5. bg53
    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.
  6. bg53
    Spokesperson must have breathed a sigh of relief.
  7. bg53
    How in the world did the contamination affect so many brands? One manufacturer?
  8. bg53
    I agree. Here, they plant banana, just a token amount, to get around the taxes.
  9. bg53
    RIP. And don't smear the Thai lifeguards. They did everything they could and rescued the boy.
  10. bg53
    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.
  11. bg53
    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.
  12. bg53
    It's new for Thailand, and there are options around it in nearby countries.
  13. bg53
    could you give a link for your source?
  14. bg53
    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.
  15. bg53
    Please also note that pensions may be exempt under Thai Double Taxation Agreements. Check your particular DTA.
  16. bg53
    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?
  17. bg53
    You think those girls will ever pay tax? Who knows what they earn?
  18. bg53
    This is a small slice of the labor market (come back >180 days).
  19. bg53
    The Thais who work abroad are not tax residents.
  20. bg53
    I agree. If Plan B involves logistics and the movement of financial assets, it would be wise to lay it out ahead of time.
  21. bg53
    The LTR situation will be closely watched for sure.
  22. bg53
    The police must be on high alert now. Late April some Chinese businessmen were kidnapped and two police officers were on the list of suspects.
  23. bg53
    Overstayers actively evade detection. The masses of retirees are law-abiding and have to faithfully turn up at immigration. Easy targets in comparison.
  24. bg53
    Thailand has only itself to blame for the 11th spot.
  25. bg53
    So true. The extended "smoke season" and now the tax residency crap make it a double whammy.

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