lordgrinz

5 hours ago, OneMoreFarang said:

Just arrange new elections and let the Thai people vote for the PM they want.

I am sure they will, right after they dissolve and outlaw the MFP. 

12 minutes ago, SpaceKadet said:

Except the fact that it's the superrich that make the rules in this country.

They do in all countries, the difference here is that superrich have no checks and balances on their behavior......thus, one of the most lopsided economies in the world.

2 minutes ago, SpaceKadet said:

Why not? Currently, they operate gas fueled power plants. We haven't heard of any incidents there.

IMO, the chemical plant complex in Map Ta Put is far more dangerous than a NPP.

 Based on what I see of their subpar building practices, and their lack of safety, I would never let them run a lemonade stand let alone a Nuclear reactor.

Thai's operating a Nuclear reactor?! What could go wrong? 🤪

I would guess the first year of these changes will be a mess, by the second year things will get hammered out, so by the summer of 2026 we should finally have a really good picture of things. Until then, if you brought money in before Jan 1st 2024 and can make it to 2026 without any more needed remittance, then feel lucky. I wish I remitted about B1-2 million more, but for now I'll just go cheap Charlie for a while. At least the money left in the US can grow while waiting.

12 minutes ago, black tabby12345 said:

At the end of tax year, the revenue department will find out what a waste of their time and energy to tax on foreign retirees.

Creating useless paper works for nearly nothing.

 

Remember, in the new technology age, Immigration still insists on 100's of copies of paper, and an army of workers to sort through it all. It's Thai way of employing useless drones, just create "useless paper works" at the expense of Foreigners.

28 minutes ago, Mr Meeseeks said:

 

He'll not run away this time.

 

There may even be a groundswell of support for him that may be the start of some real reforms.

 

It certainly looks like they kept these charges back so that they can hold them over him in case he started to become a nuisance again. 
 

Well guess what? He's becoming a nuisance again, as predicted. 

Last I checked there isn't all that much support for Pheu Thai, let alone Thaksin.

2 minutes ago, bob smith said:

well said.

 

question I keep asking myself is why do us well-heeled farangs subject ourselves each and every year to the constant cycle of abuse?

 

we must be rather masochistic by nature...

 

bob.

Yup.....we are their little puppets........"Hey Farang, JUMP!"

The Circus continues, P.T. Barnum's got nothing on these guys. 

1 minute ago, freeworld said:

No it will not. Companies and people will just be subject to tax in line with OECD, UN and CRS norms and local taxation rules.

 

Thailand as a country will still survive and they can amend their tax laws further if something is not working.

This was like shooting themselves in the foot, they might survive, but it would have been better to study the pros and cons first. You know, like before putting the loaded weapon in it's holster with the safety off.

1 minute ago, atpeace said:

OK, my running shoes cost 8k baht.  That is extortion? Should I shoplift my next pair?  Some truth in what you believe but just curious how would a society work without taxes?

When do we get representation for our taxation? Do we get to vote here? Do we get permanent residency? Do we get to enjoy Thai SS and 35Baht Medical coverage?

16 minutes ago, Mike Lister said:

A statement or bank book dated 1 January 2024 will work, what more can there be.

How would you verify any information in the statement, or that it is even a real statement? The US Embassy won't do it, and I doubt anyone in Thailand will accept a foreign issued bank statement. Like I said, they need to clarify a lot of things soon!

57 minutes ago, wensiensheng said:

So if I live off my capital and don’t bring any income in to Thailand, or earn any income here, do I still need to fill in a tax return? 
 

no taxable income to declare will be a nil return if so

You mean you don't have any of this capital in interest bearing accounts, the stockmarket, real estate rentals, etc.?

1 hour ago, Mike Lister said:

Correct. The US SSc income is exempt by treaty and the pre 2024 savings are exempt by Por162.

(regards to Savings/Income before Jan 1st 2024) - Proving that will be the problem, no guidance on that yet. 

1 minute ago, paymaster said:

You seem to overlook one critical fact in your Utopian solution. The Junta is actually a Military Junta. Sadly they are the ones with the GUNS AND TANKS.

In Myanmar, that doesn't seem to matter, people there have a backbone......here? sheep.

3 minutes ago, TroubleandGrumpy said:

I am sure you are being facitious - and that you already knew Thias are not at the top end of the evolutionary pole for IQ. That is why there is no Mensa branch here (despite the prestige available if someone was a member) and the Thailand Facebook site for Mensa members is open to all people residing/working here, and still has less than 100 members (86). 

Yes, the average here is I believe 88......yikes!