Everything posted by lordgrinz
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New tax era in Thailand begins as Revenue now shares data with 138 countries within the OECD
Yes, but how do you prove money sent here from a large savings account that would have mixed in profit from equities/interest/etc. was taxed? Say I have $100,000 in a saving account, and move money from profit of $5000 into the account, then I remit $20,000 to Thailand.......how do you handle tax on mixed money in a savings account?
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New tax era in Thailand begins as Revenue now shares data with 138 countries within the OECD
This is the part that gets a little screwy, is it just on remitted money, and if its much smaller than the senders worldwide income, how do they decide if this smaller amount remitted was taxed?
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New tax era in Thailand begins as Revenue now shares data with 138 countries within the OECD
So during the Pandemic I lost my Digital Nomad job, so living off savings (which can go for quite awhile until SS kicks in), and have money in a brokerage account and IRA in InteractiveBrokers in the US. My wife already has me on her taxes at the end of the years, which uses my Pink ID number as my TIN. My question would be, how are the following handled? 1) Just sending over savings that has been in the US for several years. 2) Selling stock purchased in the US, where profit would just go into savings in the US and not be sent here for a while, or maybe never. 3) Obviously there is quite a bit of interest on savings and brokerage accounts in the US, is that income that needs to be shown here, even though the money isn't coming here? At least not for several years? 4) Do I continue to have my wife just do the taxes as married filing jointly here, or is this new tax scheme forcing us into doing tax separately now?
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Pink Line Monorail to Start Collecting Fare from Jan. 7
I'd be more worried about travelling underneath it.
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Scores of people die in road accidents on fifth of the seven dangerous days
If you saw what passes for a road test here, it would be very apparent why.
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Scores of people die in road accidents on fifth of the seven dangerous days
Couldn't disagree with you more.
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Scores of people die in road accidents on fifth of the seven dangerous days
Come to Muang Thong Thani area, its like living in a 3rd world country around here. You haven't seen really bad drivers until you come to this cesspool.
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Scores of people die in road accidents on fifth of the seven dangerous days
Yup, I have conversation with the wife about these issues a lot. She does agree with me, but knows Thai's won't change, ever. I asked her why road rules and laws that were signed and approved by their King (one so loved by Thai's), are totally ignored? Its like they want to pretend they are Buddhist, but not actually be a Buddhist, and since when did Buddha insinuate one could buy a better life in the future? I can't take Thai Buddhism seriously, it appears to be a perverted view of what Buddha stood for, or ever taught.
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Scores of people die in road accidents on fifth of the seven dangerous days
They believe in fate, nothing to do with fear, they just feel "if it's my time, it will happen". Personal safety means nothing to most Thai's, and probably never will. The worst part, is that they have no care at all for other peoples safety, especially if it impedes their travel.
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Thai baht predicted to appreciate amid expected US interest rate cuts
It's actually up right now, at 34.52
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Justice Minister Defends Thaksin Over Prolonged Stay Outside Prison
- Restrictions on fishing vessels eased
This is what happens when you have a heroin dealer running the show.- Thailand’s struggle with informal debt likened to modern-day slavery
Informal debt is voluntary, slavery is not.- Experts flag doubts over road-safety masterplan as Thailand braces for ‘Seven Dangerous Days’
We have a 4 way stop near our townhouse here in Muang Thong Thani, and multiple 2 way Stop signs, nobody stops for the Stop Signs, NOBODY! They could write a thousand tickets an hour here, but they don't, that's with a huge police facility here right across from Impact Arena. No patrols, and whenever I do see the police, you guessed it, they blow right through the stop signs and crosswalks too. The Thai brain is wired for law-breaking, they just don't care about safety, even their own. I have lost count at how many times drivers have tried to run my daughter and I over in crosswalks near her school. I hate this country and it's people with a passion, mainly because of the "Culture" that everyone else can't wait to come see and enjoy.- Missing British artist Millie Young is 'believed to be trapped inside' sunken tour vessel that is now 180ft beneath the waves after capsizing off Thailand
Safety, especially while in transport aboard any conveyance in Thailand, is nonexistent. You are on your own safety-wise, you need to keep that in mind the whole time you are here.- Anutin Opens Road Safety Center for New Year Accident Prevention
Well, they couldn't have picked a more incompetent person to spearhead the impossible mission.- Do you do immigration business yourself? If so why?
I like being in full control of my life, I want to know all the parts of the process, and I want to have all the proper paperwork/licenses/etc in my possession. I also want to follow all the rules, and the only way to make sure everything was done properly, is to do it myself.- Korat Immigration Today - New Rule Extend Stay based on Marriage
Have been using the same Kor Ror 22 for the last 7 years, but maybe I'll have the wife update it before my February visit for yearly extension just to be safe. Seems like a few people here are seeing changes, so better to be safe than sorry.- US Social Security survivor benefits?
I know my Thai wife needs to be in the US for 5 years before obtaining the ability to get my benefits if I die, but does our child who has US Consular Birth Abroad and a SSN have to be in the US for 5 years? Or is that just for children who don't have the US Consular Birth Abroad Certificate and SSN? Also, if my wife is in the US for the full 5 years and is eligible for survivor benefits, and say we return to Thailand, is she also eligible for Social Security Spousal Benefits based on my SS? I am thinking we would have to stay in the US for her to receive spousal benefits on my SS, but not sure.- Pita most preferred politician to become Thai PM in NIDA poll
Or finally stand up to them, though the Thai sheep seem placated, so that's never going to happen.- Pita most preferred politician to become Thai PM in NIDA poll
First, the people need to stop being sheep and stand up to the powers that be, only then will things change. Looks like the only people in Southeast Asia who got the guts to stand up for their rights are the Myanmar people, hopefully they are successful in eradicating the Junta's grip on their country.- Seven boats sink in Gulf and Andaman Sea in four days, eight people still missing
When I think of safety, Thailand is the last place I think of, it is my main issue with the whole country. I could put up with corruption, xenophobia, HI-SO attitudes, double pricing, immigrations, etc.....but the lack of safety while walking on sidewalks, using crosswalks, travelling in cars/motorcycles/buses/boats/etc., breathing the dirty air, eating the poisoned produce (illegal pesticides), poor unregulated construction, poor unregulated electrical systems, etc are issues I am unwilling to accept. Tourist should be warned before coming here how dangerous it is, God forbid they end up in a hospital, or their insurance doesn't payout.- Climate crisis: Thailand promises to cut carbon emissions by 40%
Thai's throw trash wherever it lands, look at the side of roads, empty lots, etc......they care as much for the environment as they do for safety, which is not at all.- Young Thai Man Returns To Work In Israel To Clear Debt
He is safer and better paid in Israel than he is working or walking across the street in Thailand.- Thaksin is sick and not granted special privileges : Justice minister
- Restrictions on fishing vessels eased