lordgrinz

None of us will be taxed like low-income Thai's. My Scenario with my wife making close to the 25% tax rate, means that if I sent over B1 Million here, it would be taxed at about 25%. She paid B86 Thousand in tax last year, if I added B1 Million in remittance to our tax form, it would make our tax obligation B323 Thousand. So I would be paying B237,000 in tax on B1,000,000 of remittance ......I would be paying almost 3 times the amount of tax that my wife paid, that's insane!!! All this while being treated lower than a Soi Dog by the Thai people, Oh Joy!

Actually it is terrible, the tax liability for us foreigners can be much higher here in Thailand than our own countries, some of us have no tax in our home countries because we fall under taxable limits.

Yeah, I am already waiting to hear the IO during my February extension process, ask me "So how are you funding your stay here, if you haven't sent money here in over a year?" If they do link visas and tax compliance, will they also give us crap about not sending money here, even if our bank account is above the Marriage 400,000/Retirement 800,000 requirements?

Well after you have all the documents notarized, apostilled, and translated along with the MFA signing off on it.....you can then move forward, that should only take forever, and cost a small fortune, that's if it can even be done (which it can't).

She is a fraud, like many other so-called Thai "leaders". They like to embellish themselves, always trying to feel more important then they really are, just another pig, this one with lipstick on it.

If I could go back to 2015, I would have stopped my wife from going back to Thailand, and I wouldn't be in this mess. Though if she didn't go back, paying back half a million dollars to her Thai University for her degree would have been a ball-buster.

I've been sick for 3 weeks now, due mainly to my daughters school, they seem to be spreading viruses everywhere right now in this area (Muang Thong Thani) , which is very near CW. I assume COVID, because until today I had the taste of sickness in my mouth for weeks, and food didn't taste right.

If we can get past January 1st without it being passed, then I would think that would negate 2025 as a start date for any World Wide income tax. For now that is what I am hoping for, but still have to deal with remittances issues.

Typically I would agree, but she has gone from talking about "amending", to now "drafting" a law. Yet nobody above her has silenced her in several months, which leads us to believe she has the backing of the government.

There is NO Enforcement of any driving laws, rules, or regulations in Thailand. They create laws, rules, and regulations for appearances only.

Keep in mind they are also promoting a farang only tax for those farangs who own Thai condos and homes when they buy or sell them, also farang only property taxes.

I wouldn't bet on it, but I will pray it doesn't happen.

So they want us to do 90 day reports, do TM30's, do TM6's, do yearly extensions, do reentry permits, pay farang fees at parks, get COR's for drivers licenses, not allow us to own property, and in the news recently they want to create a farang tax on buying and selling real estate? And now they want to tax us on our WorldWide income, offering nothing in return for that money?! Give us land ownership, Permanent Residency, no more TM47/TM30/COR's/TM6/Etc., make farang pricing illegal, treat us like tax paying Thai citizens and then maybe being taxed on WorldWide income might make sense.

My wifes taxes already reach almost the 25% bracket for Thailand, so anything I add to our tax form will be taxed at 25% or more, where I am now currently paying nothing to the USA. Hopefully this new change never happens, but I am not going to give them any of my money, that's just not going to happen.

They surely don't deserve annual 1,935.4% on their investments either....and this whole case doesn't make much sense, there are B52.8 million and B35.2 million fines, but there were 88 victims with only B7,012,150 in damages, which the defendants are ordered to pay back. So who is getting the B88 million in fines?!?! Let me guess, the Joe Ferrari's of the DSI?

I'm wondering how fast they plan to get it up and running, as it is now the new changes on remittances for this year have people and RD employees scratching their heads. I would think it would make more sense to see how that pans out first for a few years, or suspend that change altogether and go straight to the WorldWide income method.

Based on the damage, I am sure it's not far off from what the drivers speed was at the time of the crash.

BangkokPost just posted again about the Revenue Department drafting law changes to move to taxing WorldWide income, the Director General of the Revenue Department seems to be Hellbent on passing this nonsense.

That's a foregone conclusion.

I've owned dogs all my life, but please, go ahead and keep preaching your geocidal theories to the masses.

Bad upbringing in Dogs = Dangerous Bad upbringing in Humans = Dangerous Advocating genocide based on breed, be it human or dog, is lunacy!

"There's a sucker born every minute"

They just need to get the word out, Thailand is the Land of Scams (LOS).

So if there is a violent society where people advocate and promote terrorism and fatal attacks world wide, should we condemned to death too? We also have some very dangerous demographics in American cities where violence and fatal attacks are common among their breed, should we also condemn them to death too?

If it's as effective as the enforcement of safety on Thai roads, it should be a roaring success.