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Everything posted by lordgrinz
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Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
Not sure if I did, but I do have ExpressVPN, so maybe. Pretty sure I did it here though. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
I keep my mailing address in the USA, so that's helped. The last mail I had sent here was the most dangerous one yet, had two ATM cards in it, two checks from escrow/insurance refunds on sale of my house, and my new US drivers license. Glad those documents all made it here.....LOL -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
I'm waiting on the guinea pigs first. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
No, they sent the debit card to my house in the USA, and I had a family member send it to me here in Thailand. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
I'm guessing anything sent into a bank account will not go unnoticed, jury is out on debit/credit cards though, that I would agree might be much harder for them to chase down, especially since not all countries are part of CRS reporting. We'll see soon enough. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
Do you actually believe that people will send in millions and millions of baht in remittance and nobody will question it? -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
Yes, because B6 million will go unnoticed by RD? I'm waiting to see how people fair when they try that theory. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
You're definitely one of my favorite guinea pigs now, keep us up to date on how your taxes go next year. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
I said in my situation, which when added (B1 Million) to my wife's salary, based on last years taxes, would mean an extra B245,000. She paid only B86,000 last year in taxes for comparison. -
Foreigners and their overseas income: what next?
lordgrinz replied to webfact's topic in Thailand News
Unless you missed it, Thai authorities are cracking down on at least one type of person "farangs", and being that they have a lot more money than a typical farmer.....you can expect them to be very vigilant going after it. Even in my simple tax situation of sending say B1 Million here, then adding that to mine and my wife's tax return would mean paying B245,000 in extra tax. I am sure the RD is drooling over how much more they can strip from taxpayers, especially "farangs". -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
To each their own, but with so many different perspectives on this issue, and the many more that will happen with tax preparers, tax lawyers, different RD offices, etc.....just leaves this all a mess for Expats, just look at the way Immigration Offices handle things differently. Thailand should probably start by compliance within in its own government agencies, before implementing new laws/rules/etc. I wish I had a crystal ball, I would like to see all the tax nightmares people go through the next few years......because I can guarantee there will be many. Waiting for the first expat to post that RD didn't accept a foreign bank/financial statement they thought proved pre-2024 "savings" without notarization, an Embassy stamp, and MFA stamps that will never happen. -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
He is an Italian Lawyer, but the chairmen and managing director of MPG. I found this article explaining who he is and little more about the company. https://expatlifeinthailand.com/mpg-20th-anniversary/ -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
I know, but still caught my attention as soon as he said it.....I would like if he expanded on the reasoning, I want to make full use of my Wise card if this can be done, and one of my Credit Cards also. -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
Interesting video.....especially the US couple example where he speaks about ATM and Credit Card purchases. https://www.youtube.com/watch?v=ljy7qdhy4VU&t=94s -
Thai beautician tops senator votes with 79 votes
lordgrinz replied to webfact's topic in Thailand News
Correction, she has two PhD's.....pretty impressive. -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
Neither would I, but I have a wife and daughter, until my wife comes around and gives up on this 'cesspool"......then I am stuck. -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
I'd just bring my family back home to rural USA where I loved my life, where its safe, clean, and beautiful. I've seen nothing in Thailand that would make me want to live here more than anywhere else, my list of negatives for Thailand is a mile long. -
Senate Election Fraud Claims Spark Investigation Demand
lordgrinz replied to webfact's topic in Thailand News
I would be more surprised if their wasn't any fraud, this is the land of scams, frauds, corruption, greed, selfishness. All the vices are represented here... -
Court Reduces Jail Terms for Suthep and PDRC Associates
lordgrinz replied to webfact's topic in Thailand News
It's not just the old guard, its Thai culture itself that needs to change, otherwise the cycle will continue. -
Court Reduces Jail Terms for Suthep and PDRC Associates
lordgrinz replied to webfact's topic in Thailand News
He and his ilk should have been executed. -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
If I were "wealthier", the last place I would ever want to live is in this cesspool......I think the Thai government is delusional! -
Thailand to tax residents’ foreign income irrespective of remittance
lordgrinz replied to snoop1130's topic in Thailand News
It's not only countries, I ran into the same issue with the state of Massachusetts (USA) when working remotely as a digital nomad with a home address in Massachusetts. -
Feuding Top Thai Cops Reinstated After Suspension Controversy
lordgrinz replied to webfact's topic in Thailand News
Obviously he isn't privy to the deepest darkest secrets, because a 12 to 0 vote is about as ironclad as it gets.