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freeworld

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Everything posted by freeworld

  1. Look what I found on BB website ''Foreign Customers Banking in Thailand made easy''
  2. Once again shows that any account and the contents/assets thereof one has with a financial institution, does not belong to the name on the account.
  3. A source of balanced well reasoned news and opinion.
  4. Wonder why this link leads to a dead end? https://www.state.gov/reports/2022-trafficking-in-persons-report/israel/
  5. US citizens are theoretically rich. Can just buy an elite visa and stay/enter however many times as one likes.
  6. Guess who will benefit the most from the study...those who are doing the study.
  7. I think they have a basket of goods and monitor that. Its easy to be manipulated since they can just go around somewhere else to find the cheapest price of an item and plug that into their basket. Voila magic inflation goes down.
  8. May I suggest other better suitable candidates Michelle Obama Hillary Clinton Kamala Harris
  9. No it does not make one a permanent resident until it is applied for and granted by the immigration laws of a country. Some countries have also reduced the 180 day rule and now consider about 90 days and a total number of days over a period of time then one is deemed tax resident. The tax residence is still related to the description in the tax laws/code ie. the length of time one resides within and the ties and financial obligations etc...) For this Thailand is quite unique with their 1 year visa/extension and probably consider people residing in Thailand all year long to still be residents/tax residents in their home countries and hence the banks will be reporting their bank accounts to the tax office for onward reporting. The DTA (if one exists) clearly outlines how to allocate where the individual will be considered tax resident. Check the OECD tax residency information for different countries.
  10. Hehe those are sold by the gram Not frosted flakes but I bought 500 Gram box of plain cornflakes in Tops for 119 Baht the other day.
  11. Mcvities biscuits, the diameter and thickness of the biscuit seem smaller. Big C croissants and Doughnuts -A short time ago they were much bigger and I think cost about 6 baht each. Now they are noticeably smaller and cost 12 baht
  12. Nonsense. For tax the interaction is between the tax office and the tax payer, if tax is owed pay it or dispute it, mind the penalties and interest start to build up until the tax is paid or solved. Sometimes it needs to go to court to be solved but its the first I hear the tax man will freeze a bank account due to unpaid tax. If there is any money in the account the tax man could help himself (garnish the account) and if there is still outstanding tax to be paid the interest and penalties will accumulate. "Governments have so much power that they by-pass courts to expedite processes, leaving that up to the individual at play. " LOL
  13. Like in most other countries, the onus is on the tax payer to declare it. This is in the tax code/law.
  14. No benefits except the gracious use of the Thai public infrastructure and friendly services govt staff provide for Tax Residents. If one wants benefits then apply for Thai citizenship and make contributions. One chooses to live in a country, imports money to live and buy things, over a certain number of days the tax laws/code determines tax residency, that is a choice the tax resident makes.
  15. Freezing a bank account would probably need a court order or some kind of law to do so. First one would need an interaction with the RD to determine what and if any tax would be owed, then the process would start if the taxpayer was non compliant. You state they will freeze the bank account, how then would you pay any tax due?
  16. He can claim it back on his tax submission as a govt donation.
  17. Yes. A rather good one to watch atm is Lincoln Lawyer S2 but got to laugh as the accent of the main character is a bit weird.
  18. Wrong. Immigration resident and tax resident are two different kinds of residence, same the world over.
  19. Nope. SS is a separate contribution. Taxes are to pay for govt services and infrastructure which long term residents use.
  20. Nope, you get to use govt subsidised, implemeted and maintained services and infrastructure, access to police, the courts, local authorities and best of all you get to interact regularly with the immigration dept.
  21. Netanyahu Vows No Palestinian State While He's Prime Minister https://time.com/3746427/netanyahu-no-palestinian-state/ https://edition.cnn.com/2023/02/01/middleeast/netanyahu-palestinian-sovereignty-mime-intl/index.html https://www.independent.co.uk/news/world/middle-east/israel-elections-benjamin-netanyahu-says-there-will-be-no-palestinian-state-if-voters-back-him-10111958.html
  22. Hello.
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