Ben Zioner

Hundreds of thousand of whores, free access to steroids, Cannabis, streets line with bars, what could go wrong.

Or political views of the early 21st century.

warthog.

There is also this interesting bit, which didn't surprise me though: "Thailand signed up to the automatic exchange of information – Common Reporting Standards (CRS) – in 2020. They receive data from over 130 countries that are signed up to CRS. Thailand’s Revenue Department have links with other revenue department software, and they share information automatically every quarter for bank accounts, pensions, credit cards, as well as the account balances and transactions within that quarter for Thai tax residents. Therefore, the information is already being remitted and sent to the Thai Revenue Department."

Probably shouldn't quote meeself, but in the Q&As there is also the answer about the use of plastic cards in and outside of Thailand.

Your answer is quite useful, I insert below a Q&A that seems says a lot about gift topic.

This is where a trip to Malaysia can save hundreds of thousand.

But I wouldn't be at all surprised if the gift was then included into the daughters income hence subject to income tax.

Savings made prior to Jan 1, 2024.

Sorry I was babbling, but my point/question was wether the 250K paid directly by Cigna to Bumrungrad, for my medical treatment should be included in my assessable income.

Had a Cholecystectomy a few weeks ago, my insurance covered through direct payment of 250K, was wondering if I'd have to include those 250k in my tax return if I had to make one. Fortunately not.. But if I lost my LTR privileges the only option would be to seek treatment in Malaysia, possibly Singapore. So another small loss for a Thai industry. And all these small losses added up could become significant.

Hmmmhhh, it would cost me a lot more the 190000 in extra trips to Bangkok, if my wife was over 65.

Yes, they are probably worth getting if you have a friendly amphur. Yellow book I've always had, one day my wife came back, tap tapped my rear, kissed me in the neck and handed it over to me: "Teelag here is your lellow book". I had now idea what it was. Pink card I got recently, the guy issuing them is a [real] friend and it was nice a have a coffee while talking about the kids.

Yes, but if I were RD I wouldn't tax the donee, but I'd consider that to make such donation someone has remitted these funds to Thailand and hence is taxable, if these funds were earned after Dec 31, 2023. I don't believe one second RD would leave such a gaping hole open.

Aren't all gifts taxable above 20M Baht (about 550000 USD)?

I agree totally. But let's imagine a 2 bis case. Cyril transfers 1000 Pounds to one of his wife's overseas accounts, which she then remits to her own account. 2 ter would be the same but she declares it as income.

Indeed, had to get a tooth pulled there and asked what the cost of replacing it would be, 150000 plus minus was the answer. I have an appointment at Smile Signature EmQuartier now, but I'll only proceed if it as a plain vanilla, no bone graft case. I am 71 with 30 teeth right now.

The are extremely useful to store data.

You must. Yellow book and pink ID are irrelevant here.

My understanding is that the year of earning is only relevant to pre 2024 income and savings. After that is remittance tax: you are taxed on what you bring in whatever it is.

A couple of thoughts on that. Do not try to pay zero income tax, the cost of achieving that might be higher than the tax you would have paid with a less binary attitude. Some level of contribution to the country we live in can also be gratifying, even though LOS is the most ungrateful place I have lived in. You don't have to be non resident every year, depending on your income/savings configuration you could be non resident every other year, third year or fourth year. Mobilise/Remit your savings in the non resident year, to keep tax below the 20% threshold during resident years.

Just hope there will be many more like you.

IMHO they gonna soon drastically limit those pointless yearly extension. They want quality long stayers.

Book Emirates from KL to London. Pay in MYR, use your VPN if that makes you feel better. Fly Airasia to KL, board your flight.

Where do you get them?