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TroubleandGrumpy

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Everything posted by TroubleandGrumpy

  1. Mate that may be true - but you and many others are missing the point. Unlike normal 'offences' where a person is caught in the single act or afterwards, when the Tax Dept investigates a person for whatever reason, they can and will go back through their financial records to 2024/2025. That means if they are only here for a few years, then your attitude is probably 'safe'. But if they are going to be here for decades, then they cannot just brush it off as 'unlikely' to be caught - because the backdated taxes, penalties and fines and interest payments could be horrendous - and could even include criminal charges and deportation (they would only be allowed to leave after paying everything). Lets say a Pensioner under global taxation has to pay only 50K PA taxes but does not - after 5 years they would owe about 250K, plus 50K interest, plus 10K fines, plus 25K penalties (estimated - maybe more) and that totals 335K - and they have 2 weeks to pay. Mate - it could be serious and just ignoring it like not wearing a helmet is IMO not wise for those living here long term. I do not want anyone to worry - because we will all know the situation by 2025 (hopefully). Expats would be wise to keep across the issue now and then, and not ignore it because it might go away, or they wont ever get caught. I hope it does go away, but I think it might not - and I am very confident they will screw it all up.
  2. Absolutely agree. The proof of that is in the pudding, but also in their words. They have stirred up the foolish Muslim and activist supporters using whatever is the latest 'cause' - in this case stopping alleged BS genocide in Gaza and stopping world destruction due to climate change - both BS overblown fake disasters - used to stir up the foolish and stupid and as an excuse for their actions. The reality is their deep down desire is the abolition of all other religions and social beliefs, and the eventual replacement with their own - Islam. I would deport them all immediately - grab and hold and put on a plane/ship - all of them. Anyone thinking otherwise fails to realise the obvious facts - like that Muhammad never visited Indonesia or Malaysia, but now they are Muslim countries. Q-How does 100s of millions of Asians become Muslim. A-Through many years of uncontrolled Muslim immigration and their inevitable over-taking of their society. Muslims dont assimilate - they slowly dissociate and undermine and destroy, meanwhile slowly substituting their own beliefs, until they are the majority - and then it is all over. If anyone can give an example of where Muslims did not do that in any country over history since 800 AD, that is because they were driven out - like they were from Southern Europe in 1000-1100 (it was called the Crusades). Those who fail to learn from history are doomed to repeat the errors of the past.
  3. MEDIA QUOTE FIXED :- Pro-Palestine Jewish-hating protesters and Muslim activists have launched coordinated attacks on Barclays branches across the UK, vandalizing the bank's properties in cities including London, Bristol, and Manchester. Pro-Palestine Jewish-hating protesters and Muslim Activists smashed windows and threw red paint over the bank branches, aiming to draw attention to Barclays' alleged links to Israel's weapons trade and fossil fuels through the committing of violent crimes. Yet again Muslim activists and their supporters have taken their religious Jewish hatred based upon their own religious beliefs and see them as above the laws of UK. It is about time they were all apprehended and deported back to their favorite Muslim country.
  4. The winner !! Airlines refused to collect it because they were asked to exclude arriving Thais from the levy/tax. The Junta could have proposed a 300 Baht levy/tax on all arrivals and it would have been included in the airfare, just like the AOT applies a levy/tax on all departures from their airports. But the Junta wanted Thais not to pay - or more to the point, they wanted only Foreigners to pay. The only way to collect it from Foreigners, was to take a 300 Baht payment at the airports after they had arrived and passed through Immigration - even they realised the problems with that and the resultant social media criticism. Thailand takes 1.5 years to realise the obvious. The hub of u-turns and incompetent decision making?
  5. I think that there is a misunderstanding of what the TRD GM is proposing - I think. I know I suffered the same confusion between Nationality taxation and Residence taxation - they can both be worldwide taxation systems, but they are very different taxation systems. Under the TRD proposed 'worldwide/global system' system, it would still be a Residence based system, and the income of a Thai 'tax resident' earned worldwide would have to be declared on their annual Thai tax return. The current That tax system only taxes 'overseas income' of a tax resident when it is remitted into Thailand. The recent rule change closed the loophole that meant income earned overseas and remitted into Thailand was taxable only in the year it was earned. Yes it would require a change to the Tax Laws if Thailand went the full USA Nationality path, and taxed all its Citizens and Residents on their worldwide income, whether they are a tax resident of another country or not. But I do not think that was what the TRD statement was about and IMO they will remain a Residence based tax system. There are only 5 countries currently doing that Nationality based system - USA being the main one/leader. With regards to the need to amend the Tax Act/Laws to enable global taxation under the current residence based system, I am not so sure that this would be complicated, because it would mean removing the rule that states the worldwide income is not taxed unless it is remitted into Thailand. Most residence system based countries tax all worldwide incomes for their tax residents - Thailand is one of only a few that only taxes worldwide income when it is remitted into Thailand. If Thailand introduces a worldwide tax system and removes the 'remitted only' rule, then all Thailand tax residents will have to declare all income overseas. Then under applicable DTAs they can claim tax offsets for any taxes already paid. OR Thailand could decide that they have to pay full taxes in Thailand, and using the DTA they can claim back all taxes paid overseas and get the overseas country to not apply taxes. Thailand may try and do that, but that would be in breach of the DTAs based on my reading of them, whereby under the DTA it is the person who decides in which country they will pay taxes on overseas income earned - however, I think that might only applies if they are still a tax resident of that other country. Complications that I am sure TRD will clarify - NOT. If under the current 'remitted only' system, or the possible global taxation system, the TRD allows the DTAs to be utilised to reduce the taxation that Thailand can apply to remitted/global income, how does a PIT do that? The current online and hard copy tax return for PIT does not have any section that allows for the input of taxes already paid overseas or any other claims based on a DTA. Obviously that also means that there is currently no details for what records are required to base make a DTA claim upon - perhaps they will utilise the current business taxation processes whereby those things are standard. But the Thai tax year is Jan to Dec and many Expat home countries (Aust, Canada, USA, Japan etc.) do not have Jan-Dec tax years - some some countries do (China, Germany, France etc.). So how does someone from a country with a tax year different to Jan-Dec detail/prove their claim of taxes already paid? More complications that I am sure TRD will clarify - NOT.
  6. I remember you being a rabid lefty Trump hater and all things woke back in 2016. They say all things change - so you changed?
  7. Excellent point - what does Thailand deem to be a 'Resident' as opposed to a 'Tax Resident'. All the other countries in the world (that I am aware of) only tax the worldwide income of 'real' Residents - not 'temporary residents' on a 'temporary Visa' which is what all non-working Expats in Thailand are in any legal sense. This is from the Australian Tax Office - If you're an Australian resident for tax purposes and you: have a temporary resident visa you don’t pay tax on most of your foreign income in Australia we tax your income from some actual work you do overseas while you are a temporary Australian resident A temporary resident Visa allows someone to live and work in Australia for a defined period (example 12 months). To stay any longer than that means applying for a 'renewal' of your temporary resident visa (sounds familiar). But without the 90 day reporting and other impositions that Thailand applies for 'temporary residents'.
  8. Yes you are right - my bad. I am confusing Tax by Nationality and Tax by Residency. Yes Australia does tax worldwide income for tax residents, but not for non-residents. This list on Wikipedia provides the latest updated worldwide taxations systems country by country and that helped me see the mistake I had made. Now it is USA, Eritrea, Hungary and Tajikistan are the only ones that tax worldwide - whether the person is a tax residents of another country or not (the point I missed). International taxation - Wikipedia
  9. The ignorant useless insults of idiotic left wing ideologists. (have we had enough yet?)
  10. Well said mate - this Govt did not cause the current economic crisis in Thailand - the 10 years of Junta did. Rather than swanning around all over the world doing PR stunts like TAT do - with the same net effect = zero - the Govt needed to address the endemic systemic structural problems facing Thailand. You know - like the Head of BOT stated - 'the problems are structural'. A 10K Baht handout and lowering interest rates aint gonna fix the inherent problems - they will give a short term boost - but 6-12 months later inflation will be rampant. 'My Fix' for what it is worth = As soon as the new Senate is appointed and the Junta appointed lackeys are removed, MFP and Phue Thai form a coalition Government (with Srettha as PM), throw out the Junta aligned Parties currently in coalition, and start making and passing Laws to fix the inherent structural problems (including Laws currently not allowed to be changed, and Laws making any future Military coup illegal and unpardonable and punishable by death). Do it and get things moving - and dare the Junta to implement another Coup. Just get on with it and do it. If the new Govt 'wins' and gets things changed, then international economic investments into Thailand will flow back into Thailand and thi98ngs will improve dramatically. Thailand is extremely well positioned to be the economic powerhouse of SEAsia - which is what they were before the Coup. Thailand is 'onside' with both the China/Russia allies and also the USA/EU allies - they are in a great position to benefit economically from being 'neutral' and to be an economic growth method for both 'sides'.
  11. Yes indeed - but I do understand that after 4-5-6 decades of living in the west there is a certain ingrained attitude and mindset. Some of us (IMO the majority) look past those issues and see the benefits of the Thai way of doing things - even thought they often seem irrational. But some of us think that it is possible to have the same 'benefits' of an efficient and well organised and fair system of laws and society that they liked in th west, while still keeping all the things of the Thai culture they like. The reality is that if Thailand moves towards the western ways then it will become like the west is - and it aint all good - but worse than that, they will lose the good things that makes Thailand what it is. I remember Prayut saying once when questioned why his Govt was not doing something that is commo9n in the west, that he does not want Thailand to change from being Thai. I did not agree with a lot of the Junta policies and directions, but I agreed on that point - dont change and thereby break something that is good.
  12. Mate - I know a lot about this - worked in IT with the ATO for 2 decades (on and off). Read the first statement of your link - "Your clients must declare all income they receive from foreign sources during the financial year in their tax returns. They receive - means they receive in Australia. UK Pensions are taxed in Australia - if that money that is brought into Australia, plus any other income, putsyou over the tax free threshold.
  13. Thanks for saying it - and for being rational and logical. The reason western discourse is divorced from reality (which many do not think/realise it is) is because what started as 'gay rights' and 'equality' has morphed over decades into unwarranted rights for fringe minority groups (like Trans).
  14. Go back to USA and see it yourself. IF Thailand is not careful, that is what will happen here in 10-15 years. Personally I like Thailand the way it is for many reasons - but the biggest is that the Thai society is like it was in the west, before all the 'social agenda' programs driven by activists and nutters started to be implemented and mandated by Government organisations. Try thinking ahead - not a common trait of people like yourself (all me and now ) but if you do that think ahead then ask this question. Other than the provision of 'gay rights' in the form of equal rights in marriage and in partnership under law (which I support), what other changes are really needed in Thailand that would not have a detrimental affect on Thai society.
  15. I would say that MFP will be even worse towards increasing taxation, and also with little regard to Expats. They are (if they ever get into Govt) going to introduce social welfare and increase social support - it all sounds great to their supporters, but is with all forms of socialism - they are great until they run out of other people's money.
  16. No it does not - it only taxes 'income' brought into Australia - like Thailand is currently implementing. Only 2 countries tax worldwide income - USA and Aritrea. Taxing worldwide income means that if you make money/income in another country, then you pay income tax on that money, whether you bring it into the country you are a tax resident in, or not. Example 1 - Tax resident Thailand and earns interest on investments in Singapore - if Thailand implements worldwide taxation, they are liable to pay income taxes on that amount of interest to Thailand. Example 2 - Tax resident Thailand and receives Pension payments to bank account in UK - if Thailand implements worldwide taxation, they are liable to pay income taxes on that amount of Pension to Thailand. That is when DTAs come into affect - offsetting income taxes already paid overseas against the income taxes liable in Thailand.
  17. There are so many things wrong in the OP but there are also some things that are right. Which ones will be right and wrong in the future is the issue/concern. I will not debate the rights and wrongs of each point right now, but I will add the big issue that many people overlook. When you get nabbed for speeding, not wearing helmet, over staying, etc etc etc. The penalties are 'singular' and are not that heavy - yes they could include deportation - but they are singular in their legal nature. Imagine if the Thai police pulled you over for not wearing a helmet in 2030, and because of that they have the ability to find out every single time you did not wear a helmet going back to 2024. Plus they can then arbitrarily decide how much fines you should have paid, plus apply penalties for not paying those fines, plus add 1.5% per month interest penalty on those amounts - all going back to 2024. That is being audited by the tax office - they go backwards and examine everything, and in Thailand they have a lot of arbitrary power and are not constrained by reasonable/fair rules and regulations. In the case of Thailand, it would be back to 2024. It is not about getting away withy it one year - there is no getting away with it for one year - if they investigate your financial affairs in 2030 they can and will go back to 2024. Thinking that it will be OK because they will take years to get this all sorted is only OK if you will not be here in years. Yes - it will take them years, but then if you are caught/targeted, they can and will audit you going back to 2024. Thailand can now get all the financial records from your home country, and also in Thailand, going back to 2024 when they complied with OECD regulations. If you are only staying a few years, then go right ahead and ignore it, if you feel so inclined - but if you are planning to be here a long time, then you would be wise to not dismiss it out of hand like this OP has suggested. It will take a while before we know how the TRD is going to play this for retired/married Expats, but until then it is best to stay across things and not dismiss it out of hand.
  18. Old School maybe - but I am right - and what Lia Thomas did was wrong. And it is wrong that under the guise of 'gay rights' Lia and all his/her mates that play against girls and demand the right to change in their bathrooms, while still having their full male genitalia on display. There is a line to be drawn - and I agree with Caitlyn Jenner, because she is rational person and is not full of lefty lunacy and illogical thinking. Now you maybe think she is old fashioned and also locked into a mindset too - or you could stop and think and listen to what she has to say. Caitlyn Jenner says transgender girls in women's sports is 'unfair' (nbcnews.com)
  19. You and all your irrational lefty mates is why Lia Thomas did what he/she did. Any argument that tries to say that what Lia and all his/her mates are doig is OK, is wrong - utterly wrong.
  20. The Tory's/Independents just won the election.
  21. You say you are gay but fail to see that I do not give a rat's rear whether you are or not - OK?? As I said I played golf with a gay mate for 20 years - I am no homophobic at all - I met his Partner many times and went often out with them and had a meal and a beer and to the footy and cricket - we played cricket together for over 10 years. This is not about me having a problem with gays - yet you clearly are trying to take that view. What I am saying is that 'gay rights' in Thailand must be done IMO, so that it allows gays to get married and have equal legal rights under the law etc. - but that is it - it must stop there. Otherwise, as has happened in the west, those 'gay rights' had many unanticipated downstream issues. If a boy decides that he is a girl, but is still an 'intact' boy, then IMO 'gay rights' does not means that he can use the girl's toilets and changerooms if he wants to, and if the girls do not want him to. Sure - any boy giving him/her abuse in the boy's rooms should and must be brought into line strongly. But your unlimited views fails to see that 'gay rights' leads to that exact situation which becomes 'trans rights' which leads to all those downstream issues. Gay Rights must be 'controlled' so that it does not take away the rights of girls to things like their privacy for a start, let alone being forced to compete in sports against males. Surely you understand that and agree with that? Or are you saying that a gay's rights over-ride the rights of girls??
  22. There it is again - exactly the lefty thinking - you dont care about Lia Thomas and what she/he did to others - downsides of so many things that came about under the banner of 'gay rights'. Let me tell you - She/he won National swimming championship events against 'biological females' thereby destroying their years of work and efforts. She/he was allowed to get changed (full male genitalia on display) in the girl's change rooms, despite their protests. The girl's that protested were told they must accept 'her' in there, because she was accepted as a female competitor, or they would be suspended. What they had to do was change in the toilets with the door closed, and other things to avoid her/him.
  23. Another argument based on lefty thinking. Your logic is - agree with all gay rights snd all the downstream issues, or you disagree with gay rights. Read my posts again - it is the downstream issues I do not want Thailand to allow in the name of 'gay rights'. Example being Lia Thomas.
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