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TroubleandGrumpy

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Everything posted by TroubleandGrumpy

  1. No faeces Einstein ? I do not want to sound like a "fearmonger" but the above point is not the only potential problem. There are so many potential negatives that no one knows them all - and will not know until after it starts. And then for some it will not be until it hits them and they realise they are not in Kansas anymore. And then (dont ask me how I know this) in the future, because of all the negatives (like Expats leaving and very few new ones coming), the Thai RD/Govt will try to addess the matter - and they will make it worse. I could be wrong of course - the Thai RD could publish official advice and alleviate all Expat's concerns soon - I hope so.
  2. My Thai wife became a Citizen too - and a few other things happened with the family too (including Mother passed away). What a <deleted>. Blocked.
  3. Got this one and all the other questions and attacks that you posted. What a great way to ask someone for advice/information NOT. Sounds like you just want to argue and insult. I am not interested. Go and get and pay for professional advice if you want - up to you. Here is the links - knock yourself out - no help from me. Social Security Act 1991 (legislation.gov.au) Using the Social Security Guide | Social Security Guide (dss.gov.au) Federal Register of Legislation - Australian Government Australians living overseas | Australian Taxation Office (ato.gov.au) I will provide this additional 'help' and only this help. Taxable Centrelink payments - Age Pension - Services Australia What that means is that if you get the Pension AND other income that is taxable, the amount of taxes you pay are calculated on the other income with the pension included in the total - so that you will be over the tax free threshold. Understand? If you dont I dont care. The information and advice I provide is worth how much you paid for it - I will refrain from ever doing that again.
  4. Yeh - the Thai RD have basically 'shut up the shop' and are not talking to anyone. Most frustrating.
  5. Very true - future investment in Thailand via BOI is not being helped. The reason for the post was to point out to another poster about another tax change being made in Thailand (this one for business) and the statement recoimmending that "Even though the legislation is not yet enacted, in-scope MNEs should begin assessing its potential impacts from the implementation of global minimum tax rules and be ready for the anticipated law changes" My point being was that if they wish to totally ignore this potential income tax, that is up to them - but I will be doing what businesses are doing about the new minimum tax rule. " assessing its potential impacts ........................ and be ready for the anticipated law changes"
  6. You carry on as usual - that is up to you. I will plan ahead just in case - and IDTAs dont work that easily.
  7. Could be mate - here's hoping - but IMO it would be wise to plan as well (just in case). I am reminded of this quote from Ernst & Young about the Pillar 2 minimum tax change announced by the Thai Govt in March 2023, with plan being to draft the Legislation in 2023 and implement the change in 2025. Even though the legislation is not yet enacted, in-scope MNEs should begin assessing its potential impacts from the implementation of global minimum tax rules and be ready for the anticipated law changes. Thailand plans to implement global minimum tax rules under OECD BEPS 2.0 Pillar Two | EY - Global If as you say this income tax change of methodology does require Cabinet approval, I hope like us all that they do not approve it. If they do, I hope that they will wait a few years before applying tha change (like the above new tax change) - and I hope they direct Thai RD to provide detailed clarifications.
  8. Liar liar pants on fire - that was an old school saying many years ago - no idea why I thought of that. Just thought of another - but it is on the tip of my tongue - something about a kid called Georgie Porgie. Not sure why, but arguing/debating with you reminds of my school days. Thanks for the memories.
  9. Thanks. Looks like you are covered - not the same in the Thai Australia DTA. australia : article 16-20 | The Revenue Department (English Site) (rd.go.th)
  10. That was the new server being troublesome. I asked in my post - "Anyone know how to ask them?" (my list of questions) Somehow it has quoted that as your statement. When you actually said - Why don't you go ask them? I have tried website - no luck with phone either - they have a 'review committee' apparently - but dont seem to be 'listening'. Remember they published a list of Qs and As - they must have asked themselves those Qs.
  11. What Does It Say ?? You quoted verbatim a small part - as proof of your claim - what does it say?
  12. Exactly. So many posters think this is not serious. And it may not be - but it sure looks like it is going to be serious. Does an Expat have to PROVE they do not have to pay income taxes under a DTA - and if they do then HOW. If we bring in 1 Million Baht how do we PROVE that is not income - what will Thai RD accept as evidence - WTF happens if they do not accept. Do people think the Thai RD is geared up for all this - the Thai Immi is bad enough to deal with but dealing with Expats it is what they do. And then of course the big question (if we do have to pay) - Why the pharrk do I have to pay income taxes in a country that treats me like a parolee with all the repoting and applications and home visits etc., and charges me extra for everything (and legally can), and gives me no government services or support, and does not give me any legal rights (unless I am in business or employed) and etc etc etc. Voting? 10K Handout??
  13. No - that is the DTA - I am asking him to provide the original announcement about the rule change. QUOTE - I will refer you to the paragraph in the original announcement ( that you fastudiously ignore, or are incapable of understanding ) that people from Countries that have a DTA with Thailand will be exempt.
  14. No - that is the DTA - I am asking him to provide the original announcement about the rule change. QUOTE - I will refer you to the paragraph in the original announcement ( that you fastudiously ignore, or are incapable of understanding ) that people from Countries that have a DTA with Thailand will be exempt.
  15. These are some quesations that I would like answered by Thai RD. This is based upon an Expat that stays 180+ days, and does not earn any money in Thailand, and remits money into Thailand from overseas. Anyone know how to ask them? Does a long term Expat have to lodge an annual tax return from 2024 tax year onwards, in order to 'prove' that the money they have remitted into Thailand in that year, is not taxable or is exempt under an existing DTA ? Can an Expat 'decide' that they do not have to lodge a return from 2024 tax year onwards, because they believe that the money they have remitted into Thailand in that year is not taxable or is exempt under an existing DTA ? Can an Expat 'decide' that they do not have to lodge a return from 2024 tax year onwards, because they have calculated that some/all of the money they have remitted into Thailand in that year is 'taxable income', but it is below the Thai tax free threshold (with or without Allowances and Deductions) and therefore payment of income taxes is not required ? Will/Does the Thai RD provide an English speaking (plus maybe Japanese, Korean, Chinese etc) call centre or service, whereby Expats as detailed above, can call and seek advice regarding their obligations to lodge income tax returns. My position is and has been clear from the start - this is a very serious matter and discussing it and expressing opinions is not 'fear mongering'. If some people only erver want to hear good news and are wearing rose coloured glasses, then they should just stay away. This new income tax rule means that unless Thai RD answers those questions above positively in our favour, then all Expats are going to be 'expected' to complete annual tax returns and pay income taxes if the Thai RD deems that applicable. BUT - that has not been confirmed or denied by Thai RD - they are not answering our questions.
  16. Go ahead - show me that quote in a link or attach a document. This is going to be fun.
  17. Subject to Paragraph 2 of Article 21 ............. Have you read that ? What does it say??
  18. EV cars are not 'reliable' and there is no way I will get one anytime soon. On my last trip back home, I was in a taxi in Aust that was a brand new Hybrid. The driver told me how he had just got rid of an EV. When I asked why, he said that the EV was only a few months old when it just stopped about half a Km from his house. The lights doors a/c all worked, but the engine was 'dead'. He called a mechanic - but he could not get it to move/start. The EV was towed to his house and a dealer mechanic came a few days later - he could not get it to start - he was very confused. He organised for the EV to be taken on a tow truck to the dealer's workshop. After much testing, they found that the left rear door sensor had failed, and because the car 'thought' the door was open, it refused to run/start the engine. There was no indicator in the car advising that - nor anything in the basic faults plug-in diagnostics - only found through the specialist system back in the workshop - and there was no way around the problem (it was a core design feature). He refused to take it back, and they eventually reached agreement to trade it in on a new Hybrid. I agree with his logic - being totally reliant on the battery and its management system designed by non-mechanics is not 'wise' - especially for a taxi. It might be OK when talking about a high end brand like Tesla, but not a cheaper Chinese brand. I was telling that story to another guy and he told me how his wife's EV car kept unlocking itself for several weeks - while she was shopping etc. - she refused to get rid of it because she was 'saving the planet'. Same thing - faulty sensor. Being married a long time he knew to just 'shut up' - but he made sure she was reminded about it whenever the issue of him changing his petrol car came up. Another bloke told me how his wife had 'convinced' him to also save the planet and they both had an EV - same brand. They both had a similar feature whereby you could use a smartphone to activate some functions on the car - like opening the doors and starting the engine. The wife was trying to demonstrate this feature of her planet saving car to her friends after a coffee/chat in the city, but it did not work (very embarassed). The bloke went to the garage at home later that day and all the doors on his car were damaged and the rear gate was jammed up against the garage door - several $thousands of damage - not covered under insurance. She had somehow selected his car not hers and was opening and closing all his doors and the rear tail gate - and as he found out that 'feature' was available over the net - and could not be removed. No thanks - no EV for me.
  19. I was told it is because of the prohibited hours law (2pm to 5pm) and they cannot stop orders being placed, or delivereies being made, in those times. Yeh - makes no sense - but that is why I thought it is probably right.
  20. NO. Got a wife and a life - and far too old for that crap (anymore).
  21. Throw it away if you must - but you deserve all the recognition that goes with receiving it.
  22. You clearly deserve recognition - you used the word fatuous while saying something completely fatuous.
  23. Mate - you need to take a Bex and calm down and go and have a lie down. Did you read what I wrote about how DTAs work? Do you understand basic English? There are no 'exemptions' because you have paid taxes under DTAs - you can claim 'tax credits' under a DTA for taxes already paid. And in Australia the tax free threshold is $18K or 400K - in Thailand the threshold is 180K (please dont go on about 'allowances' - they have them in Australia too). The CRS requires financial institutions to identify the tax residency of all customers and report information on customers who are tax resident outside of the country where they hold their accounts. Similar to FATCA, the purpose of CRS is to aid automatic exchange of information between bilateral treaty partner countries about account holders/investors maintaining accounts in foreign jurisdictions so as to avoid tax evasions on the funds parked in such countries.
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