Jingthing

I want to add that I think there are some things we can do now to be defensive about this. For example, I am transferring large amounts of money before the end of this year that will mean no transfers needed in 2024. Also I think it would be crazy to buy a condo here starting next year until much more is known. Cheers.

Could be a thyroid disorder.

I do agree there is no need to panic or to begin the process of leaving Thailand because of tax, but there is no way that you or even "experts" know how this is going to shake out yet. We'll need to wait. As far as how Thailand Revenue is going to deal with US or UK taxation specifics, keep in mind if they start going after expat foreign sourced "income" they'll need to be dealing with taxation peculiarities of every nation in the world that has tax resident expats here. How will they cope? My guess is that they won't even try to have the bandwidth for that. Which might mean they'll leave us alone OR it might mean they'll interpret income without any regard to home country details and force us to try to prove differently. Or something in between. I definitely wouldn't go for a Thai tax ID number yet unless or until they demand that we do.

That's one example that is simple. A thornier example. Withdrawals from US traditional IRA accounts are fully taxed as income in the US. I determined they are not seen that way in Colombia. I have no idea how Thailand would view that. As I said US social security is not fully taxed. It's based on a formula which can reduce the tax to zero. Will Thailand respect that formula? Again this is not simple.

It can actually be complicated to define what is income.

Only over a certain level in a formula mixed with any other income if any. In my case not at all.

That's his theory which is blindly believed by a lot of pro Putin westerners but you can find 100 other scholars who think he's full of crap. But I agree everyone should be exposed to his view to understand the debate.

You're wrong. The majority of older people have a nest egg much bigger than that. The typical U.S. social security check is much less than the income requirements here. It's easy to live in Thailand for under 1000 USD a month depending on location and less than that if you buy a condo. I believe that you believe what you wrote, but you're quite simply misinformed.

Russians think differently. You are very naive.

For retirement based on bank account. Income required for that is ZERO baht.

Maybe they want to practice their English (or Russian)?

The government of Poland is concerned. Is that the west?

You're the one playing the maga BS game. Don't involve me with that! It's become clear to me that you're just playing a T game here. BYE!

I wouldn't say anything about most countries. There is no way you know that. You're just talking out of your ___. Anyway I've never been interested in Brazil but I am interested in Mexico. Expats need to do their own research to understand how things will impact them personally. I could be wrong but I think pension income is exempt there. A good example of this is Colombia which is regarded as rather tax unfriendly to expats. I did extensive research of this and found I would be required to file but social security could be fully deducted. Meaning a hassle but zero tax.

Absurd comparison. Expats here get nothing like that. Nothing to do with maga which is of course total idiocy.

Unpopular and dumb. Taxation without representation and any rights of a citizen.

Or Panama, Costa Rica, and many others.

Now that's total BS. I pay for Medicare Part B and get nothing for it. I'm uninsurable so when I do deal with the health system here I'm usually massively overcharged f-rang tax. During Covid f-rangs were explicitly discriminated against for a very long time in getting vaccines. On non immigrant visa here, we have almost no rights. Yes, of course money earned in Thailand should be taxed. But I think being taxed on foreign sourced income as expats is a very unfair.

If Putin is allowed by the obnoxious isolationist US republicans to win in Ukraine, I would bet the house that they won't stop there.

That's meaningless! Do you believe everything written in newspapers? Egads. Do you realize how often major lost in translation stuff gets published here? Countries with double taxation treaties are subject to unique treaties for their country. Exempt? Meaning what? Totally exempt or only exempt for the amount of tax paid if any in the home country? Your link doesn't resolve anything.

So I guess you're saying that would be more efficient than just eating it directly with fat? So you might need less product. But I'm wondering how much more efficient?

After weed is decarbed do you really need to cook it then in butter or oil? Can't you just use the decarbed weed directly mixed with foods that have fat?

Yeah I've heard that with decarbed weed the strain differences are all cooked away. So in that case it would be stupid to use high end weed for that.

Wrong. The treaty gives tax credits on what you paid if anything in the US. Not what you said.

My level considering most of my income.is US social security which is treated advantageously has no US tax so double tax credits do nothing for me in Thailand. I really think they should exclude expat pensions as many countries do. Of course they can do what they want but taxing expat pensions definitely degrades Thailand's desirability as an expat retirement destination. Will I leave because of it? No. Already too heavily invested in staying.