yozah

Not really. The <deleted> just threw the possibilty it in the air and now they are silent again. Utter clowns.

They don’t even realize how smart this move is. One billion in indirect tax revenue is a laughable underestimate.

An unsold asset is not income—it’s still just capital. So bring your long term coins to thai exchange and sell for 0 tax. Any way the amendment that this thread is about should make this point mostly moot anyway.

It is not that heineken is necessarily wrong. He is just repulsive teachers pet who already pays his taxes like a good boy and wants everyone else do the same.

https://www.samuiforsale.com/law-texts/thai-act-on-conflict-of-law.html Section 22 – Thai Conflict of Laws Act (B.E. 2481) “As regards property of husband and wife, if there is no antenuptial (prenuptial) agreement, the law of nationality shall govern. If the husband and the wife are of different nationalities, the law of nationality of the husband shall govern. However, in respect of immovable property, the law of the place where it is situated shall govern.”

I’m a foreigner planning to marry in Thailand, but I’ve read that if a couple has no prenuptial agreement, a Thai court will apply the husband’s home-country divorce rules to divide movable assets. My country allows a 50/50 split of all property—including what I owned before the wedding. If I later divorce in Thailand, could the court follow my national law and give my Thai wife half of my pre-marital savings, stocks, or crypto?

Why the fck article is giving a summary of the (current?) foreign source taxing rules at the latter part? What a confusing mess of an article.

Cyclist is trolling, resentful bootlicker or glowie. But anyway Thailand went against it's identity as land of smiles with the "we gonna tax your money you generously bring to our country". Now they came back to their senses.

Old rules: if you don’t bring money into Thailand now we won’t tax it later. New rules : if you don’t bring money into Thailand now, we will tax it later. Anyone who is not confused hasn’t been paying attention.

LOL. What video?

So what is the problem with just resetting the cost basis of foreign assets? Sell asset outside thailand and buy it back and then sell again and then bring to thailand. 0 capital gains no? 😛

😛

He is describing the situation. Better get your guns ready.

This is evil totalitarian wef stuff obv and anyone who says otherwise is a glowie or utter low T boot licker. Relocating to philippines but this <deleted> will reach there too in couple years too. World war 3 will be over taxes.

Way to miss the point

Your point? Confession?

You are not helping anyone. You are just normalizing the situation aka working for the tax department.

Cambodia does tax worldwide income though?

GG I'm out of Thailand because of the new rule. What if I bring money to my thai bank account this year but I'm not tax resident. Next year I can come back to thailand and spend them tax free again?

So I can make 10 million baht foreign income but if I only bring 1 million to Thailand I still only pay tax on that 1 million?