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The Cyclist

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  1. Perhaps you are not aware of Thailands Aim and objective of becoming a high income Country by 2037. https://www.worldbank.org/en/country/thailand/overview One of the way to achieving that is by investment, that investment requires more taxation than Thailand currently raises. But you carry on thinking that changes are not going to come.
  2. I would say it is you that knows nothing about the OECD Section 11 page 3 lays out obligations of OECD membership and what members must accept. https://one.oecd.org/document/C(2024)118/FINAL/en/pdf And a tax system where approx 0.53% of the population or 10% of the workforce pays income tax will not meet the OECD's obligations and aims concerning tax avoidance / evasion. Crying shame you have no idea how Supranational organisations actually operate.
  3. I think I have to conclude that your desperation is clouding your thinking. You are now talking absolute nonsense.
  4. I would agree with you, if I had ever said it was an OECD requirement. But as I have consistently said it is the OECD's preferred method, no I don't agree with you
  5. I think that should read 10.5 million Tax filers, and about 4 million taxpayers. 10% Of the workforce Which represents a massive 0.53% of the population
  6. If you want to throw insults, sharpen up your reading skills. I have never said that global taxation is an OECD requirement. The OECD website will tell you it is their preferred method. Got that ? Do you see the issue below ? I used Canada just for you. Do you think those people at the OECD might have also worked this out ?
  7. I don't know what the %ages are But it doesn't take a forensic accountant to work out Canada, pop 40 million, taxpayers 29 million Thailand, pop 75 million, taxpayers 4 million. Something is drastically wrong, and the most likely answer is tax avoidance / evasion.
  8. Ask yourself why I would be trolling. 1. The current remittance based taxation suits me just fine. No Thai tax to pay. 2 Move to worldwide taxation. Still would have no, or very little tax to pay in Thailand, all sources of income are taxed in the UK. https://www.oecd.org/en/about/news/press-releases/2024/10/oecd-kicks-off-accession-process-with-thailand.html This is happening, it is not trolling.
  9. Not my logic, EOCD logic. https://www.oecd.org/en/about/news/press-releases/2024/10/oecd-kicks-off-accession-process-with-thailand.html Thailands current tax regime, is not compatible with the OECD best practice on tax avoidance / evasion. So it will have to change. You might want to read " Obligations of Membership " on page 3 https://one.oecd.org/document/C(2024)118/FINAL/en/pdf You can either accept that. or hope and pray that Thailand drops its OECD membership.
  10. That's the one, although in this case there was fire, 3 fires to be exact. Arson attacks are generally personal, so......
  11. Articulate take 😀😀😀 Appear to me that there are posters that are filling their knickers at the thought of Thailand changing its tax system. I couldn't possibly guess as to why that might be.
  12. How does every other Country that taxes Global Income do it ? You declare and pay tax as appropriate / applicable, or run the risk of being nabbed for tax evasion / avoidance.
  13. Perhaps because I am not saying it will be abandoned According to this thread. The changes to remitted income for Tax year 2024 resulted in a large drop in tax revenue. Changes to taxation of remitted income might not have been a good idea. Perhaps the next change will be to a taxation of Global income.
  14. Dear Gawd in heaven Do you agree that Thailand is currently going through the accession process to join the OECD ? https://www.oecd.org/en/about/news/press-releases/2024/10/oecd-kicks-off-accession-process-with-thailand.html Do you agree with the following If you agree with the above, then the following applies You can either accept that changes will be happening as long as Thailand continues on the path of OECD membership. Or you can stick your head in the sand, which is always a great policy. It means you never see things coming up and biting you on the @rse.
  15. Did you read the OECD link I posted ? https://www.oecd.org/en/about/news/press-releases/2024/10/oecd-kicks-off-accession-process-with-thailand.html Especially this paragraph That is PC speak for, if you wish to join the OECD. You will implement what we tell you. And the current tax regime in Thailand, where some 12 million file a tax return, some 4 million actually pay tax. Is never in a month of Sundays going to pass the OECD sniff test on best practice for the avoidance and evasion of tax. Therefore, as long as Thailand continues with the current OECD accession path, changes to the tax system will be coming.
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