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CharlesHolzhauer

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Everything posted by CharlesHolzhauer

  1. I guess Mike's Simple Tax Guide needs to be reviewed accordingly.
  2. Why would you say something like that, are you trying to have an argument about my inquiry? Since there are so many proposed changes on the horizon I felt it reasonable to ask the author of the post as he seems to very knowledgeable about tax issues. And, like many others, I'll spend my remaining years here in Thailand come rain or shine, with tax breaks or without. Steer away from me - Ben Zioner, won't you!
  3. I did not realize that the parliament could overturn a Royal Decree. Do I understand this correctly, and if so, could it be within the realm of possibilities that the tax advantages for existing holders of the LTR will be declared null and void, bringing it all to a level playing field?
  4. Apparently there is a ratified agreement in place signed by both parties - but then again I wouldn't be surprised if USA backed out😐
  5. Via CRS - a global financial reporting system where countries share financial data about each other’s residents.
  6. Are you going to reveal your arcane knowledge to this forum?
  7. That is moderately interesting but of little value to those residing in Thailand. The fact remains that Thailand is an independent and sovereign country with its own laws, rules and regulations. But you already knew that and acted accordingly.
  8. Q.: How does the RD in your home country handle the language problem? A.: They don't as the language of your home country takes priority. Why should Thailand accommodate all the languages on earth...
  9. Don't underestimate the power of computers aided by AI etc.
  10. With the absence of a retirement visa, maybe Thailand is not a retirement destination per se.
  11. What is the CRS? "In a nutshell, the CRS is a global financial reporting system where countries share financial data about each other’s residents. It is an information standard that facilitates the automatic exchange of financial account information between tax authorities globally and it was developed by the Organisation for Economic Co-operation and Development (OECD) to assist countries to combat tax evasion."
  12. All this is currently under review. There will be a 'September Surprise - one way or another.
  13. My jitters decreased somewhat after reading the post from Dogmatix <https://aseannow.com/topic/1327622-thai-gov-to-tax-remitted-income-from-abroad-for-tax-residents-starting-2024-part-ii/page/7/>
  14. Because the threshold may be changed at the will of the government without any notice (next month it could be announced that the threshold will be lowered THB10m). Worrisome times ahead - afaic anyway.
  15. This amount may trickle down considerably. Point is the government is cash strapped THB1B may just be the beginning...
  16. New overseas income rules https://www.bangkokpost.com/business/general/2805305/new-overseas-income-rules. This certainly will throw a spanner in the works.
  17. ask for khun somyot
  18. It may be helpful to read the 'Introduction to Personal Income Tax in Thailand' <https://aseannow.com/topic/1324294-introduction-to-personal-income-tax-in-thailand/#comment-18857397> in particular METHOD OF FUNDS TRANSFER, GIFT TAX - What the Rules Say and UNRESOLVED, CONFLICTING or UNCLEAR ISSUES Point "S"
  19. It may be helpful to read the 'Introduction to Personal Income Tax in Thailand' <https://aseannow.com/topic/1324294-introduction-to-personal-income-tax-in-thailand/#comment-18857397> in particular THE HONOUR SYSTEM AND PENALTIES .
  20. I’m glad you found your own answers. You’re so clever, and I’m sure other posters reading this are in awe. Well done.
  21. Your sentimentality seems to be getting the better of you.
  22. Your most constructive and pertinent questions have been duly noted.
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