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Everything posted by AreYouGerman
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DTV visa and expat tax issues (video)
AreYouGerman replied to george's topic in Thai Visas, Residency, and Work Permits
Why nobody can read anymore? "180 days, [..], with a 10,000 baht filing fee each time." You go out, you come back 180 days = 10,000 THB -
DTV visa and expat tax issues (video)
AreYouGerman replied to george's topic in Thai Visas, Residency, and Work Permits
"stay up to 180 days per visit, on a multiple-entry basis within 5 years" If this is gonna happen, that you can just do a border run for another 180 days after 180 days and pay 10k and this for 5 years straight, it's gonna be epic, finally a long term visa for non-boomers! Thailand will finally become the Digital Nomad Hub it wanted to be! And someone I have the feeling this '180 days' is going to be an open secret loophole to be tax exempt and boomers can't just use it because they are married or retired and not Digital Nomads! IOs will be like 'you old, you go other visa' if they try to apply, hahaha! -
It's easier to tax foreigners than Thais, though. It's just so easy to add it to requirements of the long term visas. Also, Thailand is still not a real democracy so it's more important to actually do something for Thais instead against Thais and enforcing taxes to be paid is democratic but not pro Thais.
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Depending on which residency address you provided to your bank/brokerage and what the DTA between the countries of your bank/brokerage and Thailand says. Many DTAs are just in place to hide the AEOIs (Automatic Exchange Of Information). Thailand recently applied CRS to all banks and so on which is the first step into the AEOIs in the direction of TH -> Your country. And the next step is most likely to get the AEOIs from other countries into Thailand going which means your bank/broker outside of Thailand will submit data to Thailand, automatically.
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Don't you understand what a DTA is? I don't want to bicker with you. It's very simple. You paid tax anywhere in the world and this country has a DTA with Thailand? You don't pay tax but have to file for tax anyway but will pay 0 tax. You didn't pay tax anywhere on some money you got and put it in some Swiss bank? You have to file for tax and pay Thai taxes on it. Or hide it and be a criminal.
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A DTA is essentially there to prevent - here it comes - double taxation. This means, if you paid taxes in A, you should be able to prevent to pay taxes in B, according to the specific DTA. Thailand's step to tax resident foreign income irrespective of remittance does not 'nullify a DTA' as you claimed.
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Hahahahaha. The Phillippines look better every day. And the best part is, even if you are covered by a Double Taxation Agreement (meaning you got fleeced already in your passport country or wherever your money is taxed already) you have to file for taxes every year which will cost 10,000 - 20,000 THB done by an accountant.
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Luxury Porsche worth over 10 million baht catches fire in Bangkok
AreYouGerman replied to snoop1130's topic in Bangkok News
What if.