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Everything posted by black tabby12345
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The biggest impacted will be global corporation including Thailand's(dodging tax payment skillfully using tax heaven and other legal loopholes). Earlier this year(in Feb when this was first addressed in public), I saw the article that says this proposed change will be strongly challenged by the wealthy Thais and big companies.
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Yesterday, I got a email from the accounting firm I contacted several days ago(out of curiosity). They sent me the link of the original BKK Post article of this same issue. And that sender(tax specialist) also stressed that the article is purely tax chief's private speech. Not a official statement by the tax department of Thailand.
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I am quite sure they certainly have no such resources or manpower to do that. Unless they can fetch and torture every single innocent alien here brutally. "Tell us all about your income outside our kingdom. Or your pain persists even longer..." Land of the smile will rapidly turn into the state of another North Korea with the tropical climate. Certainly bad for this country's reputation as the major tourist destination.
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..expand the tax base by requiring platforms with an income of 1 billion baht or more to report their sources of income. ------------------------------ It means he is not interested in anyone's foreign income less than 1B THB/year. Seemingly targeting mega corporation/super-super rich individuals. What make you guys worry so much? Any of the readers/posters here earns that much money each year I certainly don't LOL. This stupid article is another form of Click Bait; trying to draw readers' attention with the scary headline. Nothing more than that.
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positioning themselves strategically along bustling tourist hotspots. Looks like the best line in this article. And it shows they are well-organized by those behind the scene. In some countries(might include Thailand), there are underground shops that rent out baby for the female beggars. So they can earn more by buying sympathy from the passers-by.
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I have seen exactly the same scene in Thai-Burmese border(Tachilek) nearly 2 decades ago. Dirty little hill tribe boy in worn clothing begged money to the westerners passing by on the border bridge. When one old man gave some, he was then surrounded by 10-20 of such. And he looked like panicked. So I refused to give money when another similar one asked for a change. Even though I often give 10 B to the beggar sitting roadside elsewhere.
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Thai CBD market stands to lose THB 10bn
black tabby12345 replied to george's topic in Thailand Cannabis Forum
What a deceptive title. I thought CBD stands for Central Business District LOL. Hardly imagined it is something about cannabis. -
French Expat Rescues Two Men from Drowning in Lopburi
black tabby12345 replied to webfact's topic in Central Thailand News
He is the credit to western expats in Thailand. Long live the good man. -
If the New Tourist Levy is introduced, does the Thai immigration lift the restriction of 2-border run a year? Brought in by previous military dictator in 2015, it strictly limits the available (land)visa-run numbers in one year. Whatever they do to these old things, one thing is absolutely clear; it is another source of revenue to enrich the 0.1% of already-superrich of the kingdom. Rather than to be used to make the poor better off. Democracy does not really stand for the change for the better here. Instead, it often means more corruption and flow of rip-off money into the pocket of the high-ranking. And it done more openly as THEY WERE ELECTED.
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New Tax Rules for Expats in Thailand Spark Concern
black tabby12345 replied to webfact's topic in Thailand News
Foreigners only have to spend some cost of cheap photocopies. But it is those in tax department to do all these near-zero meaning workloads. -
New Tax Rules for Expats in Thailand Spark Concern
black tabby12345 replied to webfact's topic in Thailand News
If you are on tourist visa, you are not affected by this -
New Tax Rules for Expats in Thailand Spark Concern
black tabby12345 replied to webfact's topic in Thailand News
At the end of tax year, the revenue department will find out what a waste of their time and energy to tax on foreign retirees. Creating useless paper works for nearly nothing. -
Which type of retirement visa are you on? I have been on non-immigrant O(changed from Tourist visa more than a decade ago) for years. And it does not require health insurance. Instead, the stayers must keep at least THB400000- in own Thai bank account year around(THB800000 full amount for the first 3 months after its extension if you are on fund-in account method). It has been like that since 2017 as far as remember.