ukrules

There won't be any negotiation, if they lower the taxes the reciprocity will be automatic, at least for now. I would like to point out that what Trump did here was actually very generous - he only applied a 50% reciprocity. Why would he do that? I suspect it's because if these countries do not alter their tariffs then the rest will come. So for Thailand that rate could double. No negotiation required, just act and reciprocity will be delivered. This is the exact kind of thing I've been wishing for for a very long time and as far as I'm concerned it doesn't go far enough - there should be full reciprocity for all things - like citizenship for example - if there's some arbitrary number per year like 100 then that number should exist in the US as well. Same for permanent residency, land ownership rights, etc. All countries should do this.

About time some reciprocity was introduced here. People simply don't purchase goods from the US due to local import taxes and this addresses this problem - because somehow over the decades and we're going back to the 1940s and 1950's here the morons running the US decided it would be better to buy foreign which decimated their domestic supply chains. US gonna be busy building. So when you old guys lived the boom times over in the US - this is why - it hadn't got out of hand back then.

Zoiper is just a generic SIP client, there's loads of them out there, I made a separate thread about this. I purchased Zoiper Pro but it's useless to me due to saving the phone call in WAV format only, so I settled with the free MicroSIP - any of these 'software phones' will work with any of the SIP / VOIP services.

Oh really. In 2024, the U.S. goods trade deficit with Thailand was $45.6 billion, marking an 11.7% increase from the previous year. This means that the U.S. imported more goods from Thailand than it exported to Thailand during that period. Data can be found here : https://www.fool.com/research/us-trade-balance/

Ah so Trump finally did what was needed, reciprocity. Good to see it. Would be nice if a few other major countries did the same thing. Tax the imports and be taxed right back. Simple. No negotiations are required at all.

I keep hearing about these stakeholders, am I ever a stakeholder? It sounds like a complete load of <deleted> to me

Isn't it just vertigo?

It sounds to me like you have an idiot processing your renewal back in the UK

Don't bother - they turned off tweet embedding so save your breath - it's not wanted

Saw this on TV earlier - it's nuts!

I saw only one video but it was heavily edited. Did you see the full version?

Describing it as a loop hole is not correct. The previous system where no tax was due on prior years earnings was very deliberately introduced with a 'memo' issued way back in the 1980s. Suddenly out of nowhere a new memo was issued some 40 years later which reversed the 1980s memo. Which brings us to where we are now. So it was never a 'loop hole' - which is an unintentional consequence of something which wasn't thought through properly - it was a very deliberate and meticulous act when introduced and a very deliberate act when removed.

I wouldn't go that far, it seem like they can't be bothered with the hassle - at the moment.

If they hadn't have killed him they there would be no murder investigation. If I see some crazy running around like a mad man I tend to just ignore them. If they bother me and I manage to get rid of them then that's great. What I don't do is give chase and then 'subdue' them to death for some reason. I don't care what the guys issue is, once he's gone, problem solved.

So the difference in a manslaughter and murder charge often comes down to one simple question. Did they 'go after' the deceased or did an incident break out in which they had to act in self defence. Here they gave chase and in many countries that single difference is what changes any potential charge regardless of the reasons given from one of involuntary manslaughter / manslaughter to murder. It's a very small difference but it's why people sit in prisons for life compared to say 5 or 10 years if it was a one punch knockout in response to a single incident. Never chase someone down and attack them - because that's murder if they die, even if you didn't intend it - chasing after them is intent to attack. Simplified but explains how some people can end up on a murder charge even if it started out as an act of self defence.

You're right of course, but in practice lets face it - hardly anyone filed anything with the Revenue Department and many people remitted mixed funds / same year funds without much separation. I know some people used the beginning on the year big remittance method - as in do a wire for a few million Baht on the first business day of the year - kind of proves the money comes from the previous year but many people, even those who attempted to get TIN numbers were knocked back- and they're all potentially liable.

Indeed. British man murdered by a gang of thugs in Bangkok is the headline. There's never an excuse for murder so the circumstances (excuses for their actions) surrounding this literal beating to death of a tourist in Bangkok are kind of irrelevant really. He's dead, they killed him and it's all on CCTV.

Didn't happen to me either but it does happen. Imagine some local tax official filling out forms for years and doing them all wrong. No problem until the auditors come knocking. It's not the tax official who has the problem then.

Yes it is, and sure I will do me which is why I now spend half a year in Cambodia and don't pay a single Baht no matter how much I remit.

Think of it as being similar to immigration making a mistake on your entry stamp. It's your responsibility - not theirs. Same thing.

Indeed, you might only see one at a time but where there's one there's always and without exception many more

It's all nonsense, sit back and watch little to no change. Things may change over decades but not a few years and Thailand definitely won't be leading the way.

Use Kraken.com in the US if you have no ties to the US, are not a US citizen and have never been a green card holder. The US have many tax rules for anyone who's ever been a taxpayer inside the US - but for the rest of us - things are far easier. Also Kraken are international and they offer some special services to non US residents which are not available to US residents - like interest on cash balances. Oh, and they do not care that you are in Thailand one bit. I used a Kasikorn bank statement which I had printed with my address in English to prove my place of residence and they don't even mention a tax id.

Who told you this? Also what country and which exchange? Because I can tell you that it is definitely not the case for Kraken in the US when registered in Thailand.

Nonsense, what do you think an audit is?