ukrules

That 'if' is the important part - as none of the crypto exchanges currently withhold any tax at all leaving it all subject to PIT Right?

Ok, they want the extra money alright. The twisted narrative that the OECD setting a minimum tax rate is never supposed to justify tax cuts - it's there to encourage increases where large multi nationals are paying nothing. Yet here we are - Thailand considering corporation tax reductions but public VAT increases. Couldn't make it up.

Nobody knows anything, even the MPs

Of course they're not but they will ask again, repeatedly.

Never sell in Thailand or any profit is treated as personal income which means taxes far higher than which might be considered normal capital gains levels depending on which country you're from. Now I'm not 100% sure on this but I would treat anything bought, traded and eventually sold on a Thai exchange as Thai income which means it would be taxed even if you're non resident - for example, less than 180 days.

Nothing, in fact I don't give anyone anything for superficial holidays, ever.

If they make a mistake it's your fault. Remember where you are, there is NEVER any benefit to you. EVER.

They get zero sympathy from me. They couldn't be bothered to vote and this is what you end up with so they are the ONLY reason this government became elected = it's all on them and they're going to reap the rewards for years to come with nobody else to blame.

Well they all voted for this, no going back for 5 full years. They're really going to get what they voted for here, and I hope they choke on it 🤣

Good questions, good luck getting any answers.

Any money made inside Thailand is regarded as Thai income and Bitkub is inside Thailand. So it's taxed as personal income tax in the usual bands. Would be a different situation if you were trading in some other country like the US, especially if you're a non US citizen. Kraken.

Lets not kid ourselves here, this elephant didn't need saving, they were saving the Durians.

Have you tried using the OpenAI app on a phone where you first tell it to translate anything it hears next from X language to Y language and giving it a go. We're down in Cambodia and both me and the Mrs have used it to translate English and Thai directly into Cambodian - and translate the replies - it seems to work very well so that might be a decent option. I pay for the OpenAI subscription, not sure what you get on the free level.

Indeed, a lot of people seem to think you can just pick and choose your residency back in your home country - as you found to your detriment, you can't.

All issues related to CRS are mostly irrelevant with the current remittance system in place, remember it exists for western countries to tax those with offshore bank accounts. Thailand with the remittance based system doesn't really stand to benefit from any of this information and if you're no longer a tax resident in your home country then they're not going to care what you have or do in Thailand unless they tax non residents - which they don't in almost every country except for 1.

Perhaps it would be best all around if they used Thai made airliners as well as pilots.

I find you get what you pay for, if you have any items shipped directly from Amazon via the global priority shipping you get full tracking information up to and including delivery - but you didn't pay for that, did you?

Just a few short years ago nobody cared about overstays and you could pay the 20,000 Baht when you exited the airport and start again the next time you arrived. Wasn't an issue.

Is there a list of the offending URLs ?

This can not be true, I remember 'Big Joke' making an announcement about all overstayers being cleared from the country and it definitely wasn't 10 years ago. Could he have been lying to us?

Lets not assume that the tax allowances remain the same or even continue to exist under this new system. A true flat tax is across the board on all income. Why have they been attempting to get all the street vendors into the tax system in Bangkok? I think we now know why.

Kasikorn issues visa debit cards on saving accounts. But if you want a name on the debit card then they have to mail it out to you, the one they can issue in just a few minutes inside the bank when you open the account will not have a name embossed on it but it will still work.

I was talking about me and what I may or may not do personally

I was wondering when they got around to the elephant in the room : VAT

Right, he should have got out and accepted the beating from the mob - this is why almost nobody ever stops at the scene if there's a crowd of angry onlookers - regardless of whos fault it was.