ukrules

One could even say it's a 'basket of currencies' competing with each other 🤣

Correct, it's charted and known as the DXY, here you can see the decline of the USD since April and June https://www.tradingview.com/chart/?symbol=TVC%3ADXY

What? The judge made his judgement and it stands. The prosecution could appeal. The complainant can't do anything as they are not directly involved in a prosecution.

Normally it would be the prosecution who does any appeal I believe. It has nothing to do with the victim, they are not involved except being a witness.

Saved you a lot of legwork I suspect by double checking here. Some tax experts advice is not worth the paper it's printed on. I have so little trust in them that I would seek at least 2 opinions and perhaps more if they don't agree on everything. However my needs are simple as a non resident for a few years.

The irony here being that this might force someone into becoming a tax resident during a year when they planned to be non resident.

I've got an 'Elite' visa that's good until the 2040s and a 1 year visa in Cambodia that can be renewed each year, I come and go between both places as I please and keep a 'residence' in both.

No, the opposite, they will know and you automatically become a non resident - it's not a choice - they decide when, there is no paperwork to file - if you don't meet the test then you're out. You bank doesn't know <deleted> unless you tell them.

That's exactly what Botox does, who are these idiots?

I think we all know just how intelligent this guy based on his actions

Defamation - he's been defamed and demonised by the entire press, TV stations and plenty of this forum members. Now he's confirmed not guilty he has a definite case. Expect it to all be deleted very quickly or his lawyers will be very busy in the coming months. Anutin also announced that he will cancel his visa so maybe he can sue him as well 🤣

In 2013 they introduced something called the 'Statutory Residence Test' in the UK so if you're not there for at least a certain number of days every year for 3 years in a row then you are automatically a non resident for tax - there is no choice involved. Do you have enough days per year over 3 years - if you don't then you're out of the system automatically - it's been this way for more than 10 years now?

That sounds like nonsense to me - don't you only list what you remit on the tax return right now. I would seek clarification from another tax professional as to why they think non remitted income has anything at all to do with the Thai RD in a year before it's remitted. If they changed it to global taxation then they're going to want a full list but right now that's not how it works.

Indeed, there is an exception though and that's if you earn money locally. they will want their pound of flesh even if you're working in Thailand for a week. That's not going to change your residency though - less than 180 days, even for Thai citizens is solid. Many other countries make it much harder to avoid any tax but in Thailand it's simple if you have no local income and are non resident.

You're looking for a Samsung Galaxy S24 Ultra, or one of the other S24 models with some additional storage added in using the spare memory card slot for the storage. Not sure on the rest of the specs but that's the best one and the prices seem about right. I just bought a new Samsung Galaxy Tab, cost about $850 here in Phnom Penh, I was kind of forced to buy it because my old Ipad Air was so out of date lots of things wouldn't work, new apps no longer support the old version and they don't allow upgrades so I dumped it and went with the Samsung this time around. That old Ipad is maybe 7 or 8 years old.

This is what I'm doing.

I already explained elsewhere on this forum why this is nonsense, it was in another thread a few days ago and I'm not going to post it again. But I will do a one liner. The US and Eritrea are the only 2 countries to tax globally while the citizen is NON RESIDENT - nearly all other western nations tax people who are tax residents on their global earnings. You are mistaken, I once thought this myself....like you, I too was wrong.

$250k isn't going to go very far when it comes to an owned and operated private jet after all the associated costs are taken into consideration.

I tend not to pay any attention to other people while shopping as I'm busy doing what I'm there for, so I have no idea if they follow me around or not and I don't care one way or the other. All they will see is a very good customer who spends way too much money and buys multiples of every item so I don't need to come back very often.

This practice is far from common or there would be many dropping dead every week. This would be the perfect cover for a poisoning murder.

You're confused, I will explain. Many countries tax on worldwide income regardless of whether it's remitted or not - pretty much every single 'developed western nation' on earth does it this way. Now the confusion part - they only do this while you remain a resident in the country, if you stay out long enough, which in some cases can be as short as a year depending on the income source then you will lose your tax residency - the key here is keeping out of the country and maintaining non residency. I know what you're alluding to and that's the two exceptions which are the US and Eritrea who tax their citizens worldwide income even if they are not resident - that's the difference here. If you lose US residency they're still taxing you, there are exemptions which are reasonably generous if you're a normal working guy but if you're doing well and bank a few million they they're gonna get you!

Nobody's taxing you on 5k of cash. But lets say you bought large amounts of cash in on a regular basis and went to one of the surrounding countries twice a week for a year and then attempted to change it all into Baht - how are you going to do that without raising an eyebrow? When you change money they ask for your passport for a reason and it all goes into a computer. I knew a couple of guys who were successfully attempting to convert a lot of illicit funds from GBP into Euro in England until the day when they were confronted about all their other transactions at diffferent branches around the region - it's all tracked, and this was more than 15 years ago. At this point it becomes laundering and tax evasion which is highly illegal and something to be avoided at all costs.

We both got 1 year business visas on our first trip earlier in the year. Used an agent, had it 'fast tracked' and got it back with next day service. Cost just under $1000 for the both of us, multi entry 1 year. Now here's the interesting thing - when you get stamped in with one of these 1 year visas there is no 'leave by date' in the passport - only an entry date. I'm told we can stay until the visa expires and potentially longer if we extend it in country Previously on our first trip we just got the 30 day business visa which is required to be able to upgrade to a 1 year visa - you can't get the 1 year business visa if you're on a tourist visa at the time - they won't do it!

It's 180 days or more for Thailand that makes you a tax resident. But you will only be taxed on money you remit into the country at the moment, maybe that changes in the future - they said they want to change it so they can tax your global income after 180 days which is how a lot of countries operate but who knows if they manage to get that through parliament.

My Mrs came down to Cambodia with me, she's here in the Phnom Penh apartment with me now. They can very easily leave and the 180 day rule applies equally to them....