sometimewoodworker

The U.K. Thailand DTC has only 3 categories that give rates; interest, royalties and dividends, this means that the vast majority of income is not restricted and so assessable for tax at the prevailing rates. It is certainly possible that the TRD may not enforce the letter of the law, there are numerous cases of people with assessable income over the proscribed limit for reporting but under the various allowances so having zero tax to pay being told to go away and not file a tax return. But then it is the difference between the letter of the law and the practice of the TRD, there is also the cost benefit analysis practiced by the TRD, if you owe millions in tax the TRD are likely to ensure you pay everything due if you get audited

There is no sprit involved. There is the letter of the agreement. The agreement is to avoid taxing the same money at a higher rate than the maximum in either country . The principal is that the highest rate of tax should be paid, be that in one country or two is immaterial, often a single payment in the source country, but there is nothing to prevent taxation in both countries, for most income. There is no sprit that supports only one country taxation. The immense misconception that the vast majority of people fall into is thinking that “because I have paid tax I one country I do not have to pay tax in the other country“. This is only true if the tax due in the first country is greater than the tax due in the second country. I have heard of nobody getting that kind of assistance.

And as I pointed out your belief is wrong. As is demonstrated by the exact wording on the TRD website quoted earlier in this thread specifically “The resident country (Thailand) retains the right to tax the income which was already taxed in the source country” And how does that stack against your belief that the TRD won’t tax it?

The TRD doesn’t have an interest in your businesses. They are interested in the funds you remitted to Thailand and if they are assessable or not. It is your job to provide proof of their assessable nature, if assessable that they exceed the (or do not exceed) the allowances, then you must pay tax on them. That tax may be reduced by a credit in the amount of actual tax paid in a foreign country is the effect of the DTA’s The net effect of setting up a business in a zero/low taxation state is to increase the amount of Thai tax you must pay when you remit that money to Thailand You seem to have fallen into the trap of thinking that the TRD doesn’t not tax foreign taxed income. The TRD specifically states it can/will tax that income

Your belief regarding the DTA’s effects is in direct opposition to the RD rules/law. Unless the DTA SPECIFICALLY exempts that income. Note the highlighted wording un section 2 specifically “The resident country retains the right to tax the income which was already taxed in the source country‘ the resident country is Thailand the source countries are outside Thailand q.e.d.

Further, The location/address when setting up the account does not effect the ability to send funds to that account, the location of the bank you are transferring funds is more important. There are receiving bank accounts in various countries. For U.K. transfers in sterling there are at least 4 different commonly used ways to fund your Wise account Bacs, FPS, debit card and credit card. The first is usually free for personal banking customers, the second always free for personal banking customers, the third and forth are not free. As I do not have a US bank account or US$ account I don’t know the details of US$ transactions. all of this information is on the Wise site, probably more but I haven’t needed it., I do have the account information to send Euros but haven’t needed yet.

I typed I assumed it NOT possible: My bad, I didn’t take enough time to read your point completely.

There are several incorrect assumptions there 1) double taxation agreements to not stop a Thai tax liability (you can research the details) 2) you underestimate the audit department officials and the way an audit works. in an audit YOU must provide proof of your claim. situation; 700,000 hospital bill audit department question, where did the payment come from? Your answer? audit department question, please provide proof? Speculation, audits have been historically rare unless one has been a taxpayer and the amounts change radically. However large domestic transactions could trigger a few questions if not a full audit.

You are wrong. Wise doesn’t accept Baht transfers. There are quite a few currencies that are accepted, many are out going only Only if it’s in one of the accepted currencies like US$ and even then it may well not be possible as Wise must have setup to receive foreign currencies in Thailand. It is unlikely that there is enough demand to be worth the trouble.

While they may send a card to Thailand, they will not allow a Thai wise account to have a card. You obviously do not have a Thai wise account.

Do shill your c*r*a*p on somewhere that is not the Apple Products forum

It is under “faceID/touchID. & passcode” and is .Erase Data after 10 failed attempts there is also another security measure that is Stolen device protection this adds security if you are away from a known location like home or work.

You can do that, but even if you don’t do that you can also enable the wipe this phone after 10 failed log on attempts and or the erase this device option. if you ever get it back once wiped you can restore 99% of the data if you have backup enabled.

iPhones are indeed different to android devices. You can absolutely do a factory reset on an iPhone if find my iPhone is switched off but without that the problem is that if you actually manage to reset the iPhone (this is not trivial to do) it becomes a very expensive paperweight if you do not have the Apple ID that it is linked to. Without that it is totally useless. The Apple security suite is remarkably robust and governments have the ability to spend the thousands or hundreds of thousands to probably recover the data however if you have used something like the 3 memorable word password then its likely to take them years if they ever can. FWIW there are a couple of well known cases where it has been years and the phones data is still not available. You can use the phone in a less secure way and for the majority it’s good enough, but for those who want security it’s quite easy and quite fool proof This is one of the reasons that iPhones are popular

So that seems to imply that because of trump the USD has less value!!

Where they are stripped for parts was no part of my post. Nor yet is it of any particular relevance, that they may end Shenzhen is certainly likely but the market for stolen iPhones as working devices is tiny due to the security features Apple implemented. The majority of iPhones have the “find my phone” enabled, this is virtually impossible to defeat and results in a brick unless you have the Apple ID and password This change came around 5 years ago and made iPhones a poor target for theft once its effect became apparent. They are still stolen but now are not value for risk. Your claim that bricked iPhones can be unbricked was incorrect and the point of the post, it maybe that, that wasn’t clear

That’s a great outcome. However, I hope the first thing you do is to turn the Find My on. With it on it it’s much easier to deal with it with it off. You just happen to be lucky.

You clearly don’t understand the security and strength of the Apple lock process. There is nothing that can be done to unlock an iCloud locked phone. The only way to do that is to know the Apple ID and password. The only thing that a locked phone is good for is to strip it for parts. A locked iPhone mother board is worth around £4.00 Of course if you have government class money you may be able to recover the data

For that kind of transfer I would check the SWIFT cost though there are other charges, it may be cheaper. There is also the point of where the funds are coming from, as you are certainly in the, requirement to pay Thai tax, bracket, your funds maybe exempt or you may owe the Thai tax man a fair bit.

Regrettably nothing now. For future use the first thing to do is get the new/old phone on your iCloud account and turn on “find my” Once that is done you can disable cellular data and WiFi but it will still be on the account, FWIW all my HomePods etc are showing on my iCloud account but of course not on find my

Once to go to your phone company you can deactivate the sim in the missing phone and your provider will issue a new sim with your old number and it will include any funds you had on the old sim. if your phone is on your Apple account and you can access the “find my” from your account you can put the phone into lost mode. this locks the phone and you can display a message. A suggestion is to offer a reward and give a number for someone to claim the reward by returning the phone. This essentially turned you phone into a brick until you unlock the phone yourself. The only value to a locked phone is for parts it is totally unusable.

Of course not. It is my observation of the ways different revenue departments function, gained over half a century of interaction with them and a few audits or serious conversations, they all have a remarkably similar approach. This can be summed up as imposing a tax assessment that is stratospheric then waiting for you to prove (with documents) a smaller amount, but if you don’t do that quickly the assessment becomes your bill with no appeal available. So difficult or not it is you that must provide proof not the TRD. Unfair? Sure. Difficult for you? Sure. But easy for revenue departments? Of course, Why should they make their life difficult when they can shift the work on to you? All the need to do is look at all large transfers and if there is no tax form or the amounts are significantly smaller than the receipts neem them assessable undeclared income and wait for you to prove that they are not. Sneaky? Maybe, but you need to be able to prove them wrong.

Since I have an M2 the jump is not great for me, for others with slower Mac’s it’s a better choice.

You need an industrial UPS and to have the areas of your house wired for it. We have only bothered to put our security system and network on the UPS the batteries are external to the UPS and if we want a longer run time we can just add more batteries. The company is CyberPower the have a 2 year on site warranty (it does work I have used it) this is one of their units, we have 2 x 12v 50 Ah deep cycle batteries. If you need more power either add another unit or buy a bigger one. This is NOT cheap, it is effective. we have a smaller one, the one above is 36,800 + shipping batteries not included, expect to pay at least another 12,000 and up for them (4 x 12v 50Ah) possibly more

He is paid more than double the Thai daily rate as he is SWMBO’s brother and she is subsidising him, however in Thailand it is usually a day rate not an hour rate and this starts at ฿300 and goes up from there, this is dependant on the skill of the worker. There are few cash jobs available in our area year round, he is employed 2 days a week and is free to get other work whenever he can. We are in the position to be able to provide work year round and to afford to do so.