Everything posted by koolkarl
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Hong Kong and Thailand join FPS with PromptPay, unlocking cross-border QR payment linkage
With all info stored on government computers forever. You are tracked night and day when you use this payment method. Cash is the way to go as always.
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Chiang Mai AQI Is Already Over 100
Last night is was 114 at Meechok Plaza. And 100 at 7 am this morning.
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Chiang Mai AQI Is Already Over 100
And it is only Dec. 1. I know this topic has been beaten to death but nothing happens.. Tourists have to be ignorant of this polluted air to come here at all. Between the changes in the tax situation and the never ending air pollution that seems to get worse each year, I am fed up.
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Tourists Having to File a Thai Tax Return
In this country, you are either an immigrant, a citizen or a tourist. As most of you are aware, anyone staying here more than 180 days a year is considered a tax resident and must file a tax return reporting any incoming remittances to Thailand. Most retirees are not immigrants or citizens. What is the legality of a tourist having to file a tax return here?
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Pattaya should be on any list of places to retire abroad where English is spoken
10 horses couldn't drag me to that cesspool.
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Taxation of Ex-Pats pensions etc.
Whoever received the inward remittance will have to report it on a Thai tax return including your Thai wife. Already in effect for 2023 which has to be reported by March or April 2024.
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Taxation of Ex-Pats pensions etc.
If you were living in Thailand more than 180 days during 2023 and you received funds from outside Thailand, this amount is supposed to be included in a Thai tax return and filed by March or April 2024. This carries on year after year until changed. I believe any pensions sent into Thailand will be accounted for on the Thai tax return for double taxation. Because of this CRS agreement, eventually Thailand will make you report all world income on your Thai tax return. And in return, you will still not be a landed immigrant, no health care, just a 1 year tourist. Is that worth staying here?
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Chinese Police to Patrol Tourist Hotspots in Thailand to Boost Tourist Confidence, Says Thai Prime Minister
What an insult to the Thai police. Thailand must be extremely desperate to allow giving up their sovereignty.
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Why did you choose Thailand?
No income tax and fresh air !
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Inflation rate in Thailand dips for first time in over two years
Why doesn't the government publish exactly how they calculate this rate? And are the components exactly the same as prior reports? There is incredible inflation in Thailand and deflation is needed to get prices back to where they were originally.
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Change in the tax law does target expats living in Thailand and extends reporting obligations
As of last month, Thailand is an active member of OECD and the CRS agreement in place with many countries. They have to adhere to the OECD standards which means anyone who resides in Thailand more than 180 days a year is a tax resident and will eventually have to file a tax return here reporting their world income. They will likely do this in stages. But if you have to file a tax return here eventually, they should make you a legal immigrant and provide healthcare, etc. Otherwise you pay and get nothing. As for myself, adios Thailand. I will spend my money elsewhere.
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Protesters come out to show support for Gaza - and almost universally blame Israel for hospital blast and the US for backing it
Proof is out that Israel did not bomb that hospital. If it would snow in Miami, they would blame Israel for that too. I can't stand ignorance. https://www.zerohedge.com/news/2023-10-18/who-struck-hospital-gaza
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79% of Thais want digital wallet money to spend – NIDA Poll
The appointed dictator is manipulating the sheep to set them up for total government tracking of them forever. Don't you just love politicians who want to always screw you while you pay them?
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Ex-Thai PM Thaksin Undergoes Medical Scans, Health Condition Confirmed Stable
You can complain or make jokes till you are blue in the face. All a waste of time. Thaksin and friends just continue to laugh at everyone...
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Thailand boosts tourism with free SIM cards and digital privileges for visitors
Instead drop the 300 baht tourist fee and give free health insurance.
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Thailand, Singapore Ready to Enhance Multifaceted Cooperation
CRS agreement is at the top of the list. All Thai residents who have a Singapore bank account will now have their total assets and annual income in Singapore, automatically reported to the Thai tax department and visa versa. This is done each year. Start packing.
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Public Warned Not To Buy Counterfeit Flu Medicine Amid Severe Outbreak
Likely called covid and it is ironic that the 5 fold increase in cases coincides with hordes of Chinese here again.
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Gaza 'soon without fuel, medicine and food' - Israel authorities
They can take their anger out on Hamas. Israelis are the effect, not the cause.
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Gaza 'soon without fuel, medicine and food' - Israel authorities
Just read where a young, unarmed Israeli girl was stripped down to her panties, raped and paraded around Gaza. If Gaza was leveled, it would be deserved.
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Senate votes against police request to question Senator Upakit Pachariyangkun
As long as the Thai people do nothing other than complain on social media, these appointed guys will do whatever they want to with impunity.
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PM Reassures Digital Wallet Project Will Be Implemented
The appointed dictator has spoken and so Thailand is on its way to be completely cashless in time. Along with CRS agreements already active with most countries, the world has become a much smaller place thanks to Obama who started all of this CRS business. I always dream if I could become a US congressman....
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Thailand’s inflation for September falls to 0.30%
If you believe this figure, then you like believe in the tooth fairy. Inflation is more like 10% per annum here for years. Thai interest are so low that the baht should be 100 to the dollar. All manipulated.
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Thailand’s digital wallet project: Green light to make cash splash
Wake up. This scheme is just a teaser to get people used to a cashless country which it will become soon enough. Then your friendly politicians will have completed total control over you and your money if it is within an OECD CRS country.. Thailand now has active CRS agreements with just about every country including Cypress, China and Cayman Islands. Time to look elsewhere.
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More details on Thai taxation of overseas income
Still clear as mud. They don't mention the most important thing which is the automatic exchange of asset and income info yearly between members of this OECD CRS agreement.
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PM Srettha aims to lift Thailand to upper-income status in four-year soar
Not a hope if Thailand proceeds with its proposed taxes and income and asset info swap with members of OECD.