
paddypower
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Everything posted by paddypower
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I think it was a fictional character in a Charles Dickens book who said - 'the law is an ass'. the same is going on in Ireland - judges giving completely daft judgements, ignoring the victim to 'give a break', to the perps. time after time, (and, from what i read, the population is not exactly thrilled about this direction the judiciary is taking)
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yes, what a loss ubonjoe was. one of a kind. RIP. allow me to be dense. please. my plan: i go in to IO, say Feb 1st. I present all my papers including (i) 12 months proof of pension income in excess of 65k/month, (every month); (ii) proof that I have followed the 800k rules since Feb 2024. Then I request that my new extension be based on the previous 12 months pension income. i thought i have a simple question. I want to cash out mt 800k asap. how long do i have to wait to do that. ? Logically, once i have extended my visa on the income basis, I should have no need to leave the 800k on deposit. I really want to put that money to work for me, asap, earning Thai dividend income.
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thanks Doc. that is a huge plus, to my moring coffee......subject of course to the ruling from the new senior 'btch' IO who arrived at our provincial office last year. 'anal retentive' comes to mind 😉 dear Lord, when will the IO regs be written in stone, without individual officers being able to 'game' you, with individual interpretations? I've been doing this for 28 years. 🙂
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Endoscopy & Colonoscopy recomendations
paddypower replied to VintageTQ's topic in Health and Medicine
hate to say it - lucky me or lucky both my docs are/were good. had the bladder one done at Bangkok hospital phuket a year ago. no discomfort post op. the other one, I have done each 6 months, via the sinus, to check that my throat cancer has not returned. where did they proble you? are you sure it was not an alien abduction. ? -
Thank you for suplying those regulations. However, after I obtain my new exstension next month, I still do not know when can I withdraw my 800k. The reason i met both requirements during the past 12 months is based on advice on another AN forum ( which i have been unable to locate). The advice given there was that if you want to change from the 800k deposit method to the income method, you have to qualify yourself by using both methods for 12 months. this make sense, as in Feb 2024, i used the 800k deposit method. so you are correct in saying that i needed to (and did) follow the deposit rules for the 800k deposit for 12 months, until now. I still find the next part a mystery: I will go IO and apply for my extension. I will present proof that i followed both methods, when requesting that my new extension be based on the income method (after showing proof of income for Feb 2024 to Feb 2025). But, as I write: , I still do not know when can I withdraw my 800k. thanks in advance.
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Excuse that may be off-topic or a duplicate request: this year, I am switching to the income method, for my retirement visa expension. It expires Feb 12. I have 12 months pension income receipts, coming into my Thai bank account., Each one exceeding 65k, one for each month. Also for the months of Jan and Feb 2025, if needed. I have followed the rules for maintaining the 800,000 term deposit. I am aware of the documentation requirements, including the new one requiring that you show 12 months bank statement of your 800,000 term deposit. My quetsion is this : can someone refer me to the specific Regulation which identifies by which date you can withdraw the 800000 baht depost.? Thanks.
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''older CPA'' here: this is a letter I sent to my tax/audit office today. For what it's worth: 'Dear ......I have copy/pasted below, an article about the reporting requirements for the 2024 income tax returns, for Thailand. I have brought our 2 Canadian pension incomes in to Thailand every month, of 2024. The purpose is to qualify for the Retirement visa extension, which is due for extension on February 12, 2025. I will leave it for you to use your professional judgement as to what to report, if anything regarding this type of income. Of course, as you know, we do have a Double Taxation Treaty between Canada and Thailand. Best regards'
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Bitcoin or Gold?
paddypower replied to Neeranam's topic in Jobs, Economy, Banking, Business, Investments
impressive research history. 🙂 -
Bitcoin or Gold?
paddypower replied to Neeranam's topic in Jobs, Economy, Banking, Business, Investments
you live in Thailand, right. I do not know if you have to report for Tax in your country of origin. But can i add a thought. there's chatter about the Thai Govt trace/taxing crypto trading profits (income or capital gains?) Same all over the capitalistic world. part of my retirement investment portfolio, is, in (don't laugh) Thai Income funds. they are low risk/high yield. The profits from trading are tax exempt, as are any other capital gains from trading stocks here (warning! not investment advice). income is taxed at 10%. (some of which is possibly recoverable). sort of off-topic - i've filed Thai tax returns for years, due to having local rental income. . -
what you write is true, historically. but these are starting to look like different times. I know the big T is misquoted about his ''dictator for a day'' remark (which he threw out there for the MAGA fans to lap up). lots of chatter out there, about Musk's appointment. there is no doubt that the big T. wants to push through appointment of all of his nominees, regardless of the Senate approval process. and he has already said that the process of the constitutional separation of powers, could be evaded, by trying to do a blanket bypass of Senate's core advice-and-consent authority. all for the sake of his definition of efficiency. maybe he's right? or maybe the saying Where's there smoke' comes to mind.
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He doesn't need it - he has made more money selling most of the ambassadors' appointments . If he does get it, it will be channelled into the Bibles Fund, or one of the many other charitable oranizations that Trump sets up every time he farts. Get serious - this is the only man in the world to go bankrupt operating a casino. 555
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NACC Launches Probe into Thaksin’s Alleged Hospital Fake-out
paddypower replied to webfact's topic in Thailand News
he's acting like he's on one of Musks' rockets - heading to the moon. what is more likely is that the old saying will come true: ''the bigger they are, the harder they fall'' . as a Christian by nature, I don't wish ill will. But it will make my day when it happens. because the rest of the family are pretty usless deplorables. -
off topic. But, if you want to resurrect Sunday Bloody Sunday , or Zombie (the IRA bombings in England). you might want to read the smpathies which motivated Bono & Dolores O' Riordan, to write those songs. They are/were completely against civilians being killed in war as are most in the Republic of Irish. except for the racist comments by people like Yagoda (who is obviously from the North, which is British) .
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the Immediate Luminary Scam has made the news, again. would it not be a good idea to publicise this at AN ? I subscribe to the Post - so the latest reports came in today. the emphasis was more about the interviewer trying it out and making immediate (apparent) profits. then there are several links to YouTube pundits trying out the same ''research''. i pity the uneducated (even including the greedy) Thais, yet again.
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Tourist Found Dead Near Koh Phangan’s Hin Song Kon Store
paddypower replied to Georgealbert's topic in Koh Samui News
thanks for remembering. RIP. decency should come first, on AN. . -
Tourist Found Dead Near Koh Phangan’s Hin Song Kon Store
paddypower replied to Georgealbert's topic in Koh Samui News
TIT explains all transgressions of logic and common sense behavour. isn't this epaper edited before publication? -
when will you wake up to the sentiments on which the Irish position is based - the criminality of the deliberate killing of civilians in war Hamas fits that definition for sure. Why should Isreal get a free pass? Isreal military bombs the jejasus out of women and children. ( conservative estimates put the numbers killed, in Gaza,, by the Isreali military in the past 12 months at more than 6,000 women and 11,000 children). if that does not float your boat, the concept of bombing a civilian population into eternity, (a significant % of whom do not support Hamas) in order to get revenge on the Hamas army of, what 15,000 - 20,000 should do so. It strikes me as inhumane. then again the popular terms for Arabs used by Isreal are ''dogs and subhumans. for transparency I'm Irish born and proud of what my country stands up for - the dispossessed.
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Swiss Tourist Attacked by Local Youths in Pattaya
paddypower replied to webfact's topic in Pattaya News
you don't sound very 'nice' to me, Mal B.