
paddypower
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Everything posted by paddypower
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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. -
impressive research. but your logic is flawed and worse - you do not propose a solution - just attack the Irish led attempt to deal with ALL attrocities. Muslims have been killing Muslims, like for ever, due to the major division in Islam, between Shiite and Sunni followers. Assad is a Shiite. so they killed 600,000 'non-believers' nothing to do with Ireland or 'these other people' you want to target. Roghingya are Muslim and were massacred by the junta representing extremest Buddhists
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Dipped below 800k for money in bank method
paddypower replied to DrJack54's topic in Thai Visas, Residency, and Work Permits
we had a new arrival plus his new gf visit us (to welcome them to the area). I suggested using a land holding company, to hold the land he was proposing to buy and subdivide - prime land. his response was a casual ''naw - i trust her with my life' . we're talking about an online gf from 3 months earlier. I often wonder, do many arrivals leave their mental facilities at home, when they move to Thailand.? good to know, they're still together. the kicker - we didn't get invited to the wedding. 555 -
Dipped below 800k for money in bank method
paddypower replied to DrJack54's topic in Thai Visas, Residency, and Work Permits
Some people. maybe he is one of 'the elite' ? 555 -
how about the concept of sharing your good fortune?. sell some and give it away to charities. our good fortune was living at the beach and surviving the 2004 tsunami. the other good fortune was making money on crypto - we give some of it away. '' a shroud has no pockets''
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same same. a buddy from Dublin recommended it,, at 30 cents, 50 cents etc. I did not inhale.
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Thai Tax Strategy Revamp: VAT Hike, Income Tax Cuts Proposed
paddypower replied to snoop1130's topic in Thailand News
Borrocks......I just went to Makro yesterday and discovered that the import duty on wine had been reduced, resulting in a approx. 10% decrease the retail prices (of wine, anyway). -
What’s Better: Cisgender or Transgender Thai Women?
paddypower replied to 123Stodg's topic in ASEAN NOW Community Pub
''White Dogs Matter'' .........another Thai spelling error? 🙂