OneZero

Is it 3 max per chanote?

Call Fon at Santisuk Cat Foundation Doi Saket:  081-638-2105. 

She has many looking for homes & the kittens frequently get special treatment in her bedroom as they grow up.

So now we have to make another visit to Immigration.  I wonder what the fine will be for not being there within +- days of the date stated.  Yes, Thai Immigration is a bloated make work bureaucracy they want the farang to pay for.

33 minutes ago, Mapguy said:

.......  And I hardly think that a telephone inquiry to an IRS representative of the first instance answering the phone is equipped to answer effectively.

Agree.  Your likely to get an answer that would NOT hold up to higher level scrutiny.

Also, this is not an instance where one should ask an intentionally biased question or present only a portion of all appropriate background / references.  

Good question ganb00ler: "Do you have any idea how I could follow up with the IRS to see if Carden's method has been determined to be legal?"

How do we get an official answer?  Who to contact at the appropriate level at the IRS?

I would like to see JimGant continue to argue his points on the internet, if for no other reason than to see the counter argument reply.  JimGant's points appear to me to be well founded, so why should his experience not be continued?  How about Mr Cardon? I would also like to see him put in writing here, his possible rebuttal to JimGant. 

Come on Mr Cardon show us the error in JimGants arguments. 

If Cardon is correct we should spread the word to all our friends in the US that if they anticipate an IRA withdrawal they should spend at least 6 months a year in Thailand, and they will not have to pay any US tax on it.  

52 minutes ago, cardinalblue said:

Annual, 4 90 days TM 30s and re-entry permits....

 

i don’t think it’s once a year....

It's a damn "make work" bureaucracy that they want farangs to pay for.

Quote JimGant: "However, due to the savings clause, you also have to declare your IRA proceeds in a US tax filing. But, you get a tax credit for every baht you paid to Thailand; thus, if those taxes were more than what the US requires, you pay zip to Uncle Sam -- the savings clause takes nothing away from the treaty's intent of avoid double taxation."

"Tax treaties were never meant to provide an expat with paying no taxes -- their main intent was to prevent double taxation"  "-- to make sure expats are either paying their mother countries, or their new resident countries. No more free lunches, offered by countries trying to attract particular types of expats by ignoring their exclusivity clauses in tax treaties. The US, with its savings clause, already guards against this -- "

Quote jeffandgop:  "The treaty defines the right to tax pensions to be Thailand's only."

My comment:  I cannot agree with jeffandgop's personal interpretation of the savings clause.

I don't believe the USG  would be so stupid as to allow a 180 day+ retiree to claim the right to tax an IRA to be Thailand's only. 

No atm use because if you die someone else, without their knowledge can continue to withdraw funds.  If you have to show up at the bank yourself it proves you are still alive.

Perhaps ask the adult vocational school (name Wittyalai Sara PraChang?) on Huey Kaew Rd, just west of Maya,  opposite the Honda MC dealer.  They could perhaps direct you to govt help for teenagers with disability.

I thought DenHa was near or in town & Singha Park was about 10 km south of town.  Perhaps I am mistaken.

OK, so where is Eastcoast realty in Jomtien?  Got a link?  When I google I get all kinds on the east coast.

Sorry, I was going to suggest Muang Ake.  But I know there are more that others can recommend.  Good luck with your cat.

USAA related so thought it ok to copy from another thread:

OK thanks.  Any guess a s to why? Perhaps because Swift is a money maker?

Why ask so many ""why's"?  

 The 5 Whys is a technique used in the Analyze phase of the Six Sigma DMAIC (Define, Measure, Analyze, Improve, Control) methodology. 

By repeatedly asking the question “Why” (five is a good rule of thumb), you can peel away the layers of symptoms which can lead to the root cause of a problem. Very often the ostensible reason for a problem will lead you to another question. Although this technique is called “5 Whys,” you may find that you will need to ask the question fewer or more times than five before you find the issue related to a problem.

So if SSA can fix it, why cannot USAA fix it?

That is what I thought.  Terrorism funding too; as well as tax compliance.

Unfortunately for US citizens this reluctance to "Adjust" comes at exactly the Immigration is getting hard nosed on proof 65K / month.   Talk about irony or the "Perfect Storm".

Plus Plus Plus, this reluctance to "Adjust" comes at exactly the time that that  Immigration is getting hard nosed on proof 65K / month.   Talk about irony or the "Perfect Storm".

Most likely logical explanation is no enforcement during the year.  But no update of retirement visa a year later if you don't comply.  As long as it is not stated that there will indeed be enforcement during the year, it is probably safe to assume the potential problem would be when going to renew next year.  Otherwise how could they possibly say "We warned you".

Quote Pib  "The key for an ACH transfer to get thru starting 1 Apr 19 is to get thru the Bangkok Bank "New York" screening as the NY branch is the middle man/screen point for ACH transfers.   When the funds arrive/try to pass thru the NY branch their automated system screens the transfers by simply keying in on the SEC code....if that codes is "IAT" the transfer continues on to Thailand; if no IAT code, it gets rejected back to the send."  

Pib thanks for the explanation.  Now that I understand what is happening I'd also like to understand: 

1. What is USG Motivation" in the format requirement that Bangkok Bank is no longer able to avoid compliance with?

2. Following that, why cannot either:

  a. USG be able to relent a bit on what appear to us to be the draconian nature of the requirement;

  b. The US & Thai banks (in this case BKK Bk only I guess) use info we can supply for the required format?

7 minutes ago, PAWNEESE said:

I think I have read so much of these threads that Ive possibly confused myself. Sorry.

 

Im in a hotel that has no English TV,  isolated out in sticks, no bars near, and wifi not good enough for things like U tube.  I think Im on ThiaVisa overload. ????????????????????????????????.

 

Those of us from the 4 countries whose embassys are not doing income letters have to proove 65k every month comimg in from abroad. (In many many cases bleeping impossible .....)

 

ALL others just have to proove 65k income in their own countries (that wont neccessarily come anywhere near Thailand) as before.

 

Is that right ?

 

 

 

Seems so.

Deal with the devil could leave Thailand open to blackmail / pressure in future.

Do you have a reason for posting this in the relatively fewer viewers / slow moving CR forum?

If not, why not try posting in a more popular forum where more people are likely to see it.

4 minutes ago, ubonjoe said:

1. No

2. It has to be in an account in you name only. Some immigration offices though will accept a joint account if you have 1.6 million baht in it.

Thank you ubonjoe.  Just in case there may have been some uncertainty, my wife is a Thai national.

I assume that after clarifying that, your reply to question#2 would be the same (800K sole account, 1,600K joint).

If my assumption is not true, ie I would only need 800K with her name also on a joint account, please advise.  Thanks.