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jayboy

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Posts posted by jayboy

  1. 13 hours ago, oldcpu said:

    If one already has a LOT of savings in Thailand, one could easily go for years and never bring money into the country

     

    Yes, but if I understand the position correctly the savings do not necessarily have to be retained in Thailand.Thus if one remits funds that were accumulated before 31.12.2023 (and can prove it) then this is not assessable income and not subject to tax.Isn't that correct?

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  2. 1 hour ago, chiang mai said:

    But the important change that took place last year is the reinterpretation of the overseas remittance rules, that is not a proposal, that is a done deal and has been in effect since 1 January this year. It is that rule change that will force many foreigners in Thailand who are tax residents, and who remit income above a certain level to Thailand each year, to potentially file a tax return.

     

    I think that sums it up accurately and concisely.

     

    My one question would be to ask what is meant by "to potentially file a tax return." Given the criteria you outline surely these foreigners must file a tax return?

     

    And just as a comment on the Integrity Legal video, I'm not a great fan of these videos.The American lawyer seems to know his stuff but he is too impetuous for my taste.I like my legal (and tax) advice to be cool, measured and thoughtful.

    • Like 1
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  3. 11 minutes ago, fredwiggy said:

    You can buy good bread almost anywhere in even smaller cities, because they have bakeries with ancestry from Europe

     

    Agreed but it is not the norm. Furthermore your suggestion one should make one's own bread rather proves my point - American manafactured bread generally is putrid.

     

    By allergic to carbs I was introducing a tiny morsel of European irony.As in most places the rich and fashionable in America are not generally obese because they try to avoid carbs like bread - though I suppose they rely more on Ozempic these days.You don't see many fatties in the better parts of NY or LA - except in Subway of course.

  4. 10 minutes ago, fredwiggy said:

    everyone I know in the US loves the breads there, as they're as good as anywhere.

     

    Sadly that is not the case.Of course decent bread can be purchased mainly in the larger cities where European influence can be traced.I have myself have brought excellent bread in Boston.But it's the exception.Most Americans eat rubbish bread,

     

    https://www.greenlifephilosophy.com/what-is-wrong-with-bread-in-america/

     

    Of course sophisticated Americans in NY and LA often don't eat bread at all being allergic to carbs, unlike the generously built patrons at Subway.

  5. 10 hours ago, webfact said:

    Subway Thailand clarified that the complaints originated from customers who visited locations that had their franchise rights revoked as of 26 July 2024. They advised customers to check for the store number and franchise logo before ordering to ensure they are receiving food made with approved ingredients and standards.

     

     

     

    Are they having a laugh? This is epic trolling.

     

    I have never been in a Subway or tasted one of their products in my life.I'm not sure exactly why but I instinctively understood it would be a disgusting experience.

    • Heart-broken 1
  6. 1 minute ago, Eloquent pilgrim said:

    But on the fraught issue of sex and gender, her position is not, in the main, out of step with the public and she may be able to embarrass Starmer, who has in the past shown bewildering levels of prevarication on whether biological sex matters when it comes to single-sex services, sports and spaces”

     

     

    Correct but in my opinion she will reverse away from culture war stuff which doesn't have all that much resonance with the voting public outside the politically engaged.

     

    My feeling is that she will concentrate on the economy and Labour's effort to crush initiative, play class warfare, increase taxation and enhance the role of the state.If Labour in its first term manages to improve public services so that voters actually notice then they will be able to marginalize Badenoch and the Tories once and for all.They will however also need to reform the NHS to bring it in line with European models through private sector/insurance based funding.The fools who claim "our NHS" is the envy of the world are liars.It is not.

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  7. 31 minutes ago, Chomper Higgot said:

    Lots of claims there of who holds what opinions but oddly no sources to back your claims.

     

     

     

    If you are not aware of the debate in the Labour Party on the subject of Badenoch, it's not really for me to educate you.Nevertheless as a courtesy to other members - not committed to lazy group-think - herewith an article (before Badenoch's victory) from the left leaning Guardian which gives a flavour of the discussion.

     

    https://www.theguardian.com/commentisfree/2024/oct/13/kemi-badenoch-tory-leadership-contest-labour

    • Thanks 1
  8. 5 hours ago, Chomper Higgot said:

    Utter nonsense, she’s a gift to Labour and the Lib Dems.

     

    According to many sources, that's exactly what the dumber unreflective voices in the Labour Party believe to be the case.To be fair it is also the unofficial Labour Party 'point to make'  and is sometimes heard even from those who don't really believe it.

     

    The upper levels and more intelligent people in the Labour Party think quite differently, and consider she could be extremely awkward for Starmer in PMQ and elsewhere.It's not easy to dismiss an intelligent combative black woman and she has the ability to exploit the current government's many weak points.In my view she is not a serious threat given the Tories' need to rebuild not to mention the government's large majority.But despite the parliamentary strength support for Labour is very shallow.Badenoch will be no pushover.

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  9. 1 hour ago, transam said:

    Because it also says cannot be used outside the issuing area, which is why you cannot use it as ID proof outside that area....😉

     

    When the sun finally explodes and destroys the universe we know, we will finally hear no more from those who agonize about the Pink Card and wonder why it can be used throughout Thailand notwithstanding the weird restrictive wording on the back.

    • Agree 2
  10. 58 minutes ago, NanLaew said:

     

    Yes, some have said in other threads that it was accepted by their bank without much clarification.

     

    My experience, with an Udon Thani-issued PID, it wasn't accepted at the Pattaya branch of Bangkok Bank where I was doing a transaction on my personal account held at that branch. It had to be my passport.

     

    With regard to applying for finance in my name, both the YB and PID were copied, but this was purely a belt-and-braces approach for proof of address in addition to my Thai DL. They love their copies here, and that is empirical!

     

    I was only referring to Pink card acceptance by 5 star hotels.I still am (mildly) interested in knowing whether there are 5 star hotels which do not accept it and insist on passport.

    • Haha 1
  11. 5 minutes ago, oldcpu said:

     

    I don't think it has to.

     

    I suspect if one applies for a TIN and does not tell the RD that one has a yellow book/pink-ID, one might be given a different TIN (assuming one meets the RD criteria for issuing a TIN).

     

    But I believe if one advises the Thai RD that one has a yellow-book/pink-ID, they will then ensure that they are the same #.

    .

     

    Noted.For Permanent Residents (PRs) the number is always the same whether Blue Tabien Baan, Pink Card or TIN.

  12. 53 minutes ago, oldcpu said:

     

    I was pressured for a Thai tax ID#by my overseas bank/trading accounts.

     

    I provided them my Thai Pink ID# with a caveat that it was not yet activated as a Thai tax ID #. 

     

    They accepted that (so far).

    .

     

    That seems a very sensible approach.Actually in your position I might have been tempted to withhold the activation caveat, but on reflection your transparency is the best policy.

     

    I didn't know the Pink card number became the TIN for all expats.

     

     

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