CAAT updates requirements for domestic flight passengers to Phuket
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3 ways to make TV/AN a more pleasant and more useful experience
I have blocked about 80-90% of the most frequent posters. On the Chiang Mai forum: over 90%. -
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Thousands flee three LA wildfires as forecasters warn worst is yet to come
Fires caused by arson increase every year and that won't help. -
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
Thanks........found it. So a bit of a conversation ensues and whether the lights came on and she finally grasped it, or she now wanted rid of me I have no way of knowing. She then put the total figure in box 1 into box 2 and a 0 in boxes 17, 19 & 20. Box 2 is exempted income for Section 2, line 6, which is the total of 5 types of exempted income (actually should be considered allowances or deductions), all exclusively related to Thai salary: 1. Provident fund contribution 2. Government pension fund contribution 3. Private teacher aid fund contribution 4. Income exemption (disabled or over 65) 5. Severance pay under labor law That confirms she was just pulling it out'a her behind to get rid of you! She subtracted your pension, but did not revise the other lines, still showing you had a tax due of 26,500 with matching taxes withheld. But I see this was just a worksheet, not an actual paper return. The numbers from blocks 1 and 2 would be transferred to the PN91. Yet line 2 does not apply to foreign pensions. No other office or officer will do this for you on a return, as you have to provide evidence for he exemptions. Try this trick online and you'll have to provide proof, or explain in a personal interview. Or pay the tax. -
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Any Predictions for 2025 guys ?
According to Jim Rickards: "1. MARKET MELT-UP. Markets are at or near all-time highs based on every available metric: P/E ratios, CAPE ratio, market cap/GDP ratio, concentration risk, etc. This is accompanied by indexing, investor complacency and analyst euphoria. When such conditions have existed in the past, they have always been followed by market crashes of 50% to 90% unfolding over several years. Examples include Dow Jones (1929), Nikkei (1989), NASDAQ (2000), and S&P 500 (2008). "We are now positioned for an historic crash. The specific cause does not matter - it could be war, natural disaster, a bank or hedge fund collapse or another unexpected event. What matters is the super-fragility of the market when the trigger is pulled. This is why Warren Buffett has over $300 billion in cash and why central banks are buying gold. Prepare now. Don't be the last one to know. "2. A U.S. RECESSION IS COMING. There are ample signs that the economy is headed for a recession … . "3. CURRENCY WARS ARE BACK, AND TRADE WARS ARE COMING. … . -
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British tourists’ speedboat crashes into Thai mangrove forest - video
Wait till they get nuclear -
604
Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
I don't think that the information shared under either FATCA or CRS would drill down to the level of the makeup of remittances. My understanding is that the relevant reports exchange information on account balances and interest/dividend income paid by the financial institution that holds the account. Seeing a large account balance on a FATCA/CRS report may cause a tax authority to take a closer look at the account and the sources of those funds via an audit, however. I don't think these reports drill down into the nature of deposits/withdrawals/remittances, etc, so FATCA/CRS would be of limited use to Thai tax authorities when it comes to remittances. It would be up to the Thai tax authorities to make inquiries based upon information that either the taxpayer or the local bank provides. I admit I may not have the full picture, so anyone with more complete information, please advise.- 1
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
Read this carefully How does a Wise transfer / other platforms available, into a Thai bank account prove that the remittance is not involved in tax evasion and is tax compliant ? Do you really think that a " It's all kosher guv, honest " is suitable for compliance with an international agreement ?
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