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Tim Newton Today - Nov 21: Heavy rain for Thailand, flesh-eating scorpions? Search for Thai natural gas
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397
Don’t kill the golden goose! Tax reforms may drive away expats
You missed the point. The IRS provides for certain allowances and deductions, as well as special rates on specific types of income, that Thailand does not recognize. Forget the 'taxable' amount after Thai deductions and allowances. This is about total assessable income. Assessable income under worldwide taxation will be all your income streams, disregarding IRS deductions and allowances. The DTA may cover certain types of pensions, but it does not include the IRS standard deduction, it does not include offsetting losses against gains, and it does not include IRS tax brackets on particular income streams. MY annual return ($0 due to IRS on $15K interest/dividends and $45 LTCG) will result in a $10,000 tax liability to Thailand on 2 million baht income, every year, with zero tax credit on my US return. That's assuming no losses were taken against capital gains, in which case the tax bill increases. Your kilometerage may vary. -
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Everyone seems to forget...
There are two methods to satisfy financial requirements for extensions from a non O based on retirement and marriage. One is "funds in bank method" The other is "income method" Income method can be used both with embassy letter and without.. The only issue for folk without embassy letter you need to show 12 months of transfers already in bank account to do extension based on retirement (or marriage) UK, USA, AU citizens used income method. This is discussed often. In fact I'm currently changing from funds in bank to income.. In November I will show immigration that I BOTH satisfied money in bank method and ALSO 12 monthly transfers. Ongoing will be using income method. Meaning to maintain funds in Thai bank account. My reason (off topic) is to have zero funds tied up in Thailand to avoid providing WILL to make things easy for long term partner. -
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Pager Explosions in Lebanon Target Hezbollah Members 9 Dead Thousands Injured
I seriously doubt a territorst is going to share his only means of communication for their activities with non terrorist. Think about what your saying as the two scenarios are markedly different -
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Are these people stark raving mad?
The worse kind imaginable and if Trump takes power again it's probable that clearly rapidly deteriorating Trump won't make it through his term. Red Alert! Danger Will Robinson! -
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Small Claims Court
I'm not sure it needs to for a contractual dispute. I'm thinking it would be more like just handing over the contract and the judge takes it from there requiring proof of payment or hearing a defense against it. -
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Are these people stark raving mad?
Vance made a point of saying it was fine to lie if it was in a good cause, like winning the election. My jaw fell on the floor. Just what kind of a cxxx is he? -
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Teamsters’ Neutral Stance: A Blow to Harris and a Challenge for Trump
NATFA was replaced by USMCA on 2020 by POTUS Trump. It didn't change Mexican and Canadian truckers from crossing the US border under NAFTA. Since the carrier nationality wasn't changed to solely US, it kept a status quo for US Union truckers. -
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Stealing a Federal Election
MAGAs claiming they don't need evidence! Who is surprised? 😀 -
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The annoyance of the ++ prices
In many establishments, there's a tip box on the counter somewhere. It's highly visible (try running off with it!) and maybe the best place to anonymously or otherwise drop your 20 THB note. If I tip a masseuse I'll always give it to her personally, er, I mean the tip. And so on.- 1
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Israel Shifts Focus to Northern Front as Walkie-Talkie Bombs Signal New War Phase
When the Israelis try to turn the "Al Aqsa Mousqe" being espoused, into a Synagogue, we have reached the end of times. You will not find any stand down by Egypt, Kuwait and Saudi Arabia, Jordan, Lebanon, Iran, Iraq, Qatar,Turkey, Bahrain and Oman. Many of these countries have advanced USA/UK supplied advanced armaments. -
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Starmer Asserts Control Amid Internal Turmoil Over Sue Gray’s Salary Dispute
In this he is greatly assisted by Foreign Minister David Lammy.- 1
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Pedestrian Struck on Crossing by Motorbike: Suffers Broken Ribs and Ruptured Spleen
He got five years and one month and a B4000 fine. -
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Starmer Asserts Control Amid Internal Turmoil Over Sue Gray’s Salary Dispute
You are quite right. They have no shame, no morals, no honour, no integrity, so they are hardly going to ungovernment themselves*. *applies to Conservatives too, it's kinda a politician thing.- 1
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