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54
Community Coffee Shop Seeks Cyclists After Accidental THB 22,150 Payment for THB 221 Coffee
perhaps. But one has to ask themselves why the customers were not told of the overpayment when showing their transfer to the shop cashier? Every time I have had to make a payment using transfers with QR code and entering the amount the shops always insist on seeing the transfer approval. As well as checking their own banking for a message of the payment amount being received. -
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Crime Dispute Over Payment Ends in Violence Between Sri Lankan & Transgender in Pattaya
You must be living a very isolated life. The quality of the ladyboys/transgenders here, are not on a level that you must check genitals to confirm it´s a man or a woman. -
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Community Man Mauled to Death by Dog in Surin Province
No doubt the beast will not be put down and they will look to rehouse it. The owners should be prosecuted for manslaughter, if the stinking mutt even has one. -
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Subdivide, build and sell and repeat: best way to minimise tax
Initial advice from legal FYI for anyone following thread Below are our initial observations based on your notes 1. Individual / Company Structure Individual ownership (via your wife) is more simplified. However, if multiple villas are sold over time, the Revenue Department may treat this as a business, triggering Specific Business Tax (3.3%), withholding tax, and income tax, even though held in indiviudal’s name. Company ownership allows better tax planning, especially for recurring sales. You can deduct actual expenses (landscaping, build cost, interest, etc.), and only pay corporate income tax (20%) on net profits. However, annual accounting, audits, and compliance costs (approx. THB 50,000 per year) must be factored in. 2. Tax Efficiency and Sale Strategy Regardless of structure, some cost efficiency can be achieved by structuring sale contracts to allocate transfer taxes and duties to the buyer (common in the property market). We can advise on how best to draft these terms to remain enforceable and market-acceptable. If this is a one-off sale, selling under your wife’s name may suffice. If you aim to sell multiple units over time, establishing a Thai company early on (before subdivision or construction) is likely to result in better long-term efficiency and fewer tax risks. -
1
Crime Illegal Nightclub Raided in Kamphaeng Saen: Underage Patrons, Loaded Firearm & Drugs Found
That's a serious "illegal" disco! Of course, it was never noticed before and it's not an over night set up....!
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