Two teenagers drown off Koh Samui
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46
Trump Shrugs Off Potential EU Ban on U.S. Food Imports
Of course. To start with, it's not good for his business in China as the government can easily retaliate against it. Then there is the production in the U.S. I would not be surprised if it uses parts produced in China or elsewhere. Finally, the boycott of Tesla has already de facto started and will certainly gain momentum in countries affected by Trump's tariffs. -
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Tax IBKR
Yes I understand, that's why I'm trying to figure who do I report in this situation. I am ONLY a Thailand resident now, non-U.S, non my home country anymore. But I am NOT planning to bring the funds into Thailand, but into a wise account, then probably to my family in my home country (but I'm not a resident anymore so I'm not suppose to report to them either). So i'm not sure who do I report in my situation, before I consult with an attorney I'm trying to learn from others experience. -
37
Taiwan Labels Thailand as High-Risk Travel Destination
You are funny. You follow your masters from Mainland China in every sentence - and then you say mainlanders are too stupid to develop a good business idea by themselves? -
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Tax IBKR
At this moment in time, the only "tax event" you need to be concerned about is money remitted into Thailand. How you report the remittance depends on the "source" of the funds. If the funds were entirely from profit, then the amount remitted to Thailand would be considered subject to Thai "income tax". If you are a US citizen, like me, you will need to report your trading profit/loss on your US tax return. If you have paid taxes on any moneys you remit to Thailand, then you need to refer to the DTA for your country. For example, as a US citizen, if I remit to Thailand, and owe taxes on the remittance, I can deduct the taxes already paid to the US treasury. You mention using Wise. However, this does not eliminate your obligation. It merely suggests that you could possibly "hide" it. Not a solid long term strategy IMHO. -
246
Updates and events in the War in Ukraine 2025
As anticipated, it's open bar for Putin!- 1
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43
Cyber Security Experts Claim Musk Hacked the Election
You know full well that the FBI needs a judge decision to communicate about Grand Jury evidence. You should blame the looser Giuliani. He had the laptop content for about one year and released it only a few days before the election, and only to the NYPost. It's obvious that he wanted to defame Biden without leaving any time for analysing facts. He tried to be a smartass and failed (again). So it was about trusting Giuliani or not. No one knowing his pedigree would have trusted him. I see you also consider that Trump could not have won on his own merits and needed to smear Biden in order to avoid a loss!- 2
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