Why Kamala Harris was always destined to lose

[Yumthai]

17 minutes ago, chiang mai said:

"The few people in charge make the rules in order to control the many others", 

 

If you believe that and that it's some sort of evil plan, you've got a vote, use it. Out

Regardless of being evil/good, this is just how the world is ruled since millenniums. If you're denying that, you're living in Wonderland.

Like if voting is gonna or has changed things. lol

[redwood1]

51 minutes ago, chiang mai said:

"The few people in charge make the rules in order to control the many others", 

 

If you believe that and that it's some sort of evil plan, you've got a vote, use it. Out

 

It seems some one here needs to do some research on the Illuminati......The real government above all governments....

[BruceWayne]

4 hours ago, tomkenet said:

Please keep to topic, the recently proposed change :

 Thailand to tax residents’ foreign income irrespective of remittance

 

Do we assume that the Thais will go after our tax exempt earnings in our home countries

(eg. in the UK the first (approx) £12.5K PA is untaxed)

Is the assumption they'll want to tax that £12.5K?

 

[chiang mai]

16 minutes ago, BruceWayne said:

 

Do we assume that the Thais will go after our tax exempt earnings in our home countries

(eg. in the UK the first (approx) £12.5K PA is untaxed)

Is the assumption they'll want to tax that £12.5K?

 

Yes and no. The UK personal allowance does not carry across but is instead replaced by Tax Exemptions and Deductions (TEDA) within the Thai system. For a person over age 65 years, TEDA can be a very close equivalent.

[CharlieH]

The persistent bickering and point scoring going on between the same people is becoming very tiresome.

Agree to disagree, walk away, find another topic or whatever it takes, but be warned if it persists a more permanent solution will be implemented.

[Talon]

Despite the fact that we don't know WTH Thailand will do re: taxes, I've already stopped ATM withdrawals, curtailed spending drastically and begun looking at other destinations to live for 6 months and 2 weeks out of the year. I'm not living on a shoestring, but I'm certainly not spending what was common for me every month.

 

If they tax pensions as income without regard to remittances, I'll only be living here for 175 Days.

 

And I'm sure that I'm not the only one.

[Neeranam]

8 hours ago, Foxx said:

 

You previously wrote "The only time you get benefits is if you pay into the social security system, just ;like in most countries" which is what I was responding to.

The pension is not paid from the SSF and does not require membership and fees.  To quote the ILO
 

 

UHC may be only for Thai nationals, but it is clearly a case of getting benefits without paying into the social security system.

In short, your previous assertion is wrong, and your facts about the state pension in Thailand are also wrong.

There are 3 different health systems. 

I was on Social Security because of the monthly payments I paid when working here. This is for foreigners and Thais. 

I turned 55 recently and took the one time lump sum instead of the pension, which would only have been 4,000 baht a month, which is paid from SSF. 

I opted for the voluntary payment to keep the health insurance when stopping working. This is 432 baht a month for life. 

However, I became a Thai citizen and changed to the Bat Thong, or what many still call the 30 baht health care, which is actually better than SS health care and I pay nothing. Actually, I somehow managed to get 1,500 a month from SSO. 

When I'm 60, I go to the provincial office to claim the old age pension of 600 baht a month, which is not from SSF. 

 

 

 

[Lorry]

The main benefit all foreigners here enjoy,  and that's based on taxes: you live in a more or less functioning country, with infrastructure including a legal system (laws and law enforcement) 

There are roads, you don't get robbed if you go out without your gun, there are doctors and hospitals,  there is a usable currency and there are banks, and and and... there even is a weather forecast. 

 

There are plenty of places in the world where you don't have to file taxes:

Haiti, Somalia, the highlands of Papua, Western Sudan, Antarctica, international waters...

Even Cambodia doesn't force you to pay taxes. But only one member actually moved there. He writes he is happy there. Most of the others prefer to stay in Thailand and complain.

(BTW half of Cambodia's formal GDP is the scam industry,  based on kidnapped and trafficked foreign slaves)

https://www.usip.org/publications/2024/05/transnational-crime-southeast-asia-growing-threat-global-peace-and-security

Edited Thursday at 04:29 PM by Lorry

[ukrules]

1 hour ago, Lorry said:

Even Cambodia doesn't force you to pay taxes. But only one member actually moved there. He writes he is happy there. Most of the others prefer to stay in Thailand and complain.

 

Indeed, down here in Cambodia things may be changing, they don't currently have a personal income tax filing method - at the moment.

They've apparently been promising to introduce something but delayed it over the years, currently delayed until the end of this year so nobody knows what will happen next year right now. My money is on another delay but who knows, or even cares
 

 

[BruceWayne]

8 hours ago, chiang mai said:

Yes and no. The UK personal allowance does not carry across but is instead replaced by Tax Exemptions and Deductions (TEDA) within the Thai system. For a person over age 65 years, TEDA can be a very close equivalent.

 

Oh well, looks like I'll be in the 179 day crew too then - most inconvenient but fk em.

[stat]

On 10/24/2024 at 8:09 PM, ukrules said:

 

Indeed, down here in Cambodia things may be changing, they don't currently have a personal income tax filing method - at the moment.

They've apparently been promising to introduce something but delayed it over the years, currently delayed until the end of this year so nobody knows what will happen next year right now. My money is on another delay but who knows, or even cares
 

 

Do you have further info on the real life Cambodia tax situation/changes? Cause in theory according to the cambodian tax laws you get taxed on your ww income instead of just the remittances like in TH.

[ukrules]

42 minutes ago, stat said:

Do you have further info on the real life Cambodia tax situation/changes? Cause in theory according to the cambodian tax laws you get taxed on your ww income instead of just the remittances like in TH.

 

Well that's what I thought, but it turns out they don't have much, if anything in place for personal income tax at all.

 

See this : https://kpmg.com/kh/en/home/services/tax/person-incom-tax-services.html

 

It's either done through a company or withholding tax and they currently don't accept PIT filings direct from the public.

 

Also capital gains tax has been postponed until the end of 2024 which is ok for me this year. Next year is anyones guess.

[stat]

Pretty amazing that they do not accept PIT declaration while having a ww income taxation in place. Problem is that they have no US CAMBODIA DTA in place so one would pay 30% WHT on US dividends if residence is delared correctly.

[ukrules]

4 hours ago, stat said:

Pretty amazing that they do not accept PIT declaration while having a ww income taxation in place. Problem is that they have no US CAMBODIA DTA in place so one would pay 30% WHT on US dividends if residence is delared correctly.

 

That's how it is right now, there is no formal way to declare foreign earnings on a personal level unless you're an employee in which case it's handled by the employer, if you have your own company then you can do it that way through an accountant.

 

They do plan on changing it, but starting such a system from scratch isn't as easy as they would like it to be.

They should start small and introduce it gradually over a number of years otherwise they will go from never having had this type of tax collection to having potentially millions of people in the net who weren't before and that would simply fail to work - hence the postponement.

Edited 3 hours ago by ukrules

[MartinBangkok]

On 10/24/2024 at 11:28 PM, Lorry said:

The main benefit all foreigners here enjoy,  and that's based on taxes: you live in a more or less functioning country, with infrastructure including a legal system (laws and law enforcement) 

There are roads, you don't get robbed if you go out without your gun, there are doctors and hospitals,  there is a usable currency and there are banks, and and and... there even is a weather forecast. 

 

There are plenty of places in the world where you don't have to file taxes:

Haiti, Somalia, the highlands of Papua, Western Sudan, Antarctica, international waters...

Even Cambodia doesn't force you to pay taxes. But only one member actually moved there. He writes he is happy there. Most of the others prefer to stay in Thailand and complain.

(BTW half of Cambodia's formal GDP is the scam industry,  based on kidnapped and trafficked foreign slaves)

https://www.usip.org/publications/2024/05/transnational-crime-southeast-asia-growing-threat-global-peace-and-security

Thailand has a legal system? And law enforcement? 

 

Which alternative universe do you live in @Lorry?