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Latest posts...
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10
Trump Pledges to Restore Free Speech, Labels 'Fake News' a Threat to the Nation
I guess in Trumpworld, free speech entitles you to defame judges, court officials, witnesses and jurors. Then stand back when your more deranged supporters act on what you say. The sooner this grub is locked up and starts on prison food, the better for America. -
2
PM Paetongtarn to Conduct Weekly Progress Reviews
That might bite her in the rear -
14
3rd assault brigade 2nd foreign legion needs you!
thank you and thank you for the support.- 1
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Plumber wanted
Does anyone have any recommendations for a plumber in the SanKamphaeng area? Thanks Dan -
11
Keir Starmer Condemns Conservatives for Leaving NHS in "Unforgivable" State
Of course it is directly comparable, it's just that the undeniable truth is that Labour are better suited to opposition where they can do what they do best (whinge and complain) as they have no clue how to actually deliver on anything. Don't worry, the graphs will equalise as Labour gets it's grubby hands on the NHS and somehow managing to increase its funding and deliver worse outcomes, especially as Starmer is doing his best to ensure the NHS has it's busiest winter since Covid with all the potential hits on the elderly coming up. -
3
Paethongtarn Govt Expected to Last Full Term, Poll Indicates
I see the garment factories have been busy already -
50
Temu vs. Lazada for Online Shopping Bliss?
It was founded by a German guy in 2012. Bought out by Alibaba. HQ in Singapore. https://en.m.wikipedia.org/wiki/Lazada -
24
Trump shows why he's unfit for office
Yes, those are mail-in ballots. Some states mandate that mail-in ballots can't be counted until the day of the election (so there were a lot of votes to count). Trump scared his followers into not voting by mail so most of those mail-in ballots were for Biden. It's just the normal election process of counting votes. -
14
Man Rescued After Being Trapped in Elevator for Two Hours Due to Power Outage During Storm
Shades of the movie, “Hangover II” … -
580
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
This is for USA people. I rely exclusively on savings/dividends/capital gains and am not yet eligible to use a pension/social security/IRA. If implemented, the worldwide tax scheme would be a significant additional expense. I keep my money in the U.S. and send only what is needed here. So I asked Perplexity AI: How would Thailand have access to my USA financial data if the USA does not participate in the CRS? Answer Thailand would not have direct access to your U.S. financial data since the U.S. does not participate in the Common Reporting Standard (CRS). However, there are a few ways Thailand could potentially obtain information about your U.S. assets. Reporting Requirements for U.S. Citizens: As a U.S. citizen, you have certain reporting obligations to the U.S. government, regardless of where you live. This includes: Foreign Bank Account Report (FBAR): If the total balance of your foreign bank accounts exceeds $10,000 at any time during the year, you must report them to the U.S. Treasury Department. Form 8938: If you have specified foreign financial assets that exceed certain thresholds (e.g., $200,000 on the last day of the tax year or $300,000 at any time during the tax year), you must report them on Form 8938 filed with your U.S. tax return. While the U.S. does not share this information with Thailand directly, the IRS could potentially share it with Thai authorities under certain circumstances, such as a tax treaty or agreement. 🤣Voluntary Disclosure of Information🤣 You may voluntarily disclose information about your U.S. financial accounts to Thai authorities if required for tax purposes in Thailand. However, you are not obligated to do so unless Thai law specifically requires it. Requests for Information: Thai authorities could request information about your U.S. financial accounts from you directly or from U.S. financial institutions under certain circumstances, such as a tax investigation or treaty request. However, the U.S. may not always honor such requests, especially if they are overly broad or lack sufficient justification. In summary, while Thailand does not have automatic access to your U.S. financial data due to the U.S. not participating in CRS, there are still some ways Thai authorities could potentially obtain information about your U.S. assets. It's important to consult with a tax professional to ensure you are meeting your reporting obligations in both countries. 👉 My take? Don’t ask, don’t tell. Still undecided about filing a tax return but if push comes to shove, I will. -
13
Do You Believe: Next year, and the next, will be HOTTER than 2024?
You will be dead for 200 years before it is a problem. -
14
Man Rescued After Being Trapped in Elevator for Two Hours Due to Power Outage During Storm
All's well that ends well. -
13
Do You Believe: Next year, and the next, will be HOTTER than 2024?
+0.5c over 140 years doesn't seem significant to me. Not to mention the accuracy of a guy in 1880. Back in the UK I'd want it 5-10c hotter, before I considered going back, at this rate it'll be another 2000 years!- 1
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17
Passenger Criticizes Thai Airways for Stranding Over 30 People at Arlanda Airport
Done this many times and you'll usually find that the first plane gets in much earlier than scheduled and even if they come in on-time/slightly late they will hold the connecting flight. -
580
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
Though many expats here may have been required to get a Thai tax ID and to file tax forms here (after becoming a Thai tax resident have not paid income taxes here previously as that was a"gray" area, they may be required now if they have assessable income to get a TIN and file taxes. If American, you already should have been filing for US taxes so you might check the DTA to see if any of your income is currently non-taxable in Thailand. If you do have assessable income in Thailand, you may have to pay some Thai tax if it is more than that taken out by the US....i.e. US tax rate is 10% and Thai tax rate on the amount is 15% then Thailand could charge you for 5% of that amount. There are still some countries (for example - the Philippines does not charge retirees on their income/pensions while other SEA countries are doing the same as Thailand for the future. Very complicated and at this moment while one might think about it, we wait for the final forms to come out and the finale judgement of the Revenue Department for this year only on remittances. This new scheme may never come to fruition especially in the short term.
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