Noodle Seller in Nonthaburi Under Scrutiny for Gold Purchases

[snoop1130]

 

A noodle seller in Nonthaburi, who recently expressed his interest to buy more gold jewelry already owning more than 40 baht of gold, has triggered a debate on social media regarding the earning capacity of his business amidst a struggling economy and soaring gold prices.

 

The businessman, Rangsan Suwannason, owner of Hong Te Noodle shop, situated in front of Krisada Nakorn Village on Chaeng Watthana Road, has gained considerable attention due to his prosperity. Many are curious about how a noodle shop can be so profitable to afford such extravagance. This intrigue has now attracted the attention of local tax collectors.

 

On August 25, local tax officials revealed their plans to look into Rangsan’s earnings and cross-check if he has been keeping up with his income tax obligations. To estimate his earnings, they will examine the average daily customer visits, compare his income against his expenses, hence avoiding the old-fashioned means of counting noodle bowls.

 

With numerous noodle sellers on Chaeng Watthana Road and stretching to Pak Kret, the authorities noticed that no other noodle business has reported such immense profits. This inconsistency led to speculations that Rangsan might have additional income sources or other business undertakings.

 

The tax department will run an on-site scrutiny to estimate the shop's income after expenses. This will involve questioning and evaluating daily customer counts to certify the shop’s revenue, and to ensure Rangsan’s tax payments are accurate and aren't overdue.

 

While Rangsan’s tax data are private and won't be made public, this incident underscores the significance of small business triumphs meeting tax obligations, especially when such victories become publicly well-known.

 

It is crucial for all business owners to keep clear and precise financial records to avoid potential legal challenges.

 

File photo for reference only

 

-- 2024-08-26

 

 

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[brianthainess]

4 minutes ago, snoop1130 said:

To estimate his earnings, they will examine the average daily customer visits, compare his income against his expenses, hence avoiding the old-fashioned means of counting noodle bowls.

Say what ? they 'used' to just count the bowls really ? what about takeaways ? Thailand never ceases to Amaze me. Amazing Thailand..............

[Bday Prang]

28 minutes ago, snoop1130 said:

It is crucial for all business owners to keep clear and precise financial records to avoid potential legal challenges

 Braggers beware !!    It would  appear that it is  unwise  to make exaggerated  claims  regarding ones own wealth when bigging oneself up on social media. Better to say nothing

  I seriously hope non of the TRD read any of the tax related threads on this forum ,  The rubbish being spewed out by a few self appointed tax experts might give them some ideas.  Why can't these people just keep their fears and ideas to themselves instead of broadcasting scaremongering rubbish which they claim to be facts?   Again, better to say nothing

Edited August 26 by Bday Prang

[Jenkins9039]

51 minutes ago, snoop1130 said:

 

A noodle seller in Nonthaburi, who recently expressed his interest to buy more gold jewelry already owning more than 40 baht of gold, has triggered a debate on social media regarding the earning capacity of his business amidst a struggling economy and soaring gold prices.

 

The businessman, Rangsan Suwannason, owner of Hong Te Noodle shop, situated in front of Krisada Nakorn Village on Chaeng Watthana Road, has gained considerable attention due to his prosperity. Many are curious about how a noodle shop can be so profitable to afford such extravagance. This intrigue has now attracted the attention of local tax collectors.

 

On August 25, local tax officials revealed their plans to look into Rangsan’s earnings and cross-check if he has been keeping up with his income tax obligations. To estimate his earnings, they will examine the average daily customer visits, compare his income against his expenses, hence avoiding the old-fashioned means of counting noodle bowls.

 

With numerous noodle sellers on Chaeng Watthana Road and stretching to Pak Kret, the authorities noticed that no other noodle business has reported such immense profits. This inconsistency led to speculations that Rangsan might have additional income sources or other business undertakings.

 

The tax department will run an on-site scrutiny to estimate the shop's income after expenses. This will involve questioning and evaluating daily customer counts to certify the shop’s revenue, and to ensure Rangsan’s tax payments are accurate and aren't overdue.

 

While Rangsan’s tax data are private and won't be made public, this incident underscores the significance of small business triumphs meeting tax obligations, especially when such victories become publicly well-known.

 

It is crucial for all business owners to keep clear and precise financial records to avoid potential legal challenges.

 

File photo for reference only

 

-- 2024-08-26

 

 

Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe

Wanna spend some time looking at my old pool girl, she was earning about 25,000-30,000 a month, and never paid a dime in tax.

[Peabody]

He can just say a now dead friend loaned him the gold.

Jesus F Christ, they examine a noodle seller's wealth, but the obvious corruption by virtually every official doesn't draw scrutiny? <deleted>.

[Keeps]

Perhaps he charges 500 baht for a bowl of chicken noodle soup.....

[hotchilli]

12 hours ago, brianthainess said:

Say what ? they 'used' to just count the bowls really ? what about takeaways ? Thailand never ceases to Amaze me. Amazing Thailand..............

That's why Thailand is in such a mess...

[jippytum]

AMLO  The anti money laundering people would be better employed ivestigating than local tax officials counting bowls of noodles

[BKKBike09]

Another fool over-sharing on social media. Once the RD are done with him, he can look forward to a visit from a local burglar.

[ignore it]

It's the nail that sticks out that gets the hammer.

Edited August 27 by ignore it

[john donson]

noodles or meth ?

[connda]

Advertise your "wealth" by wearing bling-bling, suffer the consequences.  Personally I wouldn't be adorning myself with gold bling while selling noodles.

[NativeBob]

Noodle shop owner opposite Chula has nice house at Sukapiban 4 estate. 

Noddle shop in China Town owner sent her 4 kids to study abroad and paid their expenses for 3-4 years. 

Such stories are endless. Noodles rule the world!