Its Happening - Law to Tax Overseas Income Now in Progress

[chiang mai]

5 minutes ago, Aforek said:

You don't know Thailand ! I think expats are in  a 1/1000 of Thailand, like tourists 

I live in a place, I see one farang in a month, in Big C or Lotus, and I am not an exception : did you go outside Pattaya, Pukhet, Ko Samui ...?

Colonised! The population is 70 mill., 1% is 700k, total foreign population is 4 mill so that's 5.8% at best and 90% of those are from neighbouring countries....how do you colonise a population of 70 mill with 200k or so westerners!

[mudcat]

1 hour ago, TheAppletons said:

I'm guessing you have other income not covered by the DTA?  Or are you saying your overall tax rate - US and Thailand combined - is less than 9%?

 

  Otherwise, I would have estimated your Thailand tax rate at 0% if your income is comprised solely of SS and government pensions.

I am not sure of your point.  My full SSA benefit is $26,250 and my government pension is $63,750. 15% of my SSA benefit is exempt from taxes, I receive a tax exempt $3,300 health insurance benefit and we earned $2,000 in our small investment accounts.  Our standard deduction is $30,750 for a taxable income of $57,850 on which we pay 6,500 in Federal income tax.

 

There is no Thai tax liability as most of my income is taxable in the US and have a LTR-WP visa that exempts any other US remittance's, credit card or ATM use 

[KhunHeineken]

1 hour ago, Aforek said:

You don't know Thailand ! I think expats are in  a 1/1000 of Thailand, like tourists 

I live in a place, I see one farang in a month, in Big C or Lotus, and I am not an exception : did you go outside Pattaya, Pukhet, Ko Samui ...?

I've been all over Thailand, even off the beaten track on a road / trail bike.  Seen a lot and done a lot, over many years, good and bad.   

 

What you don't seem to understand is your presence has corrupted the whole village. 

[KhunHeineken]

2 hours ago, KannikaP said:

So glad I live right in the middle.....no expat colonizers.

The "middle" is the epicenter of the colony. 

[redwood1]

From my bar stool on Soi Bukow in Pattaya I would say I see  about 75% farang and 25% Thai....

So I conclude from this the Total population of Thailand is 75% farang and 25% Thai....Case closed....

[KhunHeineken]

6 hours ago, spidermike007 said:

I do agree tourism is a bit much in some areas. But let's go ahead and count your reply as the silliest post of the day. Surely there are a lot of tourists and expats in Thailand but there are tons of areas that barely ever see a foreigner much less have foreigners that live there, and if you subtract Phuket, Pattaya, Bangkok, Samui and Chiang Mai from the equation there are many significant sized cities here in Thailand that have very few expats and very few tourists.

 

So none of us have any idea what you're talking about. 

Been a common saying for decades:  "they don't want us here, they just want out money here."  Ever heard the saying, or something pretty similar before? 

 

Tourism accounts for around 20% of Thailand's GDP.  Have you heard that, as well? 

 

Tourism is what has caused Thailand to be named "the world's brothel."  Have you heard that saying before? 

 

Those "tons of areas" don't have many Thai's, either, do they? 

 

It's difficult to find a village that doesn't have a falang living in it. 

 

Look how tourism and expats have created provincial immigration amongst the Thai workers, many heading south to work in hospitality, legitimate or otherwise. 

 

If foreigners haven't colonized Thailand, what would you call it? 

 

I will count your reply as the most naive post of the day. 

[oldcpu]

14 minutes ago, KhunHeineken said:

Tourism is what has caused Thailand to be named "the world's brothel."  Have you heard that saying before? 

 

This sort of naming tends to be up to the flavour of the axe grinder ... I have also read of many claim such about Germany. ... It often depends on which axe and where the individual is grinding.

[Aforek]

20 minutes ago, redwood1 said:

From my bar stool on Soi Bukow in Pattaya I would say I see  about 75% farang and 25% Thai....

So I conclude from this the Total population of Thailand is 75% farang and 25% Thai....Case closed....

very good point, that's why people who don't know Thailand, think it's colonized by farangs 

[KhunHeineken]

22 minutes ago, oldcpu said:

 

This sort of naming tends to be up to the flavour of the axe grinder ... I have also read of many claim such about Germany. ... It often depends on which axe and where the individual is grinding.

Hard to deny, no pun intended. 

 

Hamburg, Amsterdam etc have nothing on Bangkok / Thailand.  Both of these countries, and countless others, have Thai sex workers. 

 

Many use an agent where it's organized crime, many also use such visas as student visas, but their focus is working in the sex trade.  Do you deny this????

[KhunHeineken]

28 minutes ago, Aforek said:

very good point, that's why people who don't know Thailand, think it's colonized by farangs 

If the term for it is not "colonized" what would you call it? 

 

There's farang all over the country, many working in just about every industry here, even those reserved for Thai's, through a proxy, usually their Thai missus.

 

All those foreign factories with cheap Thai labor, with the products exported to western markets.  All those big multi-national companies in Bangkok, with the profits being sent offshore. 

 

Maybe you think farang are here to just help the Thai's.  

[oldcpu]

26 minutes ago, KhunHeineken said:

Hamburg, Amsterdam etc have nothing on Bangkok / Thailand.  Both of these countries, and countless others, have Thai sex workers. 

 

Many use an agent where it's organized crime, many also use such visas as student visas, but their focus is working in the sex trade.  Do you deny this????

 

Lol !

 

Revealing one's knowledge of the demographics of the people working the Thailand, Holland, and Germany sex trade is not a topic I would nominally touch on a forum such as this, unless I could plausibly point to some study. In general news sources tend to be unreliable/axe-grinding editorials ... so one either needs 1st hand experience or can point to a proper peer reviewed study.

 

I'll let others display their knowledge of the demographics (so one can infer from where comes their knowledge).  😄 

[KhunHeineken]

6 minutes ago, oldcpu said:

 

Lol !

 

Revealing one's knowledge of the demographics of the people working the Thailand, Holland, and Germany sex trade is not a topic I would nominally touch on a forum such as this, unless I could plausibly point to some study. In general news sources tend to be unreliable/axe-grinding editorials ... so one either needs 1st hand experience or can point to a proper peer reviewed study.

 

I'll let others display their knowledge (so one can infer from where comes their knowledge).  😄 

You seem to be one of those holier than thou posters.  Sure, you have never had a happy ending in Thailand, or done "the girlfriend experience."  What BS.

 

Yeah, I have had interactions with prostitutes in some countries around the world.  So what?

 

Have you been to Dubai and seen how many Thai women working in the sex trade there?  What about Korea and Malaysia? 

 

Not only is sex Thailand's biggest tourist attraction, but it's also one of its biggest exports. 

[oldcpu]

13 minutes ago, KhunHeineken said:

You seem to be one of those holier than thou posters.  Sure, you have never had a happy ending in Thailand, or done "the girlfriend experience."  What BS.

 

Yeah, I have had interactions ....

 

As noted in my post, revealing one's knowledge of the demographics of the people working the Thailand, Holland, and Germany sex trade is not a topic I would nominally touch on a forum such as this, unless I could plausibly point to some study. In general news sources tend to be unreliable/axe-grinding editorials ... so one either needs 1st hand experience or can point to a proper peer reviewed study.

 

This is a moderately free forum here for putting out one's opinion.  BUT on this topic, I am not going to get into debating nor discussing this with you, and I already (by inference) provided my reasons.   (Edit : and to clarify :  a very specific few words phrase in William Shakespeare's Henry IV, Act V, Scene 4 refers).

 

You are welcome to provide from where comes your knowledge, and I cast no judgement there - but given the open nature of this, its not a topic I will touch on either side of the moral equation. 

[KhunHeineken]

21 minutes ago, oldcpu said:

 

As noted in my post, revealing one's knowledge of the demographics of the people working the Thailand, Holland, and Germany sex trade is not a topic I would nominally touch on a forum such as this, unless I could plausibly point to some study. In general news sources tend to be unreliable/axe-grinding editorials ... so one either needs 1st hand experience or can point to a proper peer reviewed study.

 

This is a moderately free forum here for putting out one's opinion.  BUT on this topic, I am not going to get into debating nor discussing this with you, and I already (by inference) provided my reasons.   (Edit : and to clarify :  a very specific few words phrase in William Shakespeare's Henry IV, Act V, Scene 4 refers).

 

You are welcome to provide from where comes your knowledge, and I cast no judgement there - but given the open nature of this, its not a topic I will touch on either side of the moral equation. 

I have already said, perhaps you did not understand. 

 

Focusing back on Thailand, do you deny the huge sex trade here?  

[soalbundy]

On 9/8/2024 at 1:50 AM, ukrules said:

 

Yeah, that will keep most of going until some time in January each year.

Such a tiny tax free allowance, the whole system is a joke.

 

 

I've worked out my own tax and I tick all the deduction boxes they come to 640k Baht, I should end up paying 20k Baht tax this year, a bit more next year when I have to declare all of my pension. We shall see, it has to go through parliament first and I can imagine there are many there with large incomes sitting abroad earning them foreign income that they don't intend to bring to Thailand.

[oldcpu]

56 minutes ago, KhunHeineken said:

I have already said, perhaps you did not understand. 

 

Focusing back on Thailand, do you deny the huge sex trade here?  

 

 I think the point here (to which you diverge) is many disagree with your assertion that Thailand has been 'colonized', where you used such as a support to an assessment on taxation approaches.

 

In regards to the point, I believe you will find MANY Thai are proud that their country was never 'colonized' by the Europeans.

[KhunHeineken]

23 minutes ago, oldcpu said:

 

 I think the point here (to which you diverge) is many disagree with your assertion that Thailand has been 'colonized', where you used such as a support to an assessment on taxation approaches.

 

In regards to the point, I believe you will find MANY Thai are proud that their country was never 'colonized' by the Europeans.

If not "colonized" what do you call it? 

 

There's a visa for everyone to live here, either legitimately, or through an agent. 

 

Do you know about Thailand's proud military battles over the centuries?  They just gave away their land to avoid conflict.  Yes, so proud. 

 

Down the road, in Vietnam, different story.  Fought off the Chinese, the French, the Americans, and then went into Cambodia and liberated the people from Pol Pot.  

 

You have no idea.   

[oldcpu]

4 minutes ago, KhunHeineken said:

If not "colonized" what do you call it? 

 

Influenced.

 

 

4 minutes ago, KhunHeineken said:

You have no idea.   

 

That was not called for. 

 

I won't be dragged into the insult vs insult route.  A route that you have now indicated that you want to go. That's a sign of weak view point when one needs to resort to such.

 

You might be surprised as to what I know - where I've lived - where I have travelled - but I think you have insults in your mind to cast about  - so I will leave this aspect of this thread now.

[KhunHeineken]

6 minutes ago, oldcpu said:

Influenced.

To what degree????

 

6 minutes ago, oldcpu said:

ou might be surprised as to what I know - where I've lived - where I have travelled -

As you may be the same with me.

 

Interesting you never commented on Thailand's "proud" military history.

[Phulublub]

8 hours ago, KhunHeineken said:

Interesting you never commented on Thailand's "proud" military history.

What is a  "proud" military history?  One where a Country invades, subjugates then pillages the natives and the natural resources of the invaded country, perhaps? 

 

PH

[Isaan sailor]

10 hours ago, KhunHeineken said:

Down the road, in Vietnam, different story.  Fought off the Chinese, the French, the Americans, and then went into Cambodia and liberated the people from Pol Pot.  

 

Even their currency is defiantly different than Thailand’s.  Dong has a loose peg on the USD.  Thailand has—I have no idea what drives the Baht…

[chiang mai]

3 minutes ago, Isaan sailor said:

Even their currency is defiantly different than Thailand’s.  Dong has a loose peg on the USD.  Thailand has—I have no idea what drives the Baht…

Vietnam operates a crawling peg to USD, the AI explanation is broadly correct:

 

"A crawling peg is a system that allows a currency with a fixed exchange rate to fluctuate within a range of rates. It's a method for controlling the value of a currency in relation to other currencies by making small, regular changes over time.  The purpose of a crawling peg is to provide stability and control currency moves, especially when there's a threat of devaluation. This can happen due to factors like inflation or economic instability. Some central banks use a formula to trigger a change when certain conditions are met, while others frequently change the exchange rate to discourage speculation. A crawling peg is a flexible exchange rate system that falls between the extremes of a fixed rate and a floating rate".

 

The key point here is that whilst Thailand is managing the Baht based on economic and trade factors such as exports and tourism, Vietnam is managing their currency based on its relationship to USD, not quite the same thing and not an apples for apples comparison. 

 

 

[KhunHeineken]

12 hours ago, Phulublub said:

What is a  "proud" military history?  One where a Country invades, subjugates then pillages the natives and the natural resources of the invaded country, perhaps? 

 

PH

No. 

 

One where a country, take Vietnam for example, repels invading armies, and has done so for centuries.  Eg. China, French, America. 

 

Now that's a proud military history. 

[KhunHeineken]

10 hours ago, Isaan sailor said:

Even their currency is defiantly different than Thailand’s.  Dong has a loose peg on the USD.  Thailand has—I have no idea what drives the Baht…

The Thai's control the trade of the baht to inflate it's value. 

[oldcpu]

5 minutes ago, KhunHeineken said:

One where a country, take Vietnam for example, repels invading armies

 

 

Such as the mid-1980s Thailand repelling Vietnamese attack into Thailand?

 

perhaps something older?  How about 200 years prior, in 1786 ? :  https://www.jamiesphuketblog.com/2011/06/phuket-heroines-monument.html  (repelling a Burmese invasion)

[KhunHeineken]

1 minute ago, oldcpu said:

 

Such as the mid-1980s Thailand repelling Vietnamese attack into Thailand?

 

perhaps something older?  How about 200 years prior, in 1786 ? :  https://www.jamiesphuketblog.com/2011/06/phuket-heroines-monument.html  (repelling a Burmese invasion)

I knew someone would bring up the "heroines."  That's Thailand's only claim to fame. 

[oldcpu]

Just now, KhunHeineken said:

I knew someone would bring up the "heroines."  That's Thailand's only claim to fame. 

 

I guess you never studied the aftermath of the Vietnam war.

[oldcpu]

17 minutes ago, KhunHeineken said:

I knew someone would bring up the "heroines."  That's Thailand's only claim to fame. 

 

Since we are off topic here ... How much time have you spent to study Thai history  - and in particular military history?  I suspect you did not read up on the 1547 to 1549 Thailand-Burmese war, nor
..  the 1584 to 1593 Thailand-Burmese war, nor
.. the 1624 to 1636 Spanish-Siam war, nor
.. the June-1688 to Nov-1688 French failed seige of Bangkok
.. the 1700-to-1701 Burmese-Siamese War
.. the 1717 Siamese-Vietnamese War
.. the 1771-to-1773 Siamese-Vietnamese War
.. the 1775-to-1776 Burmese-Siamese War
.. the 1778-to-1779 Lao-Siamese War
..  the 1785-to-1786 Burmese-Siamese War
..  the 1797-to-1798 Burmese-Siamese War
..  the 1802-to-1805 Burmese-Siamese War
..  the 1809-to-1812 Burmese-Siamese War
..  the 1824-to-1826 Anglo Burmese War (which also involved Thailand)
.. the 1840 Cambodia rebellion (where there was Siamese intervention)
..  the 1940-41 Franco-Thailand war (I bet you NEVER even heard of this !)
..  the 1948-to-1960 Malayan Emergency (where Thailand participated to ensure independence of Malay)

 

After you have studied some Thai history - and read up on those noted conflicts (where I listed some to make it easier for you), then lets discuss this.

.

[topt]

1 hour ago, oldcpu said:

 

Since we are off topic here ... How much time have you spent to study Thai history  - and in particular military history?  I suspect you did not read up on the 1547 to 1549 Thailand-Burmese war, nor
..  the 1584 to 1593 Thailand-Burmese war, nor
.. the 1624 to 1636 Spanish-Siam war, nor
.. the June-1688 to Nov-1688 French failed seige of Bangkok
.. the 1700-to-1701 Burmese-Siamese War
.. the 1717 Siamese-Vietnamese War
.. the 1771-to-1773 Siamese-Vietnamese War
.. the 1775-to-1776 Burmese-Siamese War
.. the 1778-to-1779 Lao-Siamese War
..  the 1785-to-1786 Burmese-Siamese War
..  the 1797-to-1798 Burmese-Siamese War
..  the 1802-to-1805 Burmese-Siamese War
..  the 1809-to-1812 Burmese-Siamese War
..  the 1824-to-1826 Anglo Burmese War (which also involved Thailand)
.. the 1840 Cambodia rebellion (where there was Siamese intervention)
..  the 1940-41 Franco-Thailand war (I bet you NEVER even heard of this !)
..  the 1948-to-1960 Malayan Emergency (where Thailand participated to ensure independence of Malay)

 

After you have studied some Thai history - and read up on those noted conflicts (where I listed some to make it easier for you), then lets discuss this.

.

Respectfully you have fallen into the KH trap of responding to all his points thus propagating further, often completely off topic, discussion as has happened here......

As used to be said on the old TV forum - "You two should get a room"................

[jwest10]

On 1/4/2025 at 8:18 PM, oldcpu said:

 

Since we are off topic here ... How much time have you spent to study Thai history  - and in particular military history?  I suspect you did not read up on the 1547 to 1549 Thailand-Burmese war, nor
..  the 1584 to 1593 Thailand-Burmese war, nor
.. the 1624 to 1636 Spanish-Siam war, nor
.. the June-1688 to Nov-1688 French failed seige of Bangkok
.. the 1700-to-1701 Burmese-Siamese War
.. the 1717 Siamese-Vietnamese War
.. the 1771-to-1773 Siamese-Vietnamese War
.. the 1775-to-1776 Burmese-Siamese War
.. the 1778-to-1779 Lao-Siamese War
..  the 1785-to-1786 Burmese-Siamese War
..  the 1797-to-1798 Burmese-Siamese War
..  the 1802-to-1805 Burmese-Siamese War
..  the 1809-to-1812 Burmese-Siamese War
..  the 1824-to-1826 Anglo Burmese War (which also involved Thailand)
.. the 1840 Cambodia rebellion (where there was Siamese intervention)
..  the 1940-41 Franco-Thailand war (I bet you NEVER even heard of this !)
..  the 1948-to-1960 Malayan Emergency (where Thailand participated to ensure independence of Malay)

 

After you have studied some Thai history - and read up on those noted conflicts (where I listed some to make it easier for you), then lets discuss this.

.

Can we please keep on topic as if gets us anywhere