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Thailand issues four major announcements on new visa measures


webfact

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15 hours ago, jacob29 said:

By not workable, I believe they mean not workable for a certain class investors that have high turnover as part of their investment strategy. Having an effective tax rate exceeding 100% is not workable. Imagine you hold two stock options expiring a year out, one goes up 100% while the other craters to zero. You now have a tax bill for 30% on that 100% gain (or whatever your bracket is), on a net gain of $0. 

 

By workable, I mean workable for TRD.

 

Paying tax only on gains, without offsetting losses, sounds like an US problem.

 

"You pay tax, you no fly home, you!"

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