Why Do You Even Drink?

[chiang mai]

3 hours ago, stat said:

It is not that simple and this was pointed out to you several times. Accounting method is one of the open questions. For whatever reason you want to see everything simple and clear but it is not and you are not willing or able to answer a simple question of accounting method that is paramount to the calculation of the due income tax and the decission to stay in TH at all (for some).

 

If you really believe you stand a fair chance in a thai tax tribunal then I do not know what to say.

 

 

 

I

If you want to debate this issue with me, you must try harder to remain focussed on the things being discussed and not not wander off aimlessly at a tangent, making broad sweeping statements about mildly related issues and blame everything on my failure to understand!!  Nobody ever suggested that there aren't unknowns and unclear issues, that is not even remotely relevant to the definition of the high level credit card related tax process, which is very simple and very clear and is the issue being discussed.  The poster attempts to make excuses why credit card transactions can't be considered assessable, all of which are manufactured and grasping at straws, presumably because he feels exposed on that front.

Edited 8 hours ago by chiang mai

[chiang mai]

This thread has once again become dreary, disappointing and short on substance. Something half factual gets posted and the next few pages get devoted to those who don't think the TRD stands a cat in hecks chance of ever successfully taxing foreigners and reasons why it won't ever happen. 

 

It's one thing to challenge perceived fact and understanding but it's unproductive and pointless to pooh pooh everything, without any substantial basis other than the somewhat racist connotation that it's too difficult, too complicated and this is Thailand.

[Yumthai]

2 hours ago, chiang mai said:

This thread has once again become dreary, disappointing and short on substance. Something half factual gets posted and the next few pages get devoted to those who don't think the TRD stands a cat in hecks chance of ever successfully taxing foreigners and reasons why it won't ever happen. 

 

It's one thing to challenge perceived fact and understanding but it's unproductive and pointless to pooh pooh everything, without any substantial basis other than the somewhat racist connotation that it's too difficult, too complicated and this is Thailand.

The main reason why Thailand is not able to successfully enforce their Law and why most of the rules are not strictly followed by the population is the everywhere corruption. As long as corruption level remains high rules enforcement will not improve.

[JimGant]

16 hours ago, Phulublub said:

The remittance (for that is what it is) may or may not be assessable in EXACTLY the same way as a cash transfer from bank ccount to bank account.

Actually, in my case, it would be EXACTLY the same. My checking account only contains non assessable income (direct deposits from my Air Force pension and from Social Security). Thus, when my bank does a monthly direct debit from my checking account to pay off the Visa charge for purchases I made in Thailand -- I maintain that characterizes the "loan" I received from Visa for the Thai purchases the same as the payback, i.e., non assessable.

 

No different than a Wise transfer of non assessable income from this same checking account.

[JimGant]

3 hours ago, chiang mai said:

This thread has once again become dreary, disappointing and short on substance

Right on! Where's Mike Lister when we need him.....?

[chiang mai]

3 minutes ago, JimGant said:

Right on! Where's Mike Lister when we need him.....?

A good question, perhaps Admin or somebody else on the forum knows?

[chiang mai]

1 hour ago, Yumthai said:

The main reason why Thailand is not able to successfully enforce their Law and why most of the rules are not strictly followed by the population is the everywhere corruption. As long as corruption level remains high rules enforcement will not improve.

Yet another post telling us why something can't be done! Yet despite that claim, somehow the TRD collected 396 billion baht in income tax revenue last year!

 

https://www.statista.com/statistics/1126300/thailand-government-revenue-from-taxes-by-type/

[Ricohoc]

1 hour ago, JimGant said:

Actually, in my case, it would be EXACTLY the same. My checking account only contains non assessable income (direct deposits from my Air Force pension and from Social Security). Thus, when my bank does a monthly direct debit from my checking account to pay off the Visa charge for purchases I made in Thailand -- I maintain that characterizes the "loan" I received from Visa for the Thai purchases the same as the payback, i.e., non assessable.

 

No different than a Wise transfer of non assessable income from this same checking account.

Interesting.

 

Yes, Visa and Mastercard and other similar bankcards are indeed loans. In my case, they are short term loans because I pay my balances monthly.

[Ricohoc]

I'm curious to know what exchange rate the TRD will assess to the amount of "income" brought into the country.

 

Will it be the rate on the last day of the tax year, or an average, or what?

 

In my case, there's at least a 100,000 baht difference between a USD rate at 35 vs a USD rate at 30.

[chiang mai]

3 minutes ago, Ricohoc said:

I'm curious to know what exchange rate the TRD will assess to the amount of "income" brought into the country.

 

Will it be the rate on the last day of the tax year, or an average, or what?

 

In my case, there's at least a 100,000 baht difference between a USD rate at 35 vs a USD rate at 30.

The rate used when the funds were received or exchanged by the bank.