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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
He did say in this video that he would look to email out the TRD documentation & add it to the website, Video was only released today so might take a couple of days to get it on there. Although this article is aimed at "Digital Assets" it does say that FIFO & Average Cost should be used for Capital gains... https://drkilaw.com/index.php/component/spsimpleportfolio/item/28-b-thailand-s-digital-asset-tax From a much older article it looks like if you physically held the share certificates then you would use the cost of the certificates you settle the trade with, if you hold the assets electronically then you would use FIFO or Average Cost... https://www.bangkokpost.com/business/general/299691/when-the-revenue-department-changes-its-mind-the-taxpayer-gets-the-headache -
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THAILAND LIVE Thailand Live Tuesday 22 October 2024
Thai Banks Record Profit Rise Amid Economic Uncertainty in 2024 File photo for reference only The Thai banking sector has witnessed a modest rise in profits for the first nine months of 2024, led by increased interest and fee incomes. A collection of 10 banks listed on the Stock Exchange of Thailand reported a combined net profit of 159 billion baht, marking a 3.49% year-on-year increase. Full Story: https://aseannow.com/topic/1341410-thai-banks-record-profit-rise-amid-economic-uncertainty-in-2024/ -
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Thai Banks Record Profit Rise Amid Economic Uncertainty in 2024
The Thai banking sector has witnessed a modest rise in profits for the first nine months of 2024, led by increased interest and fee incomes. A collection of 10 banks listed on the Stock Exchange of Thailand reported a combined net profit of 159 billion baht, marking a 3.49% year-on-year increase. Kasikornbank emerged as a frontrunner with a net profit boost of 15.4%, reaching 38.1 billion baht. TMBThanachart Bank outpaced others in profit growth, surging by 17% to 15.9 billion baht. However, six banks, including Kiatnakin Phatra Financial Group, suffered profit declines, with KKP tumbling by 25%. Despite these gains, uncertainty looms over Thailand's economic landscape. Floods, baht fluctuations, and a global economic slowdown threaten stability. Kasikornbank's CEO, Kattiya Indaravijaya, advocated for supportive measures such as lowering loan interest rates to help flood-affected customers. Elsewhere, SCB X, the parent company of Siam Commercial Bank, reported a slight profit decline due to a one-off subsidiary sale loss and reduced incomes. Meanwhile, Bank of Ayudhya experienced a 7% profit drop, impacted by higher credit loss provisions and reduced loans, indicating caution in an uncertain economic climate. With potential growth on the horizon, banks remain vigilant, bracing for continuing challenges affecting Thailand's financial sector. File photo for reference only Source: The Thaiger -- 2024-10-22 -
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3BB Fibernet installation in a condo
My friend had it like this with 3bb in his condo on pratamnak Soi 5. Some contractors came to install the cable and the few was paid to them. I actually oversaw the installation as he was out of town at the time. Fiber cable installation is very simple job and likelyhood of having issues due to the cable installation is low. Even if happens, just need to fix the cable. He has not had any issues. -
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THAILAND LIVE Thailand Live Tuesday 22 October 2024
Thai cops race against crime to catch Chinese students kidnap gang Image courtesy of KhaoSodn Thai police are urgently tracking a gang responsible for kidnapping three Chinese students from a renowned university in Thonburi, demanding a ransom of 1.5 million baht. The last known location of the students indicates they were taken across the border into Myanmar. Full Story: https://aseannow.com/topic/1341409-thai-cops-race-against-crime-to-catch-chinese-students-kidnap-gang/ -
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Thai cops race against crime to catch Chinese students kidnap gang
Thai police are urgently tracking a gang responsible for kidnapping three Chinese students from a renowned university in Thonburi, demanding a ransom of 1.5 million baht. The last known location of the students indicates they were taken across the border into Myanmar. On October 20 at 5am, a professor from the university reported the incident to the Thammasala Police Station after receiving a message from a first-year Chinese student via the WeChat application. The message revealed that three Chinese students had been kidnapped and were being held for ransom. The students had been lured into delivering an unknown item to a mysterious figure with the promise of receiving money in return. However, upon arrival, they were taken hostage. The kidnappers then contacted the students’ friends, demanding 300,000 yuan (approximately 1.5 million baht) for their release. The message also included GPS coordinates, showing that the students were being held in Myanmar. The kidnappers threatened to move the students to KK Park in Myanmar if the ransom was not paid by noon on the same day. Le Yichen, a friend of the kidnapped students, mentioned that one of them had spoken on the phone with an unknown person. They discussed travelling to the Moei River on the Myanmar border to deliver the item. The friends then received another message demanding the ransom, prompting them to report the incident to the police. Deputy Metropolitan Police Commissioner Nopasin Poolsawat, along with Kumpanat Arunkeeriroj, the Chief of Metropolitan Police Division 7, and Boonroj Lojaya, the superintendent of Thammasala Police Station, held a meeting with the investigation team to expedite the rescue operation. Metropolitan Police Commissioner Thiti Saengsawang has ordered a special investigation team to be formed. The team is collaborating with immigration officials and other relevant agencies to track down the kidnappers and secure the safe return of the students. A meeting is scheduled at the headquarters of Metropolitan Police Division 7 to review the progress of the investigation. Preliminary orders have already been issued to form investigation units and liaise with relevant agencies for the urgent rescue of the Chinese students, reported KhaoSod. By Ryan Turner Image courtesy of KhaoSod Source: The Thaiger -- 2024-10-22 -
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Watershed moment: harris shuns live fundraiser and shuns Jesus comments
Catholicism has taught plenty of people about pedophilia, some the hard way. It's a statistically inevitable consequence of a celibacy ukase, formulated for financial reasons. It has nothing to do with purity. Being a sexual predator probably ranks pretty low on the list of sins. <deleted> hypocrites. -
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Lisa Blackpink to Perform in Bangkok for Amazing Thailand Countdown 2025
I've been told that Lisa is not actually "Lisa" gender-wise. First her transition began here and than - Korea - the Mecca of plastic surgeries. Told by beuaty surgeon about 60+ old. Maybe he wanted to play some prank on me, jest whatever. I seriously did not than (and do not today) give a flying banana about her/him. Even the hint is in the surname: Man-O-Ban[ana]. Idol for prmary and early secondary school kids. Shania Twain forever! -
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Visit Thailand for just under 90 days with Thai wife. Visa advice please.
I have seen few reports of folk being issued boarding pass with return flight past the (previously) 30 day visa exempt entry. A signing of a waiver sometimes asked for by supervisor. In any event from the OP...... "think maybe best if I go for the Non O. The thought of being knocked back (however unlikely) at Heathrow, wife in tears etc., is too much of a worry." Seems that the OP is not interested in possibility of drama. Perhaps for that reason he is leaning to Non O eVisa over visa exempt (that also requires extension at immigration) -
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THAILAND LIVE Thailand Live Tuesday 22 October 2024
Thai man arrested for stealing from Russian couple in Phuket Photo via Facebook/ Phuket Hotnews Police arrested a Thai man for stealing from a Russian couple while the victims were enjoying Kata Beach in Phuket. Full Story: https://aseannow.com/topic/1341408-thai-man-arrested-for-stealing-from-russian-couple-in-phuket/ -
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Samsung repairs / after sales service
I thought the same about Sony. But, I've had 2 here in Thailand and both lasted only 3 or so years. I still maintain the one you bought 15 years ago and older ones were built to a standard. Not anymore. IMO, there's not much difference between the big brands like LG, Samsung, Sony, Panasonic etc. I hope you have better luck with yours. -
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71-year-old Chinese Fugitive Arrested in Thailand after 201-Days Overstay
Isn't it crazy?! The Thai police caught him because of "the investigative team had learned that Mr. Su was wanted by Chinese authorities for fraud." One of the reasons the 90-days reporting has been launched, was to catch the people who changed their address without reporting to the IMMO, especially criminals. I didn't read of any case when the officials caught somebody who didn't make the 90-report. The same in this action. My question: for what reason do we, the falangs, have the NONSENSE-duty to make this 90-day-report? Only to earn some xxxx-money by the IMMO? -
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Thai man arrested for stealing from Russian couple in Phuket
Police arrested a Thai man for stealing from a Russian couple while the victims were enjoying Kata Beach in Phuket. The Russian couple, whose identities remain undisclosed, filed a theft complaint at Karon Police Station at around 8am on October 18. They reported that they visited Kata Beach and left their belongings unattended while enjoying the beach. The victims saw a man taking their belongings before fleeing the scene on a motorcycle. They were unable to stop the thief as they were too far from their possessions. The stolen items included a gold iPhone 13 Pro Max, cash, credit cards, and a gold ring. Police provided an update regarding the case today, October 21. According to their report, officers examined security footage and tracked the thief to the Chalong sub-district in Phuket. The suspect was found in a rented room on Soi Anusorn, and officers arrived to apprehend him on the same day the incident occurred. A grey Honda Wave motorcycle, which was used in the crime, was discovered parked outside the room. When officers knocked on the door, the suspect, identified as 35 year old Surachai, answered in a state of shock. He appeared visibly frightened when the police requested permission to search his room. Upon finding incriminating evidence in his possession, Surachai confessed to the crime. Police recovered some of the stolen items, including the credit cards, leftover cash, and the gold ring, from Surachai’s room. However, the suspect confessed that he already sold the victim’s phone to a local mobile shop. A man named Tom collected the phone from him. Officers tracked down Tom and discovered that he sent the phone to the shop via parcel delivery. They visited the parcel delivery shop and successfully retrieved the mobile phone. Both Surachai and Tom were summoned to the police station for further legal proceedings. However, the police have not yet clarified the legal charges that both men will face. The Russian couple were also invited to the police station to retrieve their belongings. They recovered all the stolen items except for some cash that Surachai already spent. By Petch Petpailin Photo via Facebook/ Phuket Hotnews Source: The Thaiger -- 2024-10-22 -
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Thai Officials Face Probe Over Fatal School Bus Inferno
You ever get a taxi in Bkk?
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Should "Ethnic Minority" be Replaced with "Global Majority"?
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