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THAILAND LIVE Thailand Live Wednesday 13 November 2024
Trump’s win sparks PM Paetongtarn’s bold investor push Photo courtesy of Bangkok Post Thai Prime Minister Paetongtarn Shinawatra is seizing the momentum after Donald Trump’s election victory by calling for an ambitious strategy to attract foreign investors to Thailand. Full Story: https://aseannow.com/topic/1343464-trump’s-win-sparks-pm-paetongtarn’s-bold-investor-push/ -
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Dental spas in Bangkok - Top 5
What makes a dentist scary: being told you need work done, having work done, paying for having work done. Do these "spas" remove any of that? -
2,984
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
The U.K. Thailand DTC has only 3 categories that give rates; interest, royalties and dividends, this means that the vast majority of income is not restricted and so assessable for tax at the prevailing rates. It is certainly possible that the TRD may not enforce the letter of the law, there are numerous cases of people with assessable income over the proscribed limit for reporting but under the various allowances so having zero tax to pay being told to go away and not file a tax return. But then it is the difference between the letter of the law and the practice of the TRD, there is also the cost benefit analysis practiced by the TRD, if you owe millions in tax the TRD are likely to ensure you pay everything due if you get audited -
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Trump’s win sparks PM Paetongtarn’s bold investor push
Thai Prime Minister Paetongtarn Shinawatra is seizing the momentum after Donald Trump’s election victory by calling for an ambitious strategy to attract foreign investors to Thailand. Speaking in Los Angeles yesterday, November 12, to Thai ambassadors, consul-generals, and key representatives of Team Thailand from across the Americas, the Thai premier urged diplomats to become a front-line force, promoting Thailand as a prime investment destination. At the meeting, the 38 year old Thai PM underscored the urgency of adapting to the changing geopolitical landscape under the new US administration, which she believes could impact Thailand’s economic future. “I would like ambassadors to publicise what the government is doing. Since Thailand is still facing economic problems, the government is trying to do all it can to bring as much money to the country as possible.” The prime minister laid out her administration’s plans to focus on fostering investment, enhancing start-ups, and enticing Thai talent to return home. A new Matching Fund will expand market opportunities for private Thai enterprises, while scholarships for Thai students abroad aim to fill skill gaps in key industries like aerospace and digital technology. “Our approach is people-centric.” PM Paetongtarn added that creating more job opportunities in Thailand could reverse the brain drain that has sent many of the nation’s brightest minds overseas. The PM’s trip continues today to the APEC Economic Leaders’ Meeting in Peru, where she is expected to champion Thailand’s economic interests further. During the Los Angeles visit, she also met Thai expats and accepted a US$30,000 (nearly 1.04 million baht) donation for flood relief back home. The Thai PM encouraged the Thai diaspora to bring their expertise back to Thailand, saying their skills could play a pivotal role in the nation’s growth, reported Bangkok Post. Similarly, the Thai Wholesale and Retail Trade Association advises local businesses to closely watch global trade dynamics and the international economy in light of Donald Trump’s recent return to the White House. By Puntid Tantivangphaisal Photo courtesy of Bangkok Post Source: The Thaiger -- 2024-11-13 -
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When Do The Thai Banks Set The ATM Exchange Rate For The Day?
What/which rate do you get? -
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Lions and Tigers and Bears Oh My - How will Trump's Fascist Dictatorship Affect You?
I don't blame you. Go with God brother. -
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Lions and Tigers and Bears Oh My - How will Trump's Fascist Dictatorship Affect You?
I never said he claimed he was a communist in the post I responded to, I said I was responding specific individual to a communist. Like most leftists, you care nothing of the Truth. Stick your apology. -
2,984
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
You would need to ask the RD how they interpret it. If I submit a tax return for income from the UK which has already been taxed, complete with the tax paperwork. I can imagine that the RD could wave it through without further Thai taxation, rather than going through a process that means getting into tax credits and refunds, and such like. Not saying they will, but I could understand it they did.- 1
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