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687
Thai tax tangle: Expats warned of new rules on overseas income
Especially if they don't get a TIN! -
186
The Troubling Decline of DEI: A Step Backward for America
There are always people who game the workplace. I once had a woman on my team who was with me for 7 years. In those 7 years, she only worked for two of them. The rest of the time was taken up with two pregnancies , and study for a Ph.D in environmental chemistry. I told HR she was extracting the urine when she applied for the Ph.D study leave. When she resigned, I did get a bit of satisfaction from rubbing HR's nose in their stupidity. -
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687
Thai tax tangle: Expats warned of new rules on overseas income
What part of this are you having difficulty in understanding ? Section 40 Assessable income is income of the following categories 1. Tax Resident - Check. 2. Remit a Pension - Check 3. File tax return - Check There is no Assessable or Exempt contained in DTA's, they detail primary and secondary taxing rights. But they do in the Revenue Code. Which has been pointed out to you on numerous occasions. -
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Rachel Reeves: Quit Now the Tipping Point for Britain’s Economy is Here
Lord Alli please buy us some kevlar the knives are out from those awful christian far right normal folk 🤔 -
687
Thai tax tangle: Expats warned of new rules on overseas income
I brought 850k in in just one transaction last year, from my understanding if it was from savings which it was its exempt from becoming taxable, of course if they ask to see your local bank statements they will see the 850k they will expect you to be able to prove that funds did come from savings from AU, I printed out my AU bank statement for 2023 showing the funds and the withdrawal, if asked if thats enough is the 65,000$ question, knowing there affinity with paper work im pretty sure there likely to ask me to get a bank letter from my AU bank to verify or something along those lines. If they audit you your going to have to be able to prove it, because at some point savings will have gone and it becomes saved income from Jan 1 2024. The TGF who is an accountant when I asked said she does not need to supply bank statements when lodging her tax return, but all her bank etc financials well most of them are linked to the revenue department which is the same back in AU (for those that thought they were living in sleep hollow even Thais own computers) she also said she can claim all the insurance policies she has, saving and medical, she will ask the revenue department when I apply for a TIN soon if I can claim the premium I payed for my hospital insurance, I will ask or she will what else is claimable in my cirumstances, I was quite surprised what miss can claim.
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