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Are AN forums addictive?
Love this one - everyone's a winner @Prubangboy the only condition I would make is to ensure the people smugglers in France only send the good looking ones and I might go back to the UK for a holiday 🤣 -
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Make the UK great again #MUKGA
"smear or rub with oil, typically as part of a religious ceremony"??? -
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Make the UK great again #MUKGA
Unfortunately, the UK is not the US. Things aren't that simple. It would be nice if we could say that Starmer is our Biden and Farage is our Trump, and he's going to save us from wokeism, immigration and inflation, but that really isn't the case. We really need a third choice. That's where our Trump would come from. -
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Trump says we will have greenland
And a new airport named after him. The Trump Effect -
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What is the tax treaty between Canada and Thailand?
This is an old thread, but given its the only thread devoted to the Canadian and Thailand Double Tax Agreement (DTA) I thought to update this a bit. What Jaggg88 noted in September-2023 was relevant. But then it was further clarified in November-2023 by Por 162. Together the common interpretation for the Por-161/162 combination is that any foreign income/saving remitted to Thailand prior to 1-January-2024 (remitted at any time in the future) is exempt tax will not be taxed by Thailand. Further tax advisors (on the internet) have noted it is to be treated as income not to be considered assessable income. That is important as it also means such income will not count toward the threshold whether a Thailand tax form need to be submitted. Further, Royal Decree-18 notes foreign income from DTAs may (dependent on the DTA) be treated as exempt income by Thailand. In the case of Canada, OAS, CPP, and likely RRIF/RRSP income would fall under that category given the wording in the Thai-Canada DTA. This means such Canadian pension related income is not taxable in Thailand as it is exempt. As an aside, the Canada-Thai DTA can be located here. https://www.rd.go.th/fileadmin/download/nation/canada_e.pdf Further to the above, non of the Thai language nor English language tax return forms have a field for deducting DTA exempt income. This suggests such income is not to be entered into a Thai tax return. Nominally not including income in a Thai tax return is for cases where the income is not to be considered assessable income. This in turn indicates the tax exempt Canadian pension (or similar remuneration) income is exempt from the calculation of Thai taxation and it is not to be treated as assessable income by Thailand. And from that one can infer that if it is not to be considered assessable income, then it does not factor into the equation for reaching the financial threshold for deciding if a Thailand tax form needs to be submitted. Recently there is a youtube video ( https://www.youtube.com/watch?v=wEpTYIjXCqE ) which explores a bit possible taxation obligations of expatriates (focussing mainly on USA expats) but it does touch upon Canadian pensions, where the opinion of the video blogger (chatting with a tax advisor) is that Canadian pensions are not taxable in Thailand and are not to be considered as assessable income, and hence not included in a Thailand tax return, nor is a Thailand tax return required IF (that 'if' is important) this is one's only income in Thailand. Of course such pensions are taxed in Canada. In conclusion, I found it useful to have that 're-enforcement' from a video that such Canadian pensions are not taxable in Thailand and are not to be part of a Thailand tax return. .
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