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Thai tax tangle: Expats warned of new rules on overseas income
i talked to a tax office and they asked me a few questions about my income and transfers then told me that I need to file a tax return and Im not required to pay tax. I got a copy of my "Benefit Verification Letter" from SS website and a copy of "You are not required to file a tax return" from IRS website (tax office asked me if I file tax return in the US). -
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Trump 2.0 -- Exponentially more damaging than Trump 1.0
Meanwhile, disquieting news for Americans regarding medical care. President Donald Trump’s broad 10 percent tariff on China could drive up the cost, or cause shortages, of popular generic medicines such as antibiotics or cancer treatment drugs for consumers in the United States, experts have warned. Ordinary painkillers, psychoactive medications, blood thinners, heart medications, antihistamines, antibiotics and diuretics are just some of the essential medications that the U.S. relies on China to manufacture. In 2023, the U.S. spent more than $2.02 billion on these kinds of imports from China alone, according to the U.S. Trade Commission. Trump’s additional 10 percent tax on Chinese imports, without an exemption for this, could disrupt the pharmaceutical and medical supply chain, which could lead to shortages or force companies to increase the cost of generic drugs to consumers. In a letter to Trump, the American Hospital Association pleaded with the president to exempt medical equipment and pharmaceuticals from his tariffs, saying the possibility of shortages could put patients “at significant risk of harm, including death.” “Tariffs, as well as any reaction of the countries on whom such tariffs are imposed, could reduce the availability of these life-saving medications and supplies in the U.S,” the group wrote. “For example, U.S. providers import many cancer and cardiovascular medications, immunosuppressives, antibiotics and combination antibiotics from China.” China supplies the U.S. with approximately 30 percent of its active pharmaceutical ingredients, the raw ingredients found in medicines that make them function, according to the American Hospital Association. China also is one of the U.S.’s main source of medical equipment and devices such as single-use blood pressure cuffs, stethoscope covers, anesthesia instruments and more. Nearly one-third of disposable face masks and almost all plastic gloves come from China. “For many patients, even a temporary disruption in their access to these needed medications could put them at significant risk of harm, including death. Carefully planned chemotherapy treatments and antibiotic schedules are essential to giving patients the best chance of overcoming their disease. Similarly, the provision of necessary cardiovascular medications must be continuous to preserve their cardiovascular health,” the American Hospital Association said. For the last 10 years, the U.S. has become increasingly reliant on foreign countries for pharmaceuticals or medical equipment because it is less expensive to manufacture overseas. / -
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My Thai Tax Office Tax Filing Experience...
What are these 560k exemptions? -
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Trump 2.0 -- Exponentially more damaging than Trump 1.0
Most heavy drinkers are losers. -
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The half time show at the Superbowl was the highlight of the game
Keep rappers away from jews too.
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