Water Throwing Hours.
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Thai tax tangle: Expats warned of new rules on overseas income
That would not work, I don't think you realise the number of people who would leave the country in the year worldwide taxation is enacted. Many Thai people as well as foreigners would simply limit their stays to less than 180 days - it's easy to do, many have homes in various places throughout the world, taking two or even three trips a year is a simple thing to do when avoiding huge amounts of tax. Then there's the corporate route. Thailand does not have 'Controlled Foreign Corporations' rules which means they can transfer all their offshore wealth into some corporation which controls / owns any holdings and it then becomes untouchable, they can pay themselves dividends, etc from their own foreign business entity whenever they choose. This would likely be in a year when they're non resident in order to avoid any and all tax. This is how the 'more wealthy' individuals and families will do it if they can be bothered / motivated. The thing is - nothing like the threat of increased taxes motivates someone to get up and go speak to an accountant - and accountants despite the incredibly boring nature of their job at first glance are very creative people! -
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Community Villagers Demand Action After Foreigner’s Pit Bulls Maul Dog to Death
That is good, so presumably the ones we hear about have been bred in country. -
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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
This seems like a desperate ploy -
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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
Sounds like another 'pipeline' plan to join the scores of others. We just need a Thai equivalent of Dyno-Rod to unbung the pipeline and bring the best ideas into fruition. 😉
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