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1,586
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
I don't understand your logic regarding the UK State Pension. The UK government confirms it is not a government pension, which means it is assessable, that is the worst case scenario. If TRD were, for some completely bizarre reason, decide to classify it as a government pension, that would take away their ability to tax that income and they would lose revenue. Is that what you are suggesting might happen? -
70
What about this Samsung Washing Machine? Should one buy it?
Too slow. Your clothes will take too long to dry. -
100
Bad news for Harris, unemployment rises
i've sold 2 houses in canada. both at the market top and my last one within 2 weeks of the exact top. -
393
Realistically speaking, do you think Trump will last till November?
I see that the <censored> Pandemic as back. Please go get your vaccinations. Safe and Effective! -
70
What about this Samsung Washing Machine? Should one buy it?
I changed to the 16Kgs model. Price was Bt9990. I think I overpaid...correct, or incorrect? I think, possibly, I might just have gotten a great price. I think that this model might not be the same as what you purchased? Not sure. But the difference is the BELTLESS drive, and a few other things.... Please post if you think the one you purchased is actually the same or not...Tks.... So...is this a decent price? Or...NOT....? Either way... I will not go to the trouble of returning it to the seller..! -
1,586
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Depends upon the DTA you mean (they change a lot). Check again my statements and other people's views - there is more to the DTAs (and yes they do vary a lot) than just that one Clause. That Clause is referring to Public Servants who usually have their own Retirement Pension arrangements (especially the Politicians and Senior Execs) and they (authors) did not want their own Pensions to be taxable if they decided to live/retire in the other country. There are other referrals to Government Payments and publicly funded Pensions - and it varies a lot from DTA to DTA. Let me know if you are an Aussie - I have a separate post about the Thai-Aust DTA and its affect on the Aged Pension. However - please understand that there is no definite TRD or Court ruling or interpretation on this issue, as far as I know. Just broad statements by 'tax experts' drumming up business - but not the TRD or Courts - although some Expats have gone into their local TRD Office and have been told that the Pensions are not taxed. My 'statement' that IMO the UK State Pension looks like a Government Pension to me (and the link to a UK Government website) is only my opinion - but I reckon that Somchai in the local TRD Office would probably agree with that statement when told that and shown that UK Gov website. And that is all that counts - what TRD views - not us armchair experts on AN. If I was told by the local TRD Office that Pensions are not taxable, then what sort of idiot would I be if I argued with them and tried to 'correct them?? Likewise, I have formal written advice from a tax expert, confirmed by a TRD employee friend of my wife's Sister, that if someone does not have to pay income taxes after TEDA, then they dont have to lodge a tax return - which is what 30+ million Thais do (not lodge a tax return). TiT. -
2
Thai woman loses 50,000 baht to boyfriend after 2 days of dating
Banks are such a waste of time, and effort. -
6
Man Accused of Beheading Father & Posting Head on Youtube Deemed Competent for Trial
The last viscous mass murder that occurred in Levittown that I am aware of involved two homes, both within 5 minute walk from my house in Levittown. An Amber type alert went out to cell phones saying stay home lock the doors. Cops and sirens were all over the place. That was March of this year. My office had me provide assistance to the Middletown PD one time, back before I retired. Can't remember what that was about though. -
14
Why is Thailand not full of so called Asylum Seekers?
There is very legal avenues for migrant immigration from Myanmar to Thailand. I see them at immigration as well as at local provincial hospital where they register for free healthcare. Then if a Myanmar couple have a kid in Thailand - anchor baby. I know, I have friends from Myanmar who will be living here the rest of their lives with their little Thai citizens. Regarding illegal immigration from Myanmar? I've got to guess there are migrant labor quotas so those coming in illegally probably couldn't get a spot on the labor quota. -
100
Bad news for Harris, unemployment rises
So true. Here's my Dad's example. He retired in 1972 and started to expand his, at the time, fairly modest stock portfolio. His goal, as he told us 6 kids, was to leave each of us $100,000 when he and my Mom passed on. The stocks were mostly household names and blue chips. JNJ, WMT, BAC, AXP, WM, MO, PM, HSY, DEO, GE, PFE, LLY, DIS, BP, LOW, BA, PG, XOM, etc. Not much tech, except MSFT, INTL, IBM, CSCO, and a few others. When Dad died in 2009, his stock portfolio of about 45 stocks was worth $600, 000, so he had reached his goal. Mom was still alive, however, so from 2009 to 2019, we kept his stock portfolio intact and the dividends paid for her nursing care, along with the money from selling their house. Dad had done the buying, we did the 'hold' of 'buy and hold'. In April 2011, the portfolio value had risen to $746,000. Microsoft was selling for about $26 a share then, Lilly for around $36. In December 2019, when my Mom passed away, the portfolio value was worth about 1.8 million dollars. Soon after, covid hit and the portfolio value plummeted. The estate was going through a very lengthy probate, however, which turned out to be a good thing. By the time the portfolio was ready to be distributed to us kids, it had mostly recovered and the six of us each received about $300,000 in stocks. So, doing absolutely nothing but holding, the portfolio went, through market ups and downs, from $600,000 in 2009 to $1.8 million in December 2019. Had the portfolio remained intact, the present value would be $2,266,000, not counting dividends, stock splits, and company spin-offs. By the way, those two stocks from 2011? MSFT today, $408 a share. LLY, $804 a share. -
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41
Are you offended at being called Old?
Yer only as old as the woman you feel. Or should that be....WOMEN. Plural. -
1
Dulcelax
Its Dulcolax. Better to buy it in a pharmacy. BTW not to use regularly! -
71
UK Government to Convene Emergency Cobra Meeting After Surge of Far-Right Violence
Incorrect. Anything below £200 is dealt with by the magistrates court - it is not sent to the CPS. Punishment is from a fine to up to six months' imprisonment. Anything above £200 goes to the CPS and has a maximum jail time of 7 years. The boneheaded moron in the picture was hardly "shoplifting" though, was he. He was looting, there is a big difference.- 1
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14
Why is Thailand not full of so called Asylum Seekers?
Because Thai Immigration would kick their collective butts out of the country faster than you can say, Som-Tum. Highly nationalistic, overtly racist country allowing in asylum seekers and economic refugees? Dark-skinned "Kerk" from Africa and Central Asia? Ain't happening - ever. Hell, they can't stand farangs. Pour another drink bob to get your head on straight.
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