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2,563
Thai tax tangle: Expats warned of new rules on overseas income
I didn't post for the benefit of Non-residents Try looking at the Para for Thai Tax Resident, then looking at what is assessable income under 40 ( 1 ) -
39
One Big Beautiful Bill? More Like One Big Bloody Oversized Stich-Up, Bruv
I'll believe it when I see it. But you don't have to get too excited - this is pretty clear cut - even avid Trump supporting Republicans are against this such as Josh Hawley due mainly to the cuts to Medicaid. -
76
Trump Mocks France Over WWII Commemorations, Urges Greater U.S. Recognition
Argue away. All I said is the US's entry changed the tide of war and it's inarguable. The military industrial complex of the US played a huge role in changing the course of WWII. Of course Russia's role was huge as was Hitler's mistakes and the list goes on but the topic is the US. -
2,563
Thai tax tangle: Expats warned of new rules on overseas income
Nothing new. Most pensioners don't have income that is "subject to Thai personal income tax" due to the various DTAs in place. -
78
Clarification on Retirement Visa
You can use monthly income method for extension of stay based on retirement. If has to be monthly foreign transfers of not less than 65,000 baht per month. You can use your Thai bank account as proof; i.e., letter and 12-month's statement from the bank. If changing from extension of stay based on marriage to extension of stay based on retirement, you'll need 12 months' foreign transfers as proof. However, if you can afford it, the 800,000 baht bank deposit method is "the easiest way". Your interest is at the moment around 1.5% p.a. minus 15% withholding tax in a 12-month fixed term account. But if converted to money and compared to 4% outcome before taxation the difference is not that huge in real money. The benefit of using the deposit method, and just leave the fund there, is that you don't need to worry abpout your foreign transfers comes every month, eventual currency exchange rate deviations, any change in funds available for the monthly transfers and the the proof of foreign transfers. I've used the deposit method for more than 15 years, easy peasy procedure. -
39
One Big Beautiful Bill? More Like One Big Bloody Oversized Stich-Up, Bruv
But they accept the result of the election .. unlike you cry babies on the right
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