Darryl Read, local celebrity and rock musician dies in Pattaya
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More "Wise" Bad News For Wise Customers Residing in Thailand
I don't receive a UK pension of any sort. Rather I receive pension from Canada and from Europe. The Canadian pension is not relevant to your post, but the European pension may be. My European pension consists of part from an European government organisation and part from a German pension (not a civil nor a military service German pension). The European government organisation is only taxable per the law of the country where I reside. The German pension (per the Thai-German DTA) is only taxable by Thailand. In both cases (European government/German pension) the funds are only taxable by Thailand if remitted to Thailand. So if I leave both amounts outside of Thailand, they are not taxed (since I am a Thai tax resident). I try to travel internationally 2 to 3 months per year (sometimes 4 months) and when I do, I pay for my expenses of expenditures outside of Thailand, with funds that are outside of Thailand. I am not sure, but if UK private pensions are not taxable in UK, but only in Thailand, then some may NOT wish to bring the money into Thailand where it may be taxed by Thailand. It 'may' , for some, be better to leave that money outside of Thailand, such that neither the UK nor Thailand, legally per the UK tax law, per the Thai tax law, and per the UK-Thai tax agreement, tax such. Hence for private pensions, it may not make sense to have such immediately deposited into a Thai bank as it may then become taxable. Rather only transfer it (and risk being taxed) when it makes sense/becomes necessary per one's lifestyle. I am speculating here. ... Speculating... but that would be my consideration here, if I have the DTA and tax law aspects correct (and I may have such wrong). -
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Crime Horrified Crew Detain Rapist Mid-Flight After Teen's Report
Where the f*** was the accompanying parent? -
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50 million bht to Thailand, tax implications
I took a stroll down the very nice Dongtan beachfront in Pattaya recently. I was astounded to see big boards advertising a proposed new property on a very big block. The quoted price was..... 385million baht! -
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Crime Horrified Crew Detain Rapist Mid-Flight After Teen's Report
Another one to get away with sexual activity with an underaged girl . Laws need to be made much stricter and those who are guilty need to be prosecuted and jailed
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