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865
Introduction to Personal Income Tax in Thailand
Indeed - it is complicated if funds all mixed in one account. I believe (albeit uncertain) that in the case of paying tax (on Capital gains) in Canada, one can at the end of any taxation year, declare a capital gain on a financial instrument, even thou one has not liquidated it. ie one would use (and keep) an official brokerage statement that notes on (say 31-Dec-2023) at year end the financial instrument was worth some TBD amount if it were in cash. Then AFTER declaring that on one's tax form, any subsequent change in valuation of that financial instrument would be a gain, or a loss. This leads me to speculate (where CLEARLY 'speculate' is the operative word) that if one has a brokerage statement for the close of business on 31-Dec-2023, can one then declare (keep a record) of that as the CASH value of that asset. And then add the declared/recorded 'cash value' together with any actual cash, to produce a 'total declared CASH' estimate value. After that the keep a spreadsheet of all account cash transactions (of money taken out). Once the cash taken out surpasses the 'total declared/recorded 31-Dec-2023' cash value, than any other amount must be income. Would that sort of tracking be acceptable? Possibly not. Possibly. Clearly this is PURE speculation by me - but I do not other tax jurisdictions allow one to declare a financial instrument's value without liquidating. I assume over the course of the next decade, how Thai RD treats such will (maybe) become more clear. . -
52
Is it noisy in your Condo now
But if it's cheap all the Mandarin, Cantonese, Korean, English and Russian speakers will easily cut the wire cable. Then what can he do?? -
18
Teenager’s Mercedes Crashes onto Six-Wheeler in Miraculous Escape
That merc would have cost a coupla hundred thousand at best.... prolly the parent shopping rig. -
17
Thailand as home, roaming the world tax free - the pipe dream
6 month leases are available in all cities. -
52
Is it noisy in your Condo now
I wouldnt stay at Arcadia (either of them) during high season even if they paid me. -
89
My wifey lost her job
Why is this so important to you lot? JFC, if there were no plants, trolls, or AI on this site it would be empty. given the majority of the original demographic are dead or near enough to it, they have to generate interest somehow. -
25
UK: Jamaican Drug Offender Avoids Deportation After ECHR Appeal
It’s not going to happen. -
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