phetphet

Firstly, thanks for the heads up regarding name in English for wise. The amount I bring in each year is way above any pensions I receive. Thailand isn’t cheap any more. Foreigners can claim tax reductions for their child’s school fees, education etc. I cannot, so I believe I have found a legal way around it, by gifting money to my GF to do with as she wishes.

Hey hon! While you're taking a pee. Can you buy me a pack of extra large pussy plugs please?

Yes. Legal tax avoidance.

It’s all to do with reducing any potential future tax bills. The less I bring in, the less tax liability. Because if I bring it in myself, it will be classed as income and I will be taxed on it. As it covers quite a lot of bills that I can’t claim for, such as her daughter’s school fees etc, I will gift it to her to do with as she wishes, but I will no longer be bringing funds in for such bills. According to Thai law, any gifts to wives, girlfriends etc has to come from a foreign back. Limits: Up to THB 20 million for spouse. THB 10M for others.

Thanks. Sounds easy enough. As I understand it (I think), it is the opposite of for a purpose. As it’s a gift, it’s up to her what she does with it. There can’t be conditions tied to it, otherwise it’s not a gift. Of course, if there is a big bill of hers that you normally pay, but now stop paying, it is up to her if she pays it with said gift. But at least you won’t be taxed on the money as you didn’t personally transfer it in to yourself.

I want to send some money as a gift to my Thai GF’s bank account from the U.K. via Wise. Trying to avoid any potential tax liability if I just do a transfer here in Thailand. According to the Internet, it is possible. I did search through wise help, but couldn’t find any info. Has anyone else sent money through Wise to another’s account? Any problems?

If Trump controls the strait, he will likely tax all the oil passing through it. Just the same as the Iranians are trying to do, but he will likely hike prices for China. Those Arabs will rue, if they aren’t already, the day they ever got in bed with him.

Win or lose, it’s gonna cost the US economy big time. No oil, no urea for fertiliser, no Helium is coming through the strait. Higher oil prices for South Korea, Japan and Taiwan means higher chip prices for all those US AI data centres. Shortages and higher fertiliser prices for US farmers. No Helium for Intel and all the other chip makers. That’s without pushing Japan towards having to sell their US debt. The GCC are not earning so US investment for them is no longer so attractive, and it seems as if expecting the US to defend them hasn’t really paid off. On top of that, now they are not shipping oil, Trump not only tried to stiff them, but tried to blackmail Europe into signing contracts to buy expensive US LNG. With friends like him, the GCC don’t need enemies.

Trump has TACO'd, but I reckon it is only to let the Israelis continue bombing for another five days to try and soften Iran up before his marines arrive. Also. I reckon all this "I will bomb" , "I won't bomb" is just to move the markets so his insider trading cronies can make big bets on the markets. Even his son Barron made millions doing just that a few weeks ago. They're all as bad as one another.

Giving no quarter as stated by Hegseth last week is also considered a war crime.

Putin was in the KGB in both domestic and foreign counter intelligence. Xi Jinping pretty much a life long member of the Communist Party. So yes, both non military. But they, (and I doubt you would hear it from any other head of state), are not posting that they are glad a former highly decorated veteran is dead. That, along with Trump disrespecting fallen soldiers by turning up to the returning of their bodies wearing a baseball cap, and calling a former prisoner of war a loser "because he got caught", shows what kind of a person he is. And those are just a few examples of the disrespect he has shown towards veterans. He probably thinks all those Marines he is likely to send into Iran are all fools. I doubt the genuinely spoken words, "Thank you for your service" are even in his vocabulary.

Imagine the head of state of a country, openly posting on social media that they were glad a highly decorated veteran who had fought for that country had died. Especially when that same head of state had avoided military service. Such class.

Trump might not need the Strait, but doesn't he realise that oil, even US oil, is priced in USD? At least for now, but the way he is going, the petrodollar might be on its way out. Even after the strait is opened, prices will likely remain high for the foreseeable future due to damage incurred to oil infrastructure. Iran now has a leader and leadership who hates the US and Israel even more than his father did after they killed his family in the recent bombings. They will likely learn from this, and just rebuild and modernise their defences and arsenal with the help of their allies. Then rinse and repeat.

Israeli bombing of the South Pars Gas field, and Iran's nuclear facilities has now opened up the threat of retaliation against the Dinoma Nuclear facility in the Negev Desert. i was watching a video last night that said the Trump can't afford to let this war end as he faces the possibility of imprisonment for his actions, and that he will drag it out and escalate. Including boots on the ground. Faced with prison or war, he will choose war. Let's hope not. There is still no obvious goal. Why are the US still there? Regime change? Destruction of nuclear materials and manufacturing? Can't now leave because of the threat he has created to the Gulf oil states? Stopping China's access to cheap oil? And now Ukraine is showing how the Arabs can defend themselves for far less money than those multi million dollar Patriot and THAAD systems, and that those promises from the US to defend them aren't so strong or effective after all. This could cost US arms sales big losses. I wonder what the total cost of this war financially is going to be. It must be Trillions taking into account reconstruction and price rises etc.

Instead of the term "mass deportations", Trump should have used something less evocative, such as "assisted departures". Or taken a page out of Thailand's book. "Good guys in, bad guys out." 🙂