Thread: Pattaya Reports
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01-10-24 05:15 #41518
Posts: 3142Certainly no expert at all!
There was an article the other day on As--and, in regards to this topic explanation from tax attorneys. I tried to go back and locate the story and paste it here but sadly I can't find it at the moment even then I'm not sure how to paste etc get it on this board.
People should be concerned because I fall into this category but living here for so many years I hear things thrown out by their leaders and you wonder and just wonder. So I'm just going to take a wait-and-see attitude until!
What I do remember reading is you get a pass this year because the Thai who opened this can of worms did not have a clue as to what he or she did. When it was brought up was mainly to target " Thais " earning money abroad and bringing it back to Thailand, enforcing was rightly so but it opened a whole can for expats and foreigners living here. Without a real clarification like everything the rumors running crazy. I hear ex-pats talk and what I hear is totally hearsay and even false because so and so told meM.
The key is how are they going to enforce it and will they see what they have open will they. What I got from the story was every country is different for the USA There is a treaty or agreement you can't take the Social Security pension. You can't double-tax an individual. Myself, although living here I file a tax return every year in the States for my S. S. And company allowance. From my understanding, Britain has no such agreement for example.
From my IRA, 401 K, etc. I have delayed taking it but will need to soon what I take out is added to my ordinary income and taxes are paid based on my bracket. So it assumes falls also into the Double taxing rule. The money I have shipped or brought over from the States through the years sits in my Thai bank and the interest given to the bank takes the taxes out from there so I've covered.
In the fine print, there are provisions on how long you stay and how you ship or spend here a year that require you to file a return. Most of the extra money I might ship comes from earnings already taxed come from earning before 2024. If one does file would need to provide proof of such. So look at what I have written lots and confusing so how is a Thai going to sort all this out if one does decide to file? Then I read from the article the website is only in Thai! Do people see where this is going?
There are tons of ifs at the end the Lawyers say if you need to file nothing to worry the tax law is so lacking that they provide tons of exemptions for tons of reasons the average person isn't going to pay a baht. But like myself, the last thing I need to add to my list is filing a tax return. So for myself, I'm not going to do one but what I plan to do for this year is just forward my S. S. And pension using Wise twice a month. If they ever get that fall when I fail for my extension and they ask me why I will prove to them I'm living out totally on the two which under the agreement can't be taxed again by your government so no filing is necessary.
Meantime the extra I've been bringing when rates are to my advantage will stop. All the extra will be brought when I go home once or twice a year whatever the limit of 10,000-20,000 I will carry it here myself or have my trusted family members visit to bring it over and laundry it. If all goes wrong there is the wait-and-see as to what agents can do to obtain extensions without all the nonsense. Worse come to worse I will need to spend time away from my Thai family and travel to other countries nearby but I'm not filing for now will hold tight!
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01-10-24 04:55 #41517
Posts: 5532Originally Posted by Cusland [View Original Post]
Being from a country that has that Treaty in place, I was hoping to find a mention of the general change on the Thai Immigration website, such as, "In the case of extending an O-A Non Immigrant Visa for an expat not from a country with the No Double Taxation Treaty, these are the current conditions and required documents, blah, blah, blah. ".
But as of 2 days ago I did not see any reference to it.
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01-10-24 02:45 #41516
Posts: 6087Originally Posted by Cusland [View Original Post]
It's all about bilateral agreements where the US have gained more data power.
Nevertheless more banks or financial institutions have to follow their country rules to acquire foreign tax position of citizens of other countries, regardless they are residents.
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01-10-24 01:51 #41515
Posts: 405Originally Posted by EihTooms [View Original Post]
Have you been staying in Thailand over 180 days and been Filing tax forms?
This stuff may not be targeting us but we are the Collateral damage.
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01-10-24 01:18 #41514
Posts: 405Originally Posted by Cusland [View Original Post]
It really doesn't matter what Official Guidlines are, I guarantee immigration or whoever will do what they want.
Its not so much the Tax I'm worried about its the Paperper Work involved to file even if you owe Noting.
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01-10-24 00:59 #41513
Posts: 40Full nude options
Originally Posted by GreenBud [View Original Post]
Thanks for this summary. With the recent closure of Dollhouse and Electric Blue (two one of my favorites) along with Beavers and Crazyhouse among others that never made it back after COVID, it seems there's now quite a dearth of full nude, high contact gogos in Pattaya these days. That said, I'm happy to learn about Angels in LK Metro. I haven't been there yet but hope to check it out on my upcoming visit.
Do you gents have intel on other gogos where full nude high mileage fun can be had? It seems perhaps gentlemen's clubs are becoming the place for this these days. Curious to know what others think on this subject.
Cheers,
Neidermeyer.
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01-09-24 22:50 #41512
Posts: 3436Originally Posted by AxelHeyst [View Original Post]
I may take a Mexican lady to Thailand next year.
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01-09-24 18:58 #41511
Posts: 114Have you even spoken
Originally Posted by FortyDrinks [View Original Post]
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01-09-24 15:42 #41510
Posts: 5532Still, there was no warning about it
Originally Posted by FortyDrinks [View Original Post]
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01-09-24 14:46 #41509
Posts: 29Originally Posted by MartinFlevo [View Original Post]
Pricing question: I plan to try WS and LK agogos tomorrow. Next day, I will try the GCs. Is the pricing more standardized there? What should I expect?
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01-09-24 12:34 #41508
Posts: 405Originally Posted by Allover [View Original Post]
Immigration ask for Tax Return cleareance. You say no HAB. Going to do it later.
Will Somchai let you go.
Playing with FIRE meThink.
Could I be crying like a little chicken. Yes!
We shall see how it turns out.
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01-09-24 12:26 #41507
Posts: 405Originally Posted by EihTooms [View Original Post]
My fear is next year is when all the Chaos will start for those Deemed Tax Residents.
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01-09-24 09:07 #41506
Posts: 723Originally Posted by BananaBoi [View Original Post]
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01-09-24 08:42 #41505
Posts: 181Originally Posted by LAHenry [View Original Post]
For your other issue. No need to involve the hotel. And if you did nothing (aka still dress) just kick her out and give her 100 THB for the motorbike. If you already did something. Aka complain afterwards. Pay the girl and cut your losses.
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01-09-24 06:58 #41504
Posts: 3436Originally Posted by CaliGuy33 [View Original Post]
For short trips, it's not much money.