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Thailand new change - world wide income at Thai tax levels to be taxed

You got to love Thailand's strategy, though: smi(&%
Parry & Block,
Bob & Weave,
Slip & Slide,
Roll. ;)

Always keep them guessing... rof/%

PS.
1717939664604.webp


Source: Thai Cabinet approves BRICS membership bid
 
I hope so, but I'm not so sure about it. I think the tax reform is related to this agreement:
https://www.oecd.org/southeast-asia...igned,inclusive growth, covering 16 projects.

The OECD and Thailand signed the first, three-year Thailand Country Programme on 31 May 2018. The first Thailand Country Programme focused on four key pillars: 1) good governance and transparency, 2) business climate and competitiveness, 3) Thailand 4.0, and 4) inclusive growth, covering 16 projects.

good governance and transparency
rof/%
Thailand will never pass Phase 2.
 
The OECD and Thailand signed the first, three-year Thailand Country Programme on 31 May 2018. The first Thailand Country Programme focused on four key pillars: 1) good governance and transparency, 2) business climate and competitiveness, 3) Thailand 4.0, and 4) inclusive growth, covering 16 projects.

good governance and transparency
rof/%
Thailand will never pass Phase 2.
exactly. stuck forever at point 1 and 2.
Lets not even talk about their highly protectionist policies which most likely will have to go away should they really join oecd (unlikely).
 
The hutzpah of ANY TAX-NON-paying organization (i.e., OECD and its employees are "tax-exempt") to go 10,000 kilometers away to impose their delusional whims on a completely different group of people (Thai) is just mind-boggling to me! :oops:

Although about 71% of the Earth's surface is water-covered, this does not compare to the number of dastardly scared cuckolds we are surrounded by. stupi#21

WTF???!!!
 
The hutzpah of ANY TAX-NON-paying organization (i.e., OECD and its employees are "tax-exempt") to go 10,000 kilometers away to impose their delusional whims on a completely different group of people (Thai) is just mind-boggling to me! :oops:

Although about 71% of the Earth's surface is water-covered, this does not compare to the number of dastardly scared cuckolds we are surrounded by. stupi#21

WTF???!!!
good thing in southeast asia is. They make whatever rules they want without you having any say, but you can at least ignore such.
 
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The hutzpah of ANY TAX-NON-paying organization (i.e., OECD and its employees are "tax-exempt") to go 10,000 kilometers away to impose their delusional whims on a completely different group of people (Thai) is just mind-boggling to me! :oops:

Although about 71% of the Earth's surface is water-covered, this does not compare to the number of dastardly scared cuckolds we are surrounded by. stupi#21

WTF???!!!

Yeah how ironic that the OECD promotes taxing the s**t out of everyone, but their officials and employees all are tax-exempt for some reason, and are entitled to a retirement pension after 10 years...

Isn't taxation and "transparency" what they want for everyone? Why not start with themselves?

Pretty much like the socialist leaders, who are always among the richest people in the world while their people starve, and never really do what they preach...
 

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Yeah how ironic that the OECD promotes taxing the s**t out of everyone, but their officials and employees all are tax-exempt for some reason, and are entitled to a retirement pension after 10 years...

Isn't taxation and "transparency" what they want for everyone? Why not start with themselves?

Pretty much like the socialist leaders, who are always among the richest people in the world while their people starve, and never really do what they preach...
this is the worst really, same for eu which also advertises its tax free salary and BIS, Cern and the whole useless letter soup.

Would be PH a good alternative for TH?
well yeah ph is nice too, but in reality it doesnt matter. ;)
 
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The Chinese are buying Elite visas like hot potatoes.

I think it's still logical...
a) there are 1,4 billion
b) Geographically close by
c) Want to escape somehow the communism (at least for rich people)
d) still tax free if not remitted and as I noticed/heard easy for their money washes
 
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One of my neighbors is Chinese - she paid something like 12m for a shack that was deteriorating - probably worth at most 8m

Never had the heart to say she had be shafted - just pointed out perhaps built two villas and recoup that way.

A friend of mine is selling his home for about 120mb right now - Chinese person wants to do it in broken payments as she gets the funds out of China - pointed out risky because its capital control violations which gave him the shits.
 
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A friend of mine is selling his home for about 120mb right now - Chinese person wants to do it in broken payments as she gets the funds out of China - pointed out risky because its capital control violations which gave him the shits.

I have the same situation with a good french friend of mine. He is married with a chinese woman. They currently build an house in the south of France, and it's problematic for the money from China (the chinese parents of this girl, who give some money to them for the construction).. If I am right it's like they are capped at USD 50K a year, they can send outside China lol. Crazy.

And at a second level, it's to justify to the French bank (and notary), the origin of fund in China..
 
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