Your solutions and way of thinking are always amazing!!! Happy new year my friend, and happy new year to everyone!JackAlabama said:
ah you have a job in Thailand?
Then you pay tax on that anyhow, the rest should be ok.
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Your solutions and way of thinking are always amazing!!! Happy new year my friend, and happy new year to everyone!JackAlabama said:
ah you have a job in Thailand?
Then you pay tax on that anyhow, the rest should be ok.
Click to expand...
Your solutions and way of thinking are always amazing!!! Happy new year my friend, and happy new year to everyone!JackAlabama said:
ah you have a job in Thailand?
Then you pay tax on that anyhow, the rest should be ok.
Click to expand...
The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.Under the proposed amendments, however, residents would be liable to pay taxes on their worldwide income, whether or not it is remitted to Thailand. This fundamental shift means that individuals””both Thai nationals and expatriates””would face obligations to report and pay taxes on foreign earnings, even if those earnings remain outside Thailand.
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The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.Under the proposed amendments, however, residents would be liable to pay taxes on their worldwide income, whether or not it is remitted to Thailand. This fundamental shift means that individuals””both Thai nationals and expatriates””would face obligations to report and pay taxes on foreign earnings, even if those earnings remain outside Thailand.
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changing this will take many years, like 5 or so, especially in such places.pomo said:
Happy new year to you too. I think your setup is safe and legal for the time being, however:
The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.
Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
Click to expand...
changing this will take many years, like 5 or so, especially in such places.pomo said:
Happy new year to you too. I think your setup is safe and legal for the time being, however:
The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.
Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
Click to expand...
I used to think so but now I'm not so sure, they were pretty quick with the remittance change and the new minimum corporate tax (approved Dec 11, effective Jan 1).JackAlabama said:
changing this will take many years, like 5 or so, especially in such places.
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I used to think so but now I'm not so sure, they were pretty quick with the remittance change and the new minimum corporate tax (approved Dec 11, effective Jan 1).JackAlabama said:
changing this will take many years, like 5 or so, especially in such places.
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there was ample talk on this here. these things are not the same.pomo said:
I used to think so but now I'm not so sure, they were pretty quick with the remittance change and the new minimum corporate tax (approved Dec 11, effective Jan 1).
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there was ample talk on this here. these things are not the same.pomo said:
I used to think so but now I'm not so sure, they were pretty quick with the remittance change and the new minimum corporate tax (approved Dec 11, effective Jan 1).
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Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).JackAlabama said:
there was ample talk on this here. these things are not the same.
Plus Malaysia remains as is until 2036, the easy fix is right there.
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Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).JackAlabama said:
there was ample talk on this here. these things are not the same.
Plus Malaysia remains as is until 2036, the easy fix is right there.
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what visa is that? do you have a link to this?JackieTsan said:
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
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JackieTsan said:
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
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what visa is that? do you have a link to this?JackieTsan said:
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
Click to expand...
JackieTsan said:
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
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the linked page says: "(still in development phase and without an official launch date yet)"JackieTsan said:
@JackAlabama I read for 4 years and 5 years.
I've checked locally there the 4 years, is called digital worker visa and is amazing, fully tax free (research first please).
Also kindly check this https://soynomadafiscal.com/en/bali-digital-nomad-visa/
If you google Indonesia 4 years tax free visa you'll see a few posts (and some for the 5 years).
Thank you @JackAlabama
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the linked page says: "(still in development phase and without an official launch date yet)"JackieTsan said:
@JackAlabama I read for 4 years and 5 years.
I've checked locally there the 4 years, is called digital worker visa and is amazing, fully tax free (research first please).
Also kindly check this https://soynomadafiscal.com/en/bali-digital-nomad-visa/
If you google Indonesia 4 years tax free visa you'll see a few posts (and some for the 5 years).
Thank you @JackAlabama
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it's active, google and search for visa agents in Indonesia and chat with them, it's up and running as many told me (the 4 years visa).pomo said:
the linked page says: "(still in development phase and without an official launch date yet)"
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it's active, google and search for visa agents in Indonesia and chat with them, it's up and running as many told me (the 4 years visa).pomo said:
the linked page says: "(still in development phase and without an official launch date yet)"
Click to expand...