Archive for the ‘Readingroom’ Category

The convenient whole truth

The convenient whole truth is about the new property taxes

WHERE is the tax heaven” It is in our mind if we are happy to pay some taxes for the country which becomes the kingdom of heaven for all of us. There is no country for old men who search for the real happiness without taxation. The song “Taxman” of the Beatles may show us the truth about the draconian taxation in the UK from your birth until death. There is no “Death Tax” in Thailand. The politicians in the UK will definitely be reluctant to implement the populist policy to waive tax. They always need money for the welfare state which is not the heaven for most of you. In the contrary, the Thai populist government just enacted the new law to reduce the tax rate for the real estate business.

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Tax Planning for Home Buyers in Pattaya

The fine line between “Legal Tax Avoidance” and “Illegal Tax Evasion”

“Money is a Misery” seems to be the truth for our former beloved leader whose spouse was served a verdict for three years imprisonment by the Criminal Code for tax evasion by creating the fraudulent transaction under Section 39 of the Revenue Code of Thailand.

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The new amendment of the company law

“Ignorance of law is no excuse”

If we are optimistic, we may take the opportunity to spend our free time during the low season in Pattaya to reflect every factor around us in the year passed by in order to ascertain the sustainable goal for our future. As we always say that Pattaya has a unique status. The factors affecting the status quo of all foreigners in Pattaya are different from the ones in other part of the country. The analysis of your future in Pattaya should be based on your heart. If you are happy in this city, there is no need to worry about the other factors. The political conflict in Bangkok or the demarcation dispute with our neighboring country should be far from us. In the spinning world where media becomes one of the most lucrative businesses, you may be spun every morning by some media who exaggerate the situation for the sake of their business. It is why you should create the equilibrium of all factors around you. The hyper inflation from the speculative manipulation of the oil price in the New York commodities market or hedge funds affect every country in the world not only Pattaya.

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“Good Will” of your Thai wife shall never die

Foreign husband can be a Legatee of his Thai Wife

A THAI wife can make a last will and testament to bequeath her estate even the piece of land and house to her foreign husband. The last will and testament will preclude all her other heirs or her Thai family to share the estate with her foreign husband. The ownership of land can be put in the name of her foreign husband as the executor of estate. The right of inheritance for a foreign husband is not restricted by the laws of the Kingdom of Thailand.
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Servitude of easement

Servitude of easement

ALL people are hungry for justice which is not enough for everyone. Law is not equated to justice. Will we have to abide by the law without any objection” If you have the conception that all laws in your country are fair and you can abide by them, you should not raise any question about the draconian tax laws in your country. Please weigh if Thailand or your country is the lesser of two evils before deciding to barter your kingdom of heaven in Pattaya just for the cheap horse.

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Unscrupulous Developers

The Hammer of Justice against the Unscrupulous Developer under the New Consumer Protection Law

Our new prime minister who graduated from Oxford with the first class honor degree in law and politics always expresses his ideology to enforce the law without double standard. In Thailand, many laws are always in the shield without enforcement. The justice can be done only by the national ideology to enforce the laws as it is wisely said that it shall be written, it shall be done.

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Squatter’s Rights

Squatter’s Rights

LORD Buddha taught us that our misery comes from the possession. The nirvana is in the state of emptiness where there is no possession. He perhaps pointed at the birds flying in the sky and asked you the simple question “Who feed them”

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Amicable Divorce

To “love” or “to be in love” that is the question

IN the beautiful Italian city of Verona, you may hear the story of passionate young love. Romeo and Juliet, the star-crossed lovers, who meet, fell in love, and promise to be true to each other for ever. It is a simple love story with the saddest of all possible endings.

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A fiduciary duty in question

A fiduciary duty in question

MANY readers enquire how we have so many never ending stories to share with you. It comes from “d”j” vu” we hear many stories in which we are too late to help with a remedy. The time consuming litigation process always discourages most gullible foreigners from seeking justice by the judicial mechanism, in the old belief that “delay of justice is a denial of justice”. Nobody wants to spend money, time and your sanity for a justice which will cost you more than the original value. However, natural justice should not only be sought when you have already ended up in perdition. It should be sought from the first step you take along the road which may lead you to your destination or problems. A good lawyer can always protect you by the old maxim”forewarned is forearmed” if you seek good advice. Only your wisdom can open the door of justice.

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