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dekestone

Member Since 2004-02-18
Offline Last Active Yesterday, 13:37
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Posts I've Made

In Topic: Directions To Samsen, Khao San Road From North (Rangsit Don Muang )

2012-04-30 13:03:53

Have you tried google maps?

They have a 'directions' function which I've found to be useful.

http://maps.google.com/

In Topic: Americans Abandoning Citizenship In Record Numbers Due To Government Tax/Fine...

2012-04-22 13:38:22

View Postilyushin, on 2012-04-22 11:44:44, said:


Yesterday, I met with an officer from a Thai bank and she mentioned to me that the US government is pressuring Thai banks to sign an agreement to identify US citizens and green card holder accounts in Thailand. She said that it would all be in place after about 2 years. FATCA is expected to deduct taxes directly from accounts. It is an administrative nightmare, but will be a reality soon.

Not too worried as I deal with my taxes, but some will certainly have problems.

Thanks, ilyushin, this is what I was looking for: actual first-hand knowledge of what Thai banks are doing re. FATCA.

In Topic: Americans Abandoning Citizenship In Record Numbers Due To Government Tax/Fine...

2012-04-21 13:52:16

View Postendure, on 2012-04-21 06:51:28, said:

I thought the USA was THE country that everyone in the world wants to immigrate to? That's what our cousins across the Pond keep telling us - loudly   Posted Image

The link posted by the OP says that 1800 US citizens renounced their citizenship.  

In 2011, 694,193 foreign nationals over the age of 18 became US citizens, 9246 from the United Kingdom. Get it, cousin?

http://www.dhs.gov/x...atz_fr_2011.pdf

In Topic: The Band's Levon Helm Dies At 71

2012-04-20 08:07:48

RIP Levon, thanks for all the great music.

In Topic: Americans Abandoning Citizenship In Record Numbers Due To Government Tax/Fine...

2012-04-18 16:32:33

View PostSoutpeel, on 2012-04-18 16:08:07, said:

Of course they can I was talking about an "offshore account", American's working in Singapore would be paying Singapore tax and they can prove to the Singapore bank.


You could very well be right Soutpeel but in everything I've read the IRS makes no such distinction. I understand it as the IRS wanting foreign banks to inform them of any Americans who have accounts with them. That's part of the problem of course, the law is so poorly written and vague that even long-term expatriate tax experts are pulling their hair out.

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