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Re:Four-year professional visas get green light in Thailand by charlesdm on Monday August 21, 2017 @05:51AM (#15063264)
Also not a US citizen. Interesting -- very nice that there are no CFC laws! That said, I honestly don't understand why not every country has them. Not having CFC laws generally makes it super easy to avoid tax, leading to a massive loss of tax revenue.
Re:Four-year professional visas get green light in Thailand by pentae on Monday August 21, 2017 @03:08PM (#15066879)
Some would argue just because you live somewhere doesn't entitle the government to profits generated in another country that has nothing to do with them. Also in Thailands case they seem to just be happy as long as we are living there and spending money in their economy due to its appetite for tourism.
Re:Four-year professional visas get green light in Thailand by charlesdm on Monday August 21, 2017 @05:35PM (#15068049)
That's a valid argument. But if you're sitting in Thailand controlling an entity (i.e. making payments, etc) on say Jersey, does that argument make sense? It's an artificial arrangement for the most part. (Not that I'm against the practise since it's legally possible in some jurisdictions; just an observation)