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Expat CounselTAXES IN THAILAND Part IX: Tax calculation, carrying the example
12/02/2012 : Last week we discussed how an individual's taxable income is determined in Thailand. We used an example of an engineer working on a pipeline in Thailand who was married to a teacher. They live with their four children and their mother-in-law in Bangkok. In the example, after taking into account all of the deductions and exemptions, we concluded that their taxable income was 1,557,500 baht.
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She shall not be moved
12/02/2012 : Five years ago, Boeung Kak Lake was Phnom Penh's largest. It served as home to some 20,000 Cambodians as well as the capital's backpacker ghetto, where foreign travellers would sit on guest house patios in a cannabis haze to watch the sun set over the waters and finish another Angkor Beer. And although the lake was full of sewage and debris and was hardly pristine, it served as an important catchment basin for the capital, providing equilibrium during the wet and dry seasons.
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Is the end of the world a good time to invest?
08/01/2012 : Hopefully the film 2012 won't prove prophetic. In 2012 we saw the end of the majority of human life. A perfect prequel might be called 2011 with floods, earthquakes and near global financial collapse. Anyway, it might be a good idea to keep Dec 21, 2012 free on your calendar, as this is the date some say the Maya predict the world will end.

Anwar verdict to test political waters
08/01/2012 : After two years of graphic and often offending evidence Malaysians will find out tomorrow whether opposition leader, Anwar Ibrahim, will spend up to 20 years behind bars when a verdict is handed down in his sodomy trial.

Shuffling deck chairs with debt
08/01/2012 : The 1997 financial crisis was rooted in speculative excess and financial alchemy through the boom years of the 1990s. During a bubble, money comes fast and easy. And when the bubble bursts, it's those who are last to leave that are saddled with the costs.

Couple lifted out of anguish with new home and new lives
08/01/2012 : Wichean Lumlha was a very happy man during the week of Dec 12-19. It was a very special time for him and his wife Lamyai Bunlead as they watched their new home being built by Habitat for Humanity Thailand in Mahasorn village in Lop Buri's Ban Mi district after losing their old one to last year's devastating floods.

The things that I'm certain will happen in 2012, Even though I'm sure they won't happen
01/01/2012 : The top stories, the bombastic personalities and the tragic events _ the news is a dish of vibrant tastes. You know them. You lived through them. News that made you laugh, columns that made you cry; stories that had you foaming at the mouth, developments that left your stomach churning.

Living over troubled waters
01/01/2012 : Obstructions along canals in Bangkok and nearby provinces are commonly cited as a major factor behind this year's flood disaster. However, clearing them has proved a thorny issue for authorities as it means not only removing debris and sediment, but also tearing down people's makeshift homes.

Freed Burmese comic set to stand up and deliver
25/12/2011 : Burma's most famous dissident comedian, who survived "electronic shock" torture during eight years in prison, has been allowed out of the country for the first time and is travelling to the Clinton Foundation in the US while requesting that US economic sanctions be lifted.

Closing chapters: the deaths of 2011
25/12/2011 : STEVE JOBS: Steve Jobs died at the age of 56, but he might have lived to 100 with a little more thought. One of the greatest minds in technology decided he could cure cancer with homeopathic medicine - and by the time he realised how dumb that was, the disease had taken hold.

Party zone _ enter at your own risk
25/12/2011 : When Bangkok's nightclubs close around 2am, party people still in the mood for fun move on. From the latest in-vogue hotspot they venture to places that operate in a grey area of legality but are left untouched because of large daily or monthly payments made to local police stations.

'Lucky man' _ the mystery of an uncanny con
18/12/2011 : He goes by the name John Singh. Or Yogi. Or Bob. He has a tattoo on his right hand or wears a turban. He'll approach you on Sukhumvit Road between Nana and Asok, off Khao San Road or in Pattaya or Patong. The opening line often goes like this: "You are a lucky man _ want to know why?" Then he'll tell you something about your life no stranger should know. Out of curiosity you stop and listen for more.
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