Inheritance tax is also ridiculous here. There's a 36 million yen exemption, and then after that a horrific sliding scale whereby the more you leave behind, the more they screw you. The maximum rate is over 50%.
Basically, taxes in Japan are very low when you're alive, but then they really nail you when you're dead.
I earned 2. The inheritance tax is a hot topic for some. I sympathize with people from high tax countries who argue against inheritance tax on the basis that the person who had the wealth had already paid tax on the money. I understand why there is some tax in the USA (because personal income taxes are low and the inheritance tax attaches at a higher amount). The Thai tax approach seems reasonable.
I do feel for UK residents who really get screwed with the inheritance and personal income tax rates. It is a diabolical tax structure that punishes people who create wealth.
I was clueless on the VAT tax rate.
I don't disagree with much of that
I don't like places like Samui where you can't see the sea
But the fact is many tourists want the services
This is a live shot of Surin today
I think it a good outcome
Have the restaurants and beds up and the sand free
I must admit I like a beer and going out in the evening but seriously 4 a.m ? If you need to stay out till that time you may have a problem, I can see why maybe nightclubs would stay open so late but the majority of the nightlife surely doesn’t need to stay open till that time? I’m pretty sure most of the staff won’t get paid for the extra hours they are required to work either. Will it truly help the tourist industry I kinda doubt it, just my opinion.