Business
AMCHAM taxation seminar for Americans

PHUKET: If you are an American and are baffled by the US tax regime on overseas residents, then you do not want to miss an AMCHAM – the American Chamber of Commerce – seminar on March 8 at the Holiday Inn Patong.
John Andes, tax partner at KPMG Thailand, will provide an overview of US taxpayers’ 2012 US income tax and information reporting requirements, including a discussion on the Report of Foreign Bank and Financial Accounts (FBAR) and the Statement of Foreign Financial Assets (Form 8938).
John will also discuss the American Taxpayer Relief Act of 2012 (ATRA), enacted January 2, 2013.
This law has wide ranging consequences for all US individual taxpayers for 2013 and onward. It both extended the “Bush tax cuts” for many middle and lower income taxpayers and significantly increased the tax rates for high income individuals.
These, along with previously enacted new Obama Care taxes taking effect in 2013, will significantly impact all US taxpayers. He will also present an overview of the Foreign Account Tax Compliance Act (FATCA) and the impact to US taxpayers.
The seminar will take place in the conference room at the Holiday Inn Patong on March 8 from 12:45pm onward.
Registration will be from 11:30am to 12 noon followed by lunch.
The cost for members is 750 baht (non-members:1,000 baht) and includes a buffet lunch.
Pre-payment is required and bookings and payment can be made online by clicking here.
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Business
Turbulence ahead for Thailand’s aviation industry | VIDEO

When the airlines, in particular, were asking the government to put their hands in their pockets for some relief funding in August last year, it was genuinely thought that international tourists would be coming back for the high season in December and January. At the very least local tourists and expats would head back to the skies over the traditional holiday break. And surely the Chinese would be back for Chinese New Year?
As we know now, none of that happened. A resurge in cases started just south of Bangkok on December 20 last year, just before Christmas, kicking off another round of restrictions, pretty much killing off any possibility of a high season ‘bump’ for the tourist industry. Airlines slashed flights from their schedule, and hotels, which had dusted off their reception desks for the surge of tourists, shut their doors again.
Domestically, the hotel business saw 6 million room nights in the government’s latest stimulus campaign fully redeemed. But the air ticket quota of 2 million seats still has over 1.3 million seats unused. Local tourists mostly skipped flights and opted for destinations within driving distance of their homes.
As for international tourism… well that still seems months or years away, even now.
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Business
Domestic air passenger numbers double those of January

Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year.
Apirat Chaiwongnoi from the Department of Airports says 15 of Thailand’s 29 airports are now operating domestic flights, with more expected to follow. He believes the aviation sector will continue to recover further in the coming 6 months, bolstered by the national vaccine rollout.
Around 120 domestic flights a day are now operating, which is twice the number that were operating at the lowest point in the crisis. Prior to the resurgence of the virus in December, domestic passenger numbers had recovered to 30,000 – 40,000 a day, around 80% of pre-pandemic numbers.
The DoA says airports must continue to adhere to the Covid-19 hygiene measures put in place by the Health Ministry and the Civil Aviation Authority of Thailand.
SOURCE: Bangkok Post
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Coronavirus (Covid-19)
Samut Sakhon’s shrimp market to remain closed until February 15

Samut Sakhon’s Central Shrimp Market, the epicentre of Thailand’s recent wave of Covid-19, will remain closed until February 15. The market can reopen once the overall hygiene situation at the market and surrounding area has improved, according to the province’s disease control committee.
Local officials say the shrimp market needs to remain closed until the market structure and nearby residential facilities are inspected. People who violate the order face up to a year in prison and a fine up to 100,000 baht.
More than 12,000 people in the province have tested positive for Covid-19. The increasing number of infections is a result from the active case finding to contain the spread of the virus.
SOURCE: Thai PBS World | Thairath Online
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