I have just received my commission statement for September (see attacched) and note that it is under a new contract directly with Pacific Cross and that withholding tax has been deducted.
I may be confused, but when I discussed the issue at the Pattaya office with k. Tom, I was under the impression that I was applying for a BSI Broker code under k. Malai's name and broker qualification. This previous agreement via BSI was more suitable to me as I then do not have to concern myself with taxation issues.
Can we not revert to the BSI conduit for business with the 1% premium deduction and no tax implications?