KhunHeineken

That's because you are are a predicable one trick pony, Lacessit. Never any content, just trolling.

I encouraged people to block me, rather than troll and personally attack me, but some members couldn't help themselves. I have never reported anyone or any post, and they took advantage of that. This still continues until today. If they were not interested in the biggest issue for Aussie expat pensioners in decades, added to by Thailand's recent taxing of foreigners, then why read the posts about the topic. No one forces you to participate. The main reason you blocked me was because I picked you up on one day you are posting how you were on a services pension, and the next day you were posting how you were on the aged pension, and you can't be on both pensions. Your only way out was to block me to avoid addressing your misleading and untruthful posting.

The main problem is those failing to recognize the Australian aged pension may be taxed in Thailand, and may be taxed in Australia, and possibly taxed in both countries. This leads to Australian pensioners living in Thailand having less pension money per fortnight which is is the most serious issue facing Aussie pensioners in decades, and very much on topic. The DTA with Germany is not "rubbish." Australia is updating its DTA's and will eventually update its treaty with Thailand, and it may look very similar to the treaty with Germany, and that's 15% tax from the source country, being Australia. I posted it as an example of a new treaty. I have since posted the newest DTA, starting 1st January 2024, with Iceland. The treaty has Article 17 and Article 19 that reads similarly to Thailand's Article 18 and Article 19, yet on the front page from treasury it states: "The source (paying) country may also tax any pensions paid under the social security legislation or other public schemes organised for social welfare purposes of that country." If, as per another member's "interpretation" Article 18 and 19 in the Thai tax treaty means pensions are not taxed in Australia if you are living in Thailand, why does the above appear? I was not the one who put forward the DTA with Thailand as tax legislation in which the debate started about pensions being taxed in the source country or otherwise. Another member put that forward and I have since posted some links to consider. By all means start another thread, but I disagree that taxing Aussie pensions, and discussing the Thai and Australian legislation that allows it, and for what percentage, and to which country, is not on topic in the "Australian Aged Pension" thread. It's very much on topic, and the most important topic this thread has ever had.

I just went to the search box at the top of this thread and typed in "portability" and whatever post the word "portability" appears in comes up for the searcher to read. Simple. If Lacessit allowed some latitude, perhaps we could have used his thread to carry on the topic there, but it wasn't to be.

Personal attack, trolling, flaming, abusive, and off topic. (not reported by me) When is the last time you posted any content?

You are flaming, trolling, personally attacking, and off topic again. (not reported by me) You requested the thread closed because you didn't agree with the information being posted on it. It didn't suit your narrative. When's the last time you posted any content?

I believe Australia's tax treaty with Iceland is the most recent treaty entered into with a participating country. It came into effect on the 1st January 2024. https://treasury.gov.au/media-release/iceland-tax-treaty "The source (paying) country may also tax any pensions paid under the social security legislation or other public schemes organised for social welfare purposes of that country." If you open the treaty link, it mentions Article 17 and Article 18, which are related to each other in a similar way to the Thailand treaty of 1989. I'll await your "interpretation" of it and then post my "interpretation" of it. These Articles read a little similarly to the Thailand treaty, which you have posted means Australia can not tax pensioners living overseas, yet, the above quote is on the front page. Remember, you can't just "forget about Article 18." Dated December 2023. Two new participating country tax treaties with Ukraine and Brazil. Updating the tax treaties with New Zealand, Korea, and Sweden. https://ministers.treasury.gov.au/ministers/andrew-leigh-2022/media-releases/australia-negotiate-new-tax-treaties-ukraine-and-brazil#:~:text=The Australian Government is expanding,Republic of Korea%2C and Sweden. If you have a look at the below link, Korea's tax treaty was signed in 1982. New Zealand lists multiple ranging from 1960 to 2009, and Sweden's was signed in 1981. Given Australia's unique relationship with New Zealand, if we look at Korea and Sweden being the next to be updated, and they are 1981 and 1982, perhaps it's not too long before they get around to updating Thailand's treaty which is 1989. https://treasury.gov.au/tax-treaties/income-tax-treaties As I have said in the past, and it's just my opinion, I believe the proposed changes to tax residency and the updating of Australia's tax treaties with the 40 or so countries were timed to compliment each other.

Haven't we already seen some change, starting 1st January 2024, by Thailand?

The proposed changes to tax residency, remember them, will have a direct effect on pensions, either through being taxed in Australia, or in Thailand, or both. Why do you think this is not on topic in the pension thread? The double taxation treaty between Australia and Thailand was put forward as a reason why pensioners will not pay tax in the source country, being Australia, and will only pay tax in Thailand, which is not as much as tax in Australia. Why do you think this is not on topic in the pension thread also? Thailand has recently started taxing foreigners. It's still early days to see how hey tweak their taxing of foreigners, but it's possible pensions are up for taxing as well. Is this not on topic in the pension thread? Australia has announced changes to their 90 year old tax residency laws which may or may not impact pensioner living overseas, but will definitely impact part pensioners. Is this not on topic in the pension thread? Aussie pensioners are facing some of the biggest changes in decades, from both Australia, and Thailand, and pensions are on the chopping block, and you don't see any of it as being on topic in the pension thread. There was a thread running "Australian pensioners retired in Thailand" but the OP, Lacessit, requested it be closed.

This is the Australia Pension thread. Ask any question you like. The current topic of debate is the single biggest issue facing Aussie expat pensioners / retirees in decades, but other issues can be discussed. No need to be nasty about it.

Did you consider the capital you are going to put into buying a property, the earnings of said capital, would subsidize the rent, and as a tenant, you have no other fees, taxes, commissions, legals, and maintenance to pay?

Yawn. This myth has already been debunked.

I wonder where you got that idea from. Better that marrying a Thai women.

Unless, of course, called upon as a nightwatchman 20 times, and see out the days play, and take wickets with the ball. Once again, your narrow and negative view on the world.

No, that's the aged pensioners in Germany paying 15% tax under a DTA that is more recent that the DTA Australia has with Thailand, and Australia is updating its DTA's with all countries. All of this is irrelevant, because it's the DTA with Germany, and it's possible the DTA Australia has with Thailand in the near future may very well look the same as the one with Germany. That said, it was YOU who said the pension is NOT TAXED in Australia and therefore CAN NOT be taxed overseas. Now, it appears, you are saying it can, and will be, taxed. Why don't you admit your were WRONG?

Off topic. Trolling. Baiting. Personal attack. Play the post/s, not the poster.

Yes. Trolling is obviously one of them.

Here's the link. https://www.financeminister.gov.au/media-release/2015/11/13/new-tax-treaty-signed-germany Here's the relevant section pertaining to pensions. Pensions Pensions are generally taxable only in the country of residence of the recipient. However: Social security benefits first paid after 31 December 2016 may also be taxed by the source country but the source country tax is limited to 15 per cent of the gross payment; Contributory pensions first paid after 31 December 2016 may be taxed in the source country if the pension is attributable to contributions that received certain tax concessions in the source country for at least a 15 year period; War persecution and similar pensions are exempt from taxation; and Government service pensions are taxable only in the country of residence if the individual is also a national of that country – otherwise, the pension is taxable only in the source country. The wording "first paid after 31 December 2016" did catch my eye. However, YOU did state pensions are not taxed in Australia and therefore are not taxed in any other country, so, I welcome your "interpretation" on the above.

I think we all have a fair idea how politicians work, and that is, for themselves, their own benefit, no matter what political party.

Why Confucius? You are the one banging on about "the law, the legislation." BUT, "forget about Article 19." Are the proposed changes to tax residency legislation "negative and misleading?" If so, can you state how so? Also, why no comment on the DTA with Germany? You are the one that stated the Australian aged pension is not taxed in Australia, and not taxed overseas. This is clearly WRONG for Aussie pensioners living in Germany, and probably other countries.

Didn't you state previously the pension is tax free in Australia, so it is also tax free no matter where you live overseas? Now, you are stating the pension can be taxed.

The member is solely focused on the current DTA with Thailand, and has totally disregarded a later DTA with Germany, in which it clearly states pensions will be taxed 15% from the source country, being Australia. (like previously provided) A link also previously provided states Australia is currently updating all of its DTA's with all countries. Once again, also disregarded by the member. Th DTA Australia has with Thailand today, very well may not be the DTA Australia has with Thailand in the near future. The more recent DTA with Germany is very clear, it's 15%, no Article 18 and Article 19, it's 15%. This is something the member refuses to accept ass a real possibility in the near future.

Why "can not" when Thailand gets 10%? Money Number One in Thailand. You know this. Minimal tax is still revenue. Why wouldn't Thailand want it from the millions of foreigners that live in Thailand?

You mean, the DTA that was made in 1989 that is set to change in the near future.

Tax should be looked at as just another bill to pay, and there's nothing illegal about minimizing that bill. Tax minimization is legal, tax avoidance is illegal. More your money around, take advantages of thresholds, low tax jurisdictions, favorable laws etc etc. Thailand now wants a cut of your money. I suggest Australia will not be far behind them, after all, in relation to pensioners, it is the Australian government's money, and none of it is going into the Australian economy, so it makes sense they want at least some of it back.