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tandor

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Posts posted by tandor

  1. On 5/19/2024 at 1:54 PM, Mike Lister said:

    This thread is a continuation of what was previously known as the long Tax thread which is linked here. The old thread, Part I, has been closed because it had become too long and unwieldy for members to usefully navigate.

     

    Several related tax threads exist and these are listed and linked below, this list will be updated as soon as new related threads are started.

     

    The Introduction to Personal Income Tax in Thailand, initially referred to as the Simple Tax Guide, is  here.

     

    Links to Thai Tax Consultancies  is here

     

    Legal Strategies to Reduce Thai Tax is here.

     

    Feedback from Revenue Contacts is here

     

    A discussion on Gift Tax is here (to be created)

     

    A link to the TRD English language site, containing tax forms, instructions, tax guide and useful extracts from the tax code, here.

     

    Copies of all Dual Tax Agreements' here.

     

     

    Thanks MikeLister for all you are doing..quick question for my elderly friend who has a Non Immig 'O' (Retirement) extension.

    He has registered with the TRD and has been given a Tax ID number.

    He lives on his Savings alone which were accrued in his country prior to January 1, 2014, of which he can provide proof of if requested by the TRD.

    Do you think this money would be assessable when it arrives into his Thai Savings Account?

    Your thoughts appreciated.

     

     

     

     

     

  2. 1 hour ago, Presnock said:

    You need to check your country's DTA carefully - my US DTA says specifically that my civil service pension can ONLY be taxed by the US govt.  Same with social security and if too low, the ss might below taxable income in US but still by virtue of the wording in the DTA it still is not taxable by Thailand, only the US.

    ..once again, this Topic is about Australian Pensions not US.

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  3. 5 hours ago, TigerandDog said:

    To the best of my knowledge Mike Lister has only ever posted re US & UK. I've never seen him make any reference to the Oz DTA.

     

    The TRD dopes NOT, based on my experience yesterday, consider the Australian Aged pension, when remitted into Thailand, as assessable as THEY deem it to be a social security payment, which under Thai tax law is not taxable.

    ..whatever, but Posters in his Topic have discussed it, probably off Topic.

    As you are aware you can download all the Dual Taxation Agreements in PDF to make your own determinations.

    I contacted the ATO a few months ago for clarification, all they could advise is follow what it says and do not avoid/evade paying taxation..(wow that was a revelation).

    Today i went to my local TRD and on presenting my filled in Form 91 was asked, 'is this for Thai Immigration'...hmm!, 'no' i replied.  The Clerk proceeded to open TRD online and entered all my information. She clarified that seeing as was a former State Government employee and therefore a Contributor to a compulsory Superannuation scheme, i did not have those monies assessed by the TRD. (I asked about the Aged Pension, but was told it was Assessable..

    She then deleted all the entries she had made and signed out, telling me there was no need for me to lodge a Tax Return in Thailand as no tax was payable in my situation having limited Income and Deductions. She handed me the Attachment below and wished me a Happy New Year. FYI

     

    Scan_20250114.jpg

  4. 9 minutes ago, Puccini said:

     

    What does Thailand's DTA with Australia say about it?

    Australian Aged Pension is under the Tax Threshhold; however in the eyes of the TRD it is Foreign Sourced Income with no Tax having been paid in the Contracting State, therefore assessable in Thailand. Regarding Superannuation if you worked for the Government (Federal/State/Local Government instrumentality) then that Pension is Non-assessable. That is my take. (Have a look at AseansNow member MikeLister's thread on this).

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