jerrymahoney

You asked WHY? That is why it never occurred to me that I was liable for taxes although I completely agree the more than 60K level requiring a filing was always there.,

When I worked in advertising a long time ago, when there were still newspaper grocery store coupons, there was a given norm: The 2 groups of people who most used those coupons were from either the very poor or the very rich. With health insurance, it is possible get out of it a lot more than you put in. And the typical rich person would be kicking themselves silly if they DID get real sick and had to pay the bill far exceeding what even high care insurance would have cost.

For 10+ years I received an affidavit from the US Embassy for 65K+ income either at the embassy in Bangkok or on counselor outreach. And for all those years I then received the one-year extension with me physically present in the Immigration office. Neither the US Embassy counselor officials nor any IMM officer in 2 different locations ever suggested there was any Thailand tax obligations related to my stated or proved foreign-sourced income.

And just to note as a general 'matter': https://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/United-States-Tax-Residency.pdf

Because the bulk of that will be from US Social Security which is covered by US-Thailand DTA Article 20 Par. 2 and the top-off will be from a source which meets the definition of 'annuity' under the same DTA Article 20 Par. 3 So even is the annuity is not covered for tax purposes, after all the deductions including the age 65 + 190K baht per year and the 150K 0% tax level, the remaining amount will be in the 150K to 300K bracket that will be taxed at 5% or roughly 3000 baht.

I feel left out and am very concerned. Have you considered therapy?

Not to worry. I expect to be tax resident. But even Jim "I'm-OK-you're-not-OK" G. says I should relax. Any tax I might be charged -- if any -- would probably be around $US100 per year.

Well my first 65K+ baht deposit for extension of stay via retirement landed at my Thai bank account 02JAN2024. Now ...

What's the point of getting health insurance if serious conditions are excluded? None. You nailed it. I rest my case. This should be pinned. I couldn't have said it better myself.

They are the middlemen who distribute money from people lucky enough to have access to earn dollars to the unfortunates who don't have the luck to earn dollars. I like it when people say the Agent-ImmO-no 800k in the bank routine will never change because there's too much money in it. And just how much of that money do the Revenue folks now get?

So it's Taxes 191 pages God * 605 pages God wins. * Do you believe in God and why

Yes it is a bit off a tent-city. But I am lucky that they are a family all of whom are hard workers and the only time they can all get together is New Year's and SongKran. So I am happy to help defray the costs as long as I can just take it easy at home.

This is a photo of the annual New Year's outing of my wife's family. Lots of driving and then lots of drinking. I do not attend. I just pay for the bulk of the drinking and diesel cost which gives me a pass to just stay at home.

Or as the late former Defense Secretary Donald Rumsfeld put it in a Press conference 12 FEB 2002: Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tends to be the difficult ones. https://en.wikipedia.org/wiki/There_are_unknown_unknowns

Several lawsuits and ballot challenges asserting that Cruz was ineligible to become U.S. president were filed at the time. None were successful, and in February 2016, the Illinois Board of Elections ruled in Cruz's favor, stating, "The candidate is a natural born citizen by virtue of being born in Canada to his mother who was a U.S. citizen at the time of his birth." Cruz's mother was born in Wilmington, Delaware. She is of three-quarters Irish and one-quarter Italian descent, and earned an undergraduate degree in mathematics from Rice University in the 1950s. https://en.wikipedia.org/wiki/Ted_Cruz

Ok. No big deal. And as we say now in 20% of the US population: Feliz año nuevo

Musta got that answer from a ChatBot.

I agree.

What offices? Some offices ask for a source-of -funds letter but I don't see that as a tax-certificate equivalent. And scaremongering is when your intent is to make someone scared.

REDUX My post 9 OCT 23 a hundred pages back: But as long as there is some hiatus here, I would just like to note I have been on the receiving end of 2 doomsday scenarios: 1. Immigration Officer: "You farang -- you have retirement income of 65k per month. Show me your Thai tax return for your visa extension of stay showing that you paid tax on income of 65k monthly. 2. Be careful mate. That (65k) will bring you to their (RD) attention. ... and it is always better to not get noticed by any Thai Govt person or office. I wish you scaremongers were better coordinated. Edited October 9 by jerrymahoney

You folks are looking at very hi-tech where the answer may be very lo-tech. Note: “Remittance of income into Thailand” is defined as any action in bringing the income sourced abroad into Thailand, including wiring money from a bank account, transferring money via e-banking, or physically carrying cash into Thailand. However, the FAQ did not confirm whether spending money in Thailand from an offshore bank account, credit card, or debit card could be considered a remittance of income into Thailand. https://www.mazars.co.th/content/download/1175616/59807824/version//file/Technical-update-November-2023.pdf Page 3 So what if Revenue says that these offshore ATM withdrawals and credit card transactions are an income remittance into Thailand and DO have to be reported. And they also say: We do not have the mechanism, as yet, to track these individual transactions from ex-Thailand sources. But you are still required to report them as truthful on your tax form and, if you do not include them on your form, or you do not file a form if so required, then you are (intentionally) in violation of the tax code.

Sure but how many replies were there on this and similar topics to wit: How will they ever find out if ...?

While it has been oft noted on this topic, any new Revenue regime would require new legislation and the Gazette, etc., the Revenue folks already have a trifecta of regulations at their disposal: TAX EVASION LAWS: https://sherrings.com/tax-evasion-in-thailand.html

Many corporate-type emails these days conclude with a notice like this: Please consider the environment before printing this email So now we have a new excuse for using an agent to bribe an immigration official for an exension of stay: It is more ecologically sound.

From the Billy Wilder screenplay for Some Like It Hot (1959: (The 1929 annual meeting 'Friends of the Italian Opera aka 'The Mafia') And what's good for the country is good for us. In the last fiscal year, our income was a hundred and twelve million dollars before taxes -- only we ain't paying no taxes. (The delegates applaud.)