NoDisplayName

Is that a "common sense" or "hopeful" interpretation? In that case nobody would ever file, because it would be up to RTD to track down every individual (non)taxpayer and prove tax was owed. Tax office ladies would never ask the source of remittances if the default was savings. This is not the legal system, it's tax bureaucracy, where everyone is assumed guilty until they prove themselves innocent.

I would suggest the assumption will be any funds remitted will be considered assessable unless shown otherwise.

I understand you did your research, but the second link is irrelevant, and the first does not support your claim that the United States does not "permit" foreign governments to tax US citizen tax residents. The United States taxes the worldwide income of its nonresident citizens using the same tax rates as for residents. To mitigate double taxation, nonresident citizens may exclude some of their foreign income from work from U.S. taxation and take credit for income tax paid to other countries, and those residing in some countries with tax treaties may also exclude a few types of foreign income from U.S. taxation, but they must still file a U.S. tax return to claim the exclusion or credit even if they result in no tax liability.[138][139] U.S. citizens abroad, like U.S. residents, are defined as "U.S. persons" and thus are also subject to various reporting requirements regarding foreign finances, such as FBAR, FATCA, and IRS forms 3520, 5471, 8621 and 8938. The penalties for failure to file these forms on time are often much higher than the penalties for not paying the tax itself. This certainly doesn't prevent Thailand from taxing US-based income. This tells me what/how the US taxes. Do you mean tax treaties? Tax treaties exist between many countries on a bilateral basis to prevent double taxation (taxes levied twice on the same income, profit, capital gain, inheritance or other item). In some countries they are also known as double taxation agreements, double tax treaties, or tax information exchange agreements (TIEA). No details of the US-Thai tax treaty provided. You won't be able to walk into Thai tax court quoting Wikipedia. That would be about as successful as a sovereign citizen claiming "But officer, I'm not driving, I'm traveling. This is a not a motor vehicle, it's a vessel. The US constitution grants the right of free travel under Admiralty Law!! I don't need a license or insurance or registration. I did my own research!!"

I promise to read the wikipedia article when you post a link, thanks.

Nice citiations, but unfortunately they have nothing to do with foreign countries NOT taxing US citizens tax resident there. First two citations are for taxation of multinational companies. Final citation applies to US citizens filing abroad. Give it another shot, please. Your award is still pending!

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Not the point. We're not arguing whether an expat can survive on 5000 baht/month in rural Issan. This was TRD not issuing certain forms without a tax filing. Easy solution - file tax. If you're living on ANY savings you have a savings account earning interest with withholding tax of 15%. File a return to get that 50 baht refunded, then apply for your tax form.

Living off savings in Thailand assumes savings, meaning some interest earned and taxed. File a tax return for refund of tax paid.

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The narrative is taking hold.

How so? The ueber-rich will avoid this tax like they do all the others rules made for the little people. Middle income types will stay if they have established families, or they will leave, with plenty of Chinese willing to purchase their properties. He might even be buying up all the cheaper condos to sell to former tax resident ex-pats as 175-day time-shares.

Thousands of houses, mobile homes on own lots, land in Texas can be purchased under your $1000 monthly rent limit. No state income tax, homestead and senior exemptions, VA loans. When Thailand decides to tax worldwide income.............

More thai maff? Total GDP is only 18.5 trillion baht.

Vo-tec students major in ping-pong ball bombmaking and machete-fu, with internships in motorcycle gang rumble time.

That's quite a magical feet! Converting a GDP of US$500 billion, or THB 18.4 trillion, into a 200 trillion baht education budget. Must be all those hours of Thai maff edumacation.

Still waiting on activation. Tax e-File site for registration or login. https://efiling.rd.go.th/rd-cms/ Won't know until next week if I am to register using the Thai script name from the pink ID, or the English name on the old TIN card. Wife told me (just now!) that office lady asked which we preferred, and wifi chose English name. If so, that might smooth direct deposit of any refund checks.

Maybe. I just found the English version of the deduction rules, where it states (page 19): Interpret.

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I was just joshin' when asking if the deduction only applied to Thai health insurance. I didn't think even the Thais would do that. I gave them too much credit.

Under the new 2024 tax law, I intend to keep annual remittances in the 300-350K range. Add to that already taxed Thai dividends and interest. Hardly worth the effort of an audit, where if ALL remittances are determined to be assessable income, will result in at most 2,000 baht tax (plus small fine?) Who conducts the audit? District office or Provincial office or Bangkok?

Due to nationality, I must take actions based on both Thai tax residency and US global tax hegemony. My first and main responsibility is to faithfully follow the rules established by my masters in Mordor. Regardless of where my meatbag physically resides, there is forever and always "One Tax Code to rule them all, One Tax Code to find them, One Tax Treaty to bring them all, and in the darkness bind them" Transferring ANY savings or income must be done in the context of how my masters will view my temporary stewardship of what they believe to be their property.

We need clarification on the deductions. @Mike Lister As a SINGLE filer under 65 with no pension, I can claim 60K for myself, 60K for wife, 25K for health insurance premium paid for self, and the first 150K is taxed at 0%. That's 295,000 baht for certain. There is a separate line for wife 60K deduction, and separate lines for parents' health insurance premium paid on the tax form, but NO separate line for wife's premium paid. Are there different versions of the form for filing single or married? How and where would I claim wife's health insurance deduction? Is the deduction tied to whether the health insurance premium is paid to a Thai company? If we file married, does this change the bracket for the 0% tax rate (as on US tax rate charts)?

House is paid off, pickumup truck is paid off. That leaves 25,000 baht/month for food and utilities. Also drawing down some Thai savings accounts instead of remitting more cash. But we don't want this to turn into a "I can live on 10,000 baht per month in Bangkok" thread.

The only reason Ed wound up in Russia is that the US regime cancelled his passport as he was waiting to transfer flights at a Moskau airport.