NoDisplayName

Assessable is a concept within the Thai tax code. I know we're in Thailand, but do try out the laws of logic. Good things will, shirley, come your way. The law of identity: assessable is assessable. The law of non-contradiction: assessable is not non-assessable. The law of excluded middle: Either assessable or non-assessable. Try getting your head around that concept.

Why ask? I was already there in the office to get access to the online filing system. (TIN canceled, pinkie activated). Change in rule interpretation had recently gone into effect. Seemed like a good time to ask whether I would be affected in any way. I was in the office, my wife translator was with me, I had the undivided attention of the office manager, and I was planning to file three late online tax returns. The big chief in a small pond confirmed the only change was that only assessable (that word appears in the tax instructions) remittances need be declared, only assessable remittances enter into the PIT calculations, and that if the total of my assessable remittances fall below the 120K (filing joint) threshhold, I am not required to file a tax return. I could not submit the 2023 return then, as I had not yet obtained a bank withholding statement. I was surprised when I was able to file three late returns without providing the bank statements, and that they were approved, and that I received the 2023 refund immediately. A month later, I was notified that 2021 and 2022 bank statements were needed. And really, the point of the exercise was to get set up on the online system, and to get a 3-year history of completed and approved tax returns if sometime in the future the TRD folks called to request an interview. Now I know how to file Thai language forms. I know which remittances are assessable. I know that if remittances are not assessable, they are invisible to the Thai tax system. I know what documentation I need to file onlline. I know how to submit requested documentation online when requested. I learned that a late filing fee of 200 baht is required (apparently) only once per year, required for the 2023 return, but not the other two. I learned how to use the Thai system to access my Bangkok Bank account and transfer the fee online during the return filing process. I learned how to download approved tax returns digitally stamped by the TRD, as well as TRD receipts showing no tax due. I logged into the system on the 4th and in about 20 minutes filed my 2024 return with no documentation. I erroneously thought the online system had access to current year withholding. It is possible that it does, but was too early in the tax season. My filing was accepted, and a request was made for the bank statement and marriage certificate. I'm all set up and have no concerns unless global taxation goes into effect. But for that, I have a cunning plan!

And this one is currently under indictment for war crimes!!!!

Were you aware that America celebrated a nazi yesterday?

As requested, two nazi salutes.

"Ask me the five.....no, three!....questions, bridgekeeper. I am not afraid!" Non-O (retirement) extension. No Thai-source income other than bank interest and dividends, total under 20K. Filing joint, wife has no income. Not receiving a pension. All remittances are pre-2024 savings. Total slightly above my TEDA for assessable remittances, but irrelevant as I self-determine all remittances to be non-assessable. I printed off a list of Wise transfers when I went to my local office. TRD lady asked salary or pension? I said prior savings. She accepted that and said no need to file unless claiming refund of withholding.

I'm going to bet a bottle of fish sauce that they are asking for a copy of your bank interest withholding statement. Won't know until someone files and reports here. Filed online 2023, no documentation requested. Refund refunded. Filed online 2024, also no documentation needed to file and be approved. But ten days later received a request for a bank withholding statement. If I submit that, I get a refund. If I do not submit the form, I don't get a refund. Either way the return has been accepted and approved. I assume I can just ignore it, and forego the refund with no repercussions, but wouldn't claim to know for certain. I'll get a statement next time I'm downtown, still have a couple months to respond.

Under the present system, the taxpayer determines which remittances are assessable according to the tax regulations. Those that are assessable are included in the PIT calculations. Those that are NOT assessable are NOT included in the PIT calculations. Supporting documentation would be required if audited, but that doesn't seem to happen often. I am aware of only two forum members subjected to audit; one was running a business in Thailand, the other was employed for years, quit the job and stopped filing returns. No documentation normally needed if filing in person. The clerk will ask source of remitted funds, you say "prior savings", clerk says "you no file."

You mis-spelled "assessable income."

Great find! From 28:00-30:30 they confirmed that if your remittances are not assessable, you don't need a TIN and you don't need to file. If you remit assessable income over the threshold (60k), then you need to file a return, and may potentially owe tax. At 31:30 they tell us that pensions are assessable if not excluded. We know US social security is excluded, as are many government pensions, so check your DTA's, boys and girls. At 38:00 we're told we can take a tax credit on the tax form, but no detail given. ( Appears to be a miscommunication, unless someone can point out just how to take a foreign tax credit.) So this confirms TRD is only interested in assessable income, no need to declare all remittances to include non-assessable income. This is good news.

This hamburgler? But c'mon, man! Picking at the First Lady's wardrobe? Talk about petty.

Do you or wife pay life or health insurance premiums to a thai company?

Is your pension considered assessable income for Thai taxation?

This is not what would normally be considered a tax credit. I would expect that if you paid 39K equivalent in UK tax, then you would deduct 39K from your Thai tax due. Your method, by subtracting the tax paid from the total remittance BEFORE calculating Thai tax, merely gives you a 5% effective tax credit for what you paid in the UK. Had you owed tax, your tax credit as described would amount to a 2000 baht reduction on your tax bill.

Could you explain how the foreign tax deduction was claimed on the tax form? Was this just the tax official acknowledging that you paid some tax but not used in the calculations, or was it actually deducted at some point from your tax due?

"Penciled-in" a "draft" incorrectly to get rid of you. It won't be the first time a Thai official (tax, police, land office, bank, immigration) made up something, anything, to avoid saying "I don't know." Come back when you've filed and been approved. Until then it's, how you say,...........bupkis. Good lucky.

That would be your tax return. No, you have an incorrectly penciled-in "draft." You have nothing of relevant substance until you file a return.

Wife and I went in because I was trying to file online, but system would not recognize my old TIN or new pink ID number (not same). That was July 2024. I wanted to get a history of tax returns after reading about the change in interpretation of tax regulations concerning remittances, and before potential worldwide taxation legislation was introduced. The next week I filed three years of late returns. We got the pink ID activated, they canceled the old TIN, and I asked her about my filing requirements. I provided a list of all remittance amounts and dates, and the total was slightly over my TEDA for assessable remittances. TEDA never came into play, as no remitted funds were taxable.

So you have nothing. Just an incorrectly penciled-in "draft." Come back when you've filed. Yes, another poster has an ASSESSABLE pension. He does not claim a foreign tax credit, he does not deduct his non-assessable pension, he does not pass GO, he does not collect $200. If I remember correctly, after deducting TEDA and with the 150K zero tax bracket, he does pay a small amount of tax in Thailand. The PN91 is for income from employment only, it's the short form. The PN90 is for income from all sources. As you (surprisingly!) correctly pointed out, pensions are considered income derived from employment. If that's all the other poster is claiming, then of course he'd use the employment income only tax form. **EDIT** Poster in question is @samtam who stated on page 21: None of my assessable income is from employment, but from pension and dividends in 2024, all untaxed at source and brought in through ATM, Debit Card, FPS or Credit Card expenditure, all below my TEDA. So all assessable income, but not claiming tax credit or DTA benefits. Filing, but below TEDA, so no tax due. Not relevant to discussion.

Unsure if "tax-free" in home country is the relevant question. Is the money assessable by Thailand? Is it covered under your DTA?

Silly, the misteak was intended. I did visit my tax office. Showed the lady a list of my remittances. She asked "salary or pension"? I said neither, prior savings. She said non-assessable is not reported, no filing necessary unless requesting a refund of withholding tax. I filed online last year 2021, 2022, 2023 taxes, declared no remitted income, had them approved, and received refunds. I filed online (Jan 04) my 2024 return, declared no remitted income, had it approved. Got a system request to provide marriage certificate (filing jointly) and bank withholding statement (surprisingly not requested last year). I'll wait until next month to get the bank statement, no point in making two trips downtown. I've already filed. I've got an accepted return and an official receipt. Now tell us about YOU filing your draft.

Yes, you went to the tax office in podunk Pak Chong and put an uniformed oxygen sink on the spot, pointed out a misteak, and forced her to come up with something on the spot to avoid admitting her error. However,...............nothing she did at that point was in accordance with Thai tax regulations. She simply deducted the entire amount by plugging a number into a non-relevant blank. And yes, you posted a "draft" tax return. But you didn't file, did you? All your nonsense postings are based on a penciled in form incorrectly filled out by a frightened office lady who came up with something on the spot to get rid of the pesky foreigner. You did not file a tax return. Your story doesn't even rise to anecdote, let alone data. But first, I want you to provide specific instructions for how to: 1) claim foreign tax credit on Thai tax return 2) claim DTA benefit and deduct non-assessable income declared in section 1. Indicate which lines on the tax forms where I enter the numbers, and cite the tax code. You can't, it's unpossible. Go to the local tax office you report to and submit that "draft", have it accepted and approved. Then we'll talk.

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What does that mean before translation into English? If my country has a DTA with Thailand, then 1) I don't need to file (present) a Thai tax return at all? 2) I don't need to submit (present) a copy of my national tax return when I file a Thai tax return?