NoDisplayName

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.

Live updates Trump enters Capitol for inauguration as predecessors Biden, Obama, Clinton, Bush look on Politics Biden announces blanket pardon for his brother James, burying family influence-peddling probe for good https://nypost.com/2025/01/20/us-news/biden-pardons-his-brother-james-biden/ “I believe in the rule of law...... the mere fact of being investigated or prosecuted can irreparably damage their reputations and finances.” Biden added: “That is why I am exercising my power under the Constitution to pardon James B. Biden, Sara Jones Biden, Valerie Biden Owens, John T. Owens, and Francis W. Biden.

Biden pardons his family in final minutes in office https://www.cnbc.com/2025/01/20/biden-pardons-family-members.html Trust me, y'all, dey dindunuffin!

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?

PN90 Personal Income Tax Return for taxpayer with income not only from employment PN91 Personal Income Tax Return for taxpayer with only income from employment under Section 40 (1) of the Revenue Code Only (1) Income derived from employment, whether in the form of salary, wage, per diem, bonus, bounty, gratuity, pension, house rent allowance, monetary value of rent-free residence provided by an employer, payment of debt liability of an employee made by an employer, or any money, property or benefit derived from employment. Makes sense. PN91 is the short form, only for employment income. Under the rules, pension is considered derived from employment. You have no other income streams? No Thai sourced interest or dividends? No remittances of capital gains or dividends from outside? Maybe you can answer some of our questions: Is your pension non-assessable, excluded by DTA? If so, if entered on your PN91, how do you deduct it? Do you pay any tax on your pension in your home country? If so, how do you claim a credit for foreign tax paid?

I hadda look it up, but the pardon begins from Jan 01 2014, which would include his drug abuse while in the Navy and his other than honourable discharge on Feb 18. Guess he gets to keep the benefits he lost when he was removed. Slate wiped clean. Like, with a cloth. Thanks, Big Guy®!!!!!

Haha. You funny, Joe. But tell me, what was Hunter's pardon for gun crimes, drug abuse and tax evasion based on? Wrongful conviction. Good behaviour. Change in law in relation to historical convictions. And which of these would justify a pre-emptive pardon for anything he might have done that hasn't been discovered yet, that coincidentally covers a time period starting just before his time at Burisma? 10% for the big guy goes a long way these days.

Thanks, daddy! I been a good boy!

It's amazing how broad the (p)resident's pardon power has become, essentially unlimited, now that it's not Trump potentially pardoning himself.

If you grew up in Virginia, it's still Lee-Jackson day.

What am I gonna do? Went to the seventy-leven today to pick up a suitable bottle to celebrate the inauguration. Will kick back and watch all the "trumper-tantrums" posted on Youtube. Life is good.

We could run some numbers, if anyone wants to take the lead. Let's say I have $36K social security, $15K dividends, $25K capital gains from stock sales, $25K in capital losses from other stock sales, plus $100K of pre-2023 savings in various forms, all co-mingled and running through multiple bank/broker accounts. With all that, let's say (I didn't do the maffs) I paid $1000 in tax to Uncle Scam. Due to other income, SOME of my social security is taxable in the US. I made 10K baht in interest on my 800K, and paid 1500 baht withholding tax. I transfer $50K to Thailand over the course of the year. In the real world............I can self-determine assessablility. I could declare that I remitted all pre-2024 savings, nothing assessable, nothing declared. No need to file, unless I want that juicy 1500 baht refund. Or I can self-determine i brought in a mix of social security and prior savings. Same. Ignoring the complications of the capital gains, and the offsetting capital losses not recognized by Thailand, we'll stick with social security and prior savings. Keep it simple for the learning experience. Under Kenyan CRS rules, I must declare that I remitted 1,700,000 baht under regular income: social security and prior savings. Not exactly sure where I should enter prior savings, but it was income at some time long ago. Single, young guy.......I get my 60K personal allowance, 100K exemption on pensions, which I enter on the tax form.........and now my declared taxable remitted income is 1,550,000 baht. How much do I owe? Let's see....Thai tax tables.... Egads! I owe 252,500 baht tax!!!!! Fortunately, Kenyan CRS tax forms can handle this! First, I'll take a $1000 tax credit for what I already paid to Uncle Scam. Let's see....it's right....ummmmm...........wait a minute! There's no entry field to deduct foreign tax credits! Oh, well, it's all for the best in the new world order, so I'll just eat it, cause it's for a good cause. Okay, fine, I need to pay some tax, right? I'll just deduct the amount of prior savings that TRD says is non-assessable. That entry field should be....right about................huh? No field to deduct pre-2024 savings? That's odd! But how bad can it be, right? Instead of that, I'll just deduct the amount of social security that is not taxable by Thailand under the DTA. Now where's that pesky blank? Huh? No blank to enter DTA information and deduct from taxable income? What's going on here? I've been reliably informed by infotainment journalists that I absolutely must report ALL remittances! At least I can get my interest withholding back? What's that? I can't because of my tax bracket? Well, that sucks.

Still at this, dawg? I'm truly sorry for you that the misinformed TRD lady in Pak Chong's backwater office told you to declare your entire remitted non-assessable pension, and then proceeded to incorrectly deduct it from the wrong section, merely to avoid admitting her misteak. Just remember, your personal anecdote does not determine the law. There is no provision on the form to claim foreign tax credits. There is no provision on the form to exclude excludable, non-taxable, non-assessable income once declared. Yes, I know.........Kenya signed up for CRS!!!

PN91 is for income from employment only. PN90 is for income from employment AND all other forms.

According to the regulations, we only declare assessable income, which in most cases means claiming DTA benefits is accomplished by the taxpayer self-determining what is and what is not taxable by Thailand, and NOT declaring income that is exempt. If not exempt, assessable income is declared. If over the taxpayer's TEDA, tax may be due. In rare instances a taxpayer may need to claim benefits under their DTA where it is not clear that the income is exempt. The tax forms do not allow for this, so an in-person filing is required, potentially needing paid representation. Tax office intervention is required, with a tax officially manually adjusting the filing.

Blanket statement? Thailand has DTA's with only 57 countries. Some DTA's permit Thailand to tax, some only the source country, some apparently both may tax, possibly allowing for credits. What of the other 140 or so countries, what about autonomous regions and territories? What about Musk's Mars base, and the Nazi regime on the dark side of the moon? Blanket statements, and journalists misinterpreting them to create interesting headlines, is what got us here in the first place. Nearly a quarter of this year's tax filing season has already passed. Nothing is going to land.

So you're still pushing your CRS nonsense. No, dear, you do NOT declare non-assessable income. Why? Because exempting non-assessable income on the tax forms is unpossible. Give it up, dawg.

I don't want them to help. I want the government to get out of my way.

But there is nothing there to help us. Perhaps a form of pension, but that doesn't make it non-assessable. It appears withdrawals or payments FROM the provident fund, or any provident fund, are taxable as pensions, unless covered by DTA There is only a line item for deduction of contributions TO the fund, which you could only take if you were employed in Thailand. That would not apply as any money you put into the fund in your home country, stays in your home country, and can't be remitted or claimed as a tax credit.

Unless someone successfully claims a deduction for a foreign pension as A provident fund, then assume this is only for THE provident fund, that being the legal definition of a Thai fund legally registered with the SEC. The Provident Fund is a fund established for voluntary participation between companies and employees, serving as a source of funds for employees in cases such as resignation,　retirement, illness, or death. Governed by the Provident Fund Act, the Thai government　regulates the Provident Fund, ensuring the rights of employees within the fund. (Source: Krungsri Asset) The deduction or provident fund on the PN90 is for contributions TO the fund, not withdrawals FROM the fund. Regardless, if a provident fund is a pension, that is taxable unless exempted by DTA.

The Revenue Departmental Instruction No. Por. 161/2566 Regarding the Payment of the Assessable Income under Section 41 Paragraph 2 of the Revenue Code IIn order for the Revenue officers to use this instruction as guidelines for the examination of, and recommendation to, taxpayers in Thailand having the income in accordance with Section 40 of the Revenue Code in the past tax year from an employment or from business carried on abroad or from a property situated abroad under Section 41 Paragraph 2, the Revenue Department issues the instruction as follows:Department issues the instruction as follows: Clause 1 Any persons residing in Thailand under Section 41 Paragraph 3 of the Revenue Code having assessable income from an employment or from business carried on abroad or from a property situated abroad under Section 41 Paragraph 2 of the Revenue Code in the aforesaid tax year, and bringing such assessable income into Thailand in any tax year shall take into account such assessable income to calculate income tax under Section 48 of the Revenue Code in the tax year such assessable income is brought into Thailand. Clause 2 All rules, regulations, instructions, rulings or practices which are in conflict or inconsistent with this Instruction shall be repealed. Clause 3 This instruction shall apply to assessable income brought into Thailand from 1 January 2024 onwards. Instructed dated: 15 September 2566 -Signature- (Mr. Lavaron Sangsanit) Director-General, the Revenue Department In Thai and English https://www.hlbthai.com/wp-content/uploads/2023/09/RD-Instruction-No.-Paw161-2566-Translation.pdf

We all know what the TRD means by assessable income, that being subject to Thai taxation. Income prior to Jan 2024 and certain pensions are exempt, not taxable, non-assessable, not to be declared on the tax forms. I've already schooled you on your CRS nonsense. You can google this one for yourself, m'kay?

Certain pensions are non-assessable, as is US social security. Instructions for PN90 tell us. No. 11 Tax Computation Two methods available. (1) Computation of Net-Income Tax In computing tax liability by using the Net-Income Tax method, a taxpayer has to take into account all assessable income arising in a tax year. (2) Computation of Gross-Income Tax If you have assessable income other than employment income Page 25 https://www.rd.go.th/fileadmin/download/english_form/2023/GUIDE_90_66_Complete.pdf Non-assessable income does not go into the calculations, as there is no way to deduct/remove them later. As to the tax credit, you might be able to use section 11, line 13. Maybe, but you'd need to provide some tax withholding certificate issued by the taxing authority. Good luck with that.