NoDisplayName

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.

I understand this part: 1. Tax Resident - Check. 2. Remit a Pension - Check 3. Pension not taxable by Thailand under DTA - Check 4. NO tax return required - Check Yes, Virginia, you do benefit from a tax credit paid to the source country on your assessable income. But NOT on the tax forms. You deduct them from your tax calculations when you are self-determining whether you need to file. Alternatively, you can attend a TRD office, let them fiddle with the documentation, decide you don't owe tax, and they either tell you not to file, or they manually enter suitable numbers in the wrong blanks in order to get the right answer. You can't do this by your lonesome, it's not possible with Thai tax forms. Only a manager-level officer can override the rules to approve a wonky return.

She is wrong. No mention of assessable vs. non-assessable. No mention of threshold filing limit. You read that wrong. Only an assessable pension, if not exempt under DTA. "Pension credits" do not exist on the tax forms. That's crazy talk, ok, guy. I couldn't take more than 60 seconds of her nonsense, ok, guy.

My understanding is that sometime during the last decade the TIN and pink ID systems were reorganized to use the same numbers. I had a 13-digit TIN from Bangkok in 2016, got pinkie from Korat in 2023. Different numbers. Online system did not recognize either. Went to local TRD, they cancelled my TIN, and called main Korat office to have pinkie activated for online use. I believe the activation is only to register pinkie with the online system. You should still be able to mail in paper returns using pink without activation.

If you have a pink ID, that is also your TIN. If not, get an interest withholding statement from your bank. Take that to TRD and tell them you need to file a return to claim a refund of withheld taxes. Don't mention the deposits, I believe you can fill an amended return later if you wish. You could get the TIN and tell them you'll file online to save them the trouble. ***DISCLAIMER: NOT ADVICE. FOR EXTERNAL USE ONLY.***

Pensions are considered income from employment, so would go in section 1(1), and then I believe you can deduct 50% (up to 100K) in section 1(5). Dividends would go in 3(4), or in 3(3) if from foreign companies. You need to enter the taxpayer ID of the bank/broker, don't know if they let you leave that blank, or let you enter 0 under tax withheld. I've never heard of anyone doing this. With zeroes and missing information, your return will shirley be flagged for additional documentation. Perhaps foreign statements will be accepted. You'll be the first to know!

I got my TIN in 2016. 13 digits. Got pinkie in 2023. TRD cancelled my TIN when they activated pinkie for online filing.

Now you're in the gray zone. Technically, according to the rule..........you probably should file a return even though you will owe nothing. But in the real world, most TRD offices seem to be telling people that if they don't owe, don't bother. If you file online and put all your assessable income under employment, if it's all employment-related, your allowances should bring you to zero tax. You can always do an online return to check the numbers, save it, but not submit until the mud has settled. Or you could take your assistant to the local office, show them the numbers. They'll either help you file a paper return, or they'll tell you to go home. ***NOT ADVICE. FOR ENTERTAINMENT PURPOSES ONLY.***

PN91 is for income ONLY from employment. and is considerably shorter than the PN90 which is for income from employment AND other sources. Interest and dividends and rental income is all other than employment. Refund of withholding tax is only possible with PN90. Think of the PN91 as sorta kinda like filing the old 1040EZ, which was a simplified version of the more complicated 1040 long-form tax return. No need to declare all ATM and debit card remittances. It comes down to the source of the funds. It's not the ATM withdrawal itself that would be taxed, it's the current year income you're bringing in through the ATM. Are you bringing in enough assessable funds to meet the requirements that you must file?

I'm not saying I don't believe you, but I don't believe you. Unless there's quite a bit more to the story, I'm calling shenanigans.

Yes, it can be a bother. My local branch has only two service desks, and only one service clerk. We'll get a number in the morning, go shopping, have lunch, return mid-afternoon and only have to wait half an hour. My local branch can produce the withholding statement, free of charge, in about 20 minutes. But my local branch will NOT include savings accounts. They only provide the statement for fixed accounts. YKMV

You can only file 3 years tax returns. Current year, plus two prior.

***UPDATE TO YEAR 2024 TAX FILING*** I filed online Jan 06 with no supporting documentation, assuming TRD had access to 2024 tax withholding data. Maybe this was too soon? Received a text message today to check the system for additional documentation request. I must now provide (*): 1. Certificate of withholding tax, Section 40(4)(a) Interest (bank deposits, bonds, etc.) 2. Marriage certificate (*) ONLY if I want a refund. The return was accepted and confirmed. If I ignore the document request, I've still filed a valid return. I just won't get withholding tax refunded. Last year, filing late, this documentation was not requested. I filed a joint return with my wife (no income), and requested refund of interest and dividend tax withholding. I declared NO remittances, and no other income. The Kenyan CRS Task Force has not arrived at my residence, and no jackbooted thugs are kicking in the door to drag me off for trial and deportation. Wish me lucky!!!

No. Worldwide taxation is being considered, with allegedly some preliminary legislation already having been drawn up. Under a global taxation scheme, all income worldwide....regardless of remittance........would be taxable by Thailand. Thailand still only taxes assessable income remitted into Thailand.

Don't guess, don't just 'think' and call it a day. The googles is indeed a thang. Generally, you do not need to pay tax or report overseas income received in Singapore, including income deposited into a Singapore bank account. However, you would need to pay tax on overseas income for the scenarios below. Overseas income that you pay tax on 1. You receive it through partnerships based in Singapore. 2. Your overseas employment is related to your Singapore employment (e.g. you need to travel abroad as part of your job). https://www.iras.gov.sg/taxes/individual-income-tax/basics-of-individual-income-tax/what-is-taxable-what-is-not/income-received-from-overseas But, but, but...........CRS!!!! But nothing! Here's a nifty explanation of how CRS and FATCA affect you. Hint: you inform financial institutions of your tax residency. "your financial institution will ask you for information on your jurisdiction of residence for tax purposes,". https://www.iras.gov.sg/taxes/international-tax/common-reporting-standard-(crs)/basic-information-for-account-holders-of-financial-institutions Why, Singapore has even published a handy-dandy flyer explaining just what CRS is and what your and your financial institution's responsibilities are! https://www.iras.gov.sg/media/docs/default-source/uploadedfiles/pdf/iras-crs-brochure-(1pg).pdf?sfvrsn=f060f938_4