NoDisplayName

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

You are free to work YOUR way through the list of CRS countries and try and identify (what I presume to be) the tiny minority that DO require tax residents to declare all foreign REMITTANCES, assessable or not. Take your time, I'll wait. But you'd be wasting your time. As we all know the only CRS requirement on the part of individuals is to self-identify using standard CRS (or FATCA for property of the US government) forms when opening an account, giving the financial institution the means to report your name and tax ID and total balances to the treasury and tax departments of the country, so that they in turn can prepare their annual report notifying the countries that their tax residents also have some form of tax residency and of their names and ID numbers and total balances.

How much of your remittances were assessable? If you go through an agent to file, I agree.

The TRD don't know you have remitted funds, exempt or not, unless you declare them.

Yeah, yeah, tell the TRD / Immigration that. That's what the TRD officers tell us! Immigration is not involved.

True, and your point is? Thousands have already filed, soon to be millions. There will be no new Thai forms issued middle of tax season that require all those who previously filed to re-submit declaring all the formerly non-reportable remittances. There will be no new English forms with reporting requirements different than those on the Thai forms. There is no requirement for foreigners to use English forms.

Nothing to worry about, unless worldwide taxation goes into effect. "If you don't remit, they must acquit!"

Bright fellow. Live streams his trespassing for the benefit of the RTP.

You've got a Thai assistant, the forms are simple, you have only a few items to declare, and you do not need to upload documentation unless requested. Only interest and a pension (that may not need to be declared, depending on your DTA). Either way, you'll be finished in 20 minutes. Remember to download a copy of your submitted form along with the TRD receipt. If you can't find the receipt immediately, the top menu bar has a check status option.

We got a lotta rich folks on this forum! My social security, once it kicks in, will be under 400K baht. Not even enough to qualify for a visa extension as married. I'd have to supplement that with picking up bottles on the roadside. But now that I'm a fully-fledged taxpayer in the Thai system, do I qualify for welfare? That 10K they promised will buy six months worth of mama noodles.

Can you convert to Roth? After 5 years, withdrawals are considered qualified, and there is no RMD.

Foreigners who remit exempt funds and understand their DTA, and any assessable remittances total under 60K do not need to file. But let's say you declare ALL your foreign remittances, assessable or not. If you are above TEDA and the 150K 0% band, you owe tax. There is no provision in the Thai tax forms to deduct declared remittances as non-assessable, there is no provision to claim a tax credit paid to a foreign revenue service. Not on the 2024 Thai forms already released, nor on the 2023 English forms on the website, and no indication that there will be any changes to the 2024 English forms. Otherwise, the Thai forms would have to be updated to match. And that's not gonna happen. As of Monday, 21% of this year's tax filing season has expired.