NoDisplayName

You don't understand either. Thailand signed the CRS treaty. So did Kenya and Nigeria. Sure, Singapore did as well, and they specifically notify foreign tax-residents that non-assessable income is not to be reported. But that's Singapore. They're not exactly known as a country of law-abiderers!

And again you misunderstand. A tax credit is deducted from tax due, not from remittance. Read the excerpt you yourself posted. A deduction from tax. Not a deduction prior to the tax calculations. Please stop giving bad advice. You haven't filed.

What you did was a "light" version of what everyone else does. We self-determine assessablility of remittances. Non-assessable income is disregarded when filing a return, removed from the equation before beginning Thai PIT calculations. You "disregarded" your tax credit amount by deducting it before your remittances went into the system. Unfortunately, that mistake would cost you. Had you owed tax, you would have gained a 2,000 baht reduction in tax owed when you should have received the entire 39,000 baht paid as foreign tax.

Today is day 22 of tax filing season. That's 25% of the period gone already. You still think new, revised forms are coming? Forms that do NOT match the Thai forms, having different filing declaration requirements? You think everyone who has already filed will have to re-file? You think foreigners will be required to use English forms, and not be permitted to use the more desirable Thai forms without the reporting requirements? Ha.

And there's the problem. We allegedly have a right under DTA and Thai tax law to claim a foreign tax credit, but no way to do so on the forms. The only way I can see around this is manual intervention by a TRD supervisor, massaging the data files on the computer. We cannot do this ourselves with the current forms.

Neither of those spaces exist. You have multiple spaces to list your various categories of assessable income. You have no spaces to list non-assessable income. You have no space indicated as "remitted." You have one line for specific exemptions relating solely to Thai income. You have no line to exempt non-assessable foreign income. You have no line to claim a DTA. You have no line to claim a tax credit. Have you filed yet? How'd that work out for you?

Apparently he thinks specifying "assessable" doesn't relate to what "non-assessable" entails. US federal election law says "citizens", either native or naturalized, have the right to vote. Under his interpretation, the law didn't specifically say "non-citizens", therefore illegal aliens are eligible to vote in US federal elections. Y'see, the law just says this particular category CAN vote. It doesn't specifically say that category can NOT. Therefore, I'ma go with the interpretation of some legal huckster on the intertubes trying to drum up business for his amulance-chasing lawfirm.

I'm confused...........are you/they/them/those saying "they" is Musk's preferred pronoun? Otherwise, I said immigrant, and that's a singular noun. Regardless, let's just assume Musk "identifies" as BLack. (note virtue signaling capitalization!) Man, it's tough to be woke. Hope Trump can fix this.

Poster clarified 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. think I'm going to file it all under 1 (1) as pension. (It's the UK State Pension. Dividends are from a tax free jurisdiction.) They are all paid outside of Thailand. So not all of it is used, and it only comes in through remittances, (as ATM, DC, FPS or CC). Dividends are not paid into Thailand. Poster remitted an assessable pension, not excluded by DTA, along with dividends. Do try to keep up.

Tis not a certificate. You may be thinking of the tax clearance certificate available at TRD, mentioned in laws currently not enforced. What the filer received at TRD, and what can be downloaded when filing online, is the receipt for taxes paid. You download this, along with your accepted tax return, when you successfully file online. Not same-same.

How selective. You've mentioned this return previously, been corrected, yet you repeat it. I'm beginning to understand what kind of "cyclist" your handle means. The person in question remitted an assessable pension, and after TEDA and 0% tax bracket, owed no tax. Easily done online. He did not declare a non-assessable by DTA pension. He did not deduct non-assessable remittances on the tax form. He remitted an assessable pension. He did not take a tax credit of about 39K baht equivalent paid. He incorrectly deducted the tax paid from the remittance amount prior to doing his PIT calculation. The tax lady didn't bother to correct him, probably as no tax due. Tax credits are deducted from tax owed, not from funds remitted. Had he owed tax, his "tax credit" would have amounted to a reduction of only 2000 baht. Duh.

In other words, taxpayer self-determines which remittances are non-assessable, does not report them on the tax form, and excludes them from PIT calculations. One of the first things to come out of their pieholes was that all the information you need is online, just log onto the TRD website.

There are actual Nazis in the US. The Nazi party is based in Arlington and usually runs candidates for president in states where they can get on the ballot. But I was thinking of Nationalist Zionists. If it ethnically cleanses like a duck, and if it genocides like a duck, then.........

My mistake, sorry. I was confusing a Nazi being charged with genocide, with a gentleman accused of evacuating children from an area being shelled by Nazis.

No, he's an African-American immigrant.

Now you're just repeating Kremlin propaganda.

You have not filed a tax return. Your claims are backed not by the tax code or real-life experience, but by misinformation and cherry-picked infotainment and quote mining. Duh, indeed.

That is correct. Total of bank interest and dividends is just under 20K. Tax is withheld at the source, 15% interest and 10% dividends. Filing for a refund is optional. Entering interest/dividend information on the return is optional. It does not need to be reported. Failure to do so simply means I forfeit my right to request a refund. I have more Thai income from capital gains via stock and mutual fund sales, but those are, how you say.....non-assessable....for the PIT calculations. All these forms of Thai income are taxable by the US. I faithfully report this income to Uncle Scam on my 1040 every year. If I paid tax in the US, I could claim a tax credit. But I do not pay tax in the US. I structure my finances to use the standard deduction and 0% capital gains brackets to earn about $60K in dividends and capital gains with zero tax due. This will change when social security is included in the mix, unless Trump follows through with his campaign promise to end tax on sociable security. And there's the potential problem. If Thailand moves to global taxation, that US income, although not remitted, will be considered...........assessable.....in Thailand. That will result in $10,000 tax due in Thailand each and every year, with no way to take a tax credit against zero tax paid. And it gets worse. The IRS allows capital losses to offset capital gains. Thailand, which does not tax Thai stock/fund capital gains, does NOT allow for this offset, meaning only gains would be reported, so the tax bill could be bigly higher! This will not do.

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.