1 Living permanently in Thailand and receive and remit a pension
2 For the 2024 Thai tax year, I will become a tax resident here at midnight 28 June
3 Prior to that time I am a not a Thai tax resident
4 So pension receipts remitted to Thailand before that time are not assessable income here
5 Such remittances after 28 June are assessable income
6 Allowances of 60 + 190 + 100 = 350,000THB are available for this tax year
7 There is no mention of those allowances being pro-rata for part of the year, so all available
8 The full allowances exceed my expected full aged pension 29 June to 31 December
9 So no Thai tax is payable for 2024
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My Double Tax Agreement says:-
“…... pensions and annuities paid to a resident of one of the Contracting States shall be taxable only in that State.”
And I read “resident ……” as “Thai tax resident”
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Offered in good faith and hope it will be helpful to many