The Cyclist

I believe reality has revealed There are some that are in denial and terrified that they might have to file a tax return Cannot think why, unless they are hiding something, or from something.

Geez, and you are still thick as mince and are nothing more than an internet pixel. Did you phone the Thai guy yet and put him right ? Let me know when you do.

As I have posed videos from the ranty American / Thai guy, the brit guy and the Thai Guy. No, I do not represent, or have any interest in any of them

See post above to gant. It is assessable income - File a tax return. It is not taxable - Due to DTA. A DTA does not exempt / give a free pass / excuse anyone, from complying with a Countries Tax Law. I never said it did. What it does say right at the end of the massive spiel, right before you hit DTA's is And I'm still going with, for taxes to be reduced or exempt, they first need to be declared.

Correct So if its assessable t needs filing Thus IPSO FACTO - Not taxable in Thailand due to DTA. Try and get your head around the fact that something can be both assessable and not taxable. " It's all kosher Guv, honest " isn't going to wash.

Not my assertion its his. US Social Security is assessable income if you are a tax resident, it is issued in 2024 and remitted in 2024. Told you 3 times, phone him and tell him he is wrong. Record the conversation and post it on here when he rips you a new one.

Start at 3 minutes - What is assessable income Through 4 minutes DTA's onto 4.39 US Social Security https://www.youtube.com/watch?v=4mNdXpvY1GQ You must be blind and deaf. So not much point in giving you this, even if you could read it, I doubt that you would understand it https://www.pwc.com/th/en/tax/assets/thai-tax/thai-tax-booklet-2024-25.pdf

Again, you miss the point by the length of the Mackenzie River. Well done you.

Well done Trigger I have highlighted the exclusive taxation rights clause on multiple occassions. What I am telling you is that exclusive taxation rights clause does not exempt anyone from complying with a Countries tax Law, if they are tax resident of that Country. To put that in simple language, that you might be able to understand. If you are a tax resident of Country A ( Thailand ) and Country A ( Thailand ) says " As a tax resident of Thailand, you will file a tax return, that is what you do. Being from a Country with a DTA with Country A ( Thailand ) does not change the fact that Thailand have now told you to file a tax return. Whether you pay tax or not, will depend on other factors. ( Like DTA's, certain Visa, amount of income, and various others ) If you cannot grasp those points. There is absolutely no point in replying.

No, yet again you miss the point completely A DTA says - Exclusive taxing rights. It does not say - You do not have to comply with a Countries Tax Policy, if you are a tax resident of that Country.I

Yes, the same info that I was given about 3 months ago, from a tax adviser. However, check the latest update, from Siam legal.

Holy Christ, that is not in dispute, There are many incomes that are only taxable in Canada, the US, The UK and every other Country that has a DTA with Thailand. US Social Security being one example, that lots of people use. Oh Dear Look what he says about US Social Security. Posted 2 days ago, so is the most up to date that we have.

I don't know, perhaps wait until the updated paperwork appears. Or you could phone an actual Tax Consultant and ask them. I'm actually in the same boat with my UK Government Pension. And I don't think your DTA Exempted income is as you think it is. Exempt from Tax, yes, exempt from filing, No.

Actually, you haven't. You have gave your interpretation of various bits and bobs.

Only for income that is earned in 2024, remitted to Thailand in 2024, and for 2024, you are a tax resident of Thailand.

Bold 1 Which may mean, is nowhere near good enough. Bold 2. Show me anywhere in any DTA that says this.

DTA's are nothing to do with Tax Filing. DTA's tell a Country ( In this case Thailand ) What they can, and cannot tax.

Did you not read this part ? Where did this come from ? Have you got a link to that ? Because I believe that the Tax Consultant, from Siam Legal, completely destroys that myth. Although to be fair, he uses US Social Security ( And not UK Government Pensions ) as his example. However, the same principle must apply to all sources of income that come under the Exclusive Taxation Rights clause. Providing one is a tax resident, and the money is dispersed and remitted from the 01 Jan 2024.

They were made 2 weeks ago, here https://aseannow.com/topic/1265383-ltr-visa-is-now-available-for-long-term-residency/page/89/#comment-18611885 I have. I previously believed that I did not need to file a tax return on my UK Government Pension. I have since corrected my view, based on information by a Thai National, who also happens to be a Tax Consultant, working for a large Legal Firm. I have also been informed by my Revenue Office that I need to file a tax return. I have all the relevant paperwork gathered, awaiting updated paperwork, or failing that, in March I will take myself back to the Revenue office, complete with paperwork, my trusty interuptor, and file a tax return. In the meantime, there might be a further announcement from the headsheds at the RD Department, but I dont think there will be.

Right, so this wasnt you I think you have answered your own questions. 1. Exempt from income tax, 2. Not exempt from filing tax returns. I think you really do need to seek professional, legal advice. Which is where I think ( IMO ) most of us will be. An obligation to file, because of Tax Residency, but with no tax obligation.

I'm not convinced that you are trying to find out anything. After all, you have, according to you. Your fancy Visa. You have Royal Decree No 18 You are covered to the max, yet here you are arguing for the sake of arguing. Me ? I remit my UK Government Pension on a monthly basis ( Which the UK has exclusive taxation rights ) Which I was previously advised that I did not have to file. Yet according to this Thai National, who is a registered Tax Consultant, and works for a large Legal Firm, Is now telling me that I do need to file. https://www.youtube.com/watch?v=4mNdXpvY1GQ The Revenue Office also told me that I needed to file. So you do whatever you feel the need to do. I'll do what ever I need to do to stay on the correct side of the Thai taxman.

Take your Royal Decree issue up with a certified, qualified and Licensed Tax Accountant.

By posting a video from a Thai National, who is a registered Tax Consultant, and works for a rather large Thai Legal firm ? That's some extrapolation you have going on there.

You can get all his details from the video https://www.youtube.com/watch?v=4mNdXpvY1GQ You best report him to the relevant authorities for misleading people.

The thread title is " Expats warned of new rules on overseas income " I think he lays out the new rules quite clearly, in the aspects that he discusses. Certainly regarding income earned from 01 Jan 2024 and then remitted in 2024. I'm not getting into a discussions on possible semantics on different wording between DTA's / The Revenue Code / Royal Decrees. You would need to seek specific Legal Advice on that.