20240205

Social Security Benefits taxable in Thailand or not? https://www.rd.go.th/english/37749.html#section42 Section 42 The assessable income of the following categories shall be exempt for the purpose of income tax calculation: ... 25) Compensatory benefit received by the taxpayer from the social security fund under the law governing social security What exactly is a "Compensatory benefit" under the law governing social security? https://thailand.acclime.com/guides/social-security-explained/ An insured person is entitled to receive the following benefits: Injury or sickness benefits, including health promotion and disease prevention Maternity benefits Disability benefits Death benefits Child benefits Old-age benefits Unemployment benefits, except for an insured person under section 39 Would "Old-age benefits" qualify a Compensatory benefits? If so, would similar benefits received by a foreigner from a social security insurance abroad be treated equal?