retiree

If assessable income earned by a Thai tax resident is remitted to Thailand by a Thai tax resident, it is taxable. I believe the sole purpose of a non-resident account is to allow you to hold and trade with foreign exchange / currency. But it's still your Thai bank account (and I believe you get charged a fee in lieu equal to the dollar - baht conversion fee, anyway).

Copying and extending from another thread, here's a checklist: -- was the (US DTA) payment from something other than Social Security, a public pension, or an annuity? If so, it is income.* -- were you a Thai tax resident when you earned it? If so, the income is assessable. -- were you a Thai tax resident when you brought it in? If so, the income may be taxable, depending on DTA. -- was any answer "no" ? It is not taxable. * The status of distributions of taxed Roth IRA contributions or their tax-exempt earnings doesn't appear to be directly addressed in Section 40 of the Thai code, so they might have to be reported (but not necessarily taxed) if remitted to Thailand: https://www.rd.go.th/english/37749.html However .... one would imagine that either -- Roth contributions are treated as pre-existing, taxed savings, or -- any withdrawal or RMD could be handled by having the Roth or regular IRA purchase an annuity. Ask AmCham, maybe? Afaik the Thai retirement instruments that parallel Roth IRAs (RMF, SSF) are not taxed. Happy to extend or correct this if there are other straightforward filter questions.

Uhh, ratiocination? With all due respect, it just seems plain to me that's what the law says. I'm sure somebody will let me know if I'm wrong. Thinking back now, this is also typical of the way state or federal government regulations lay out their Am I required to file? or Which form should I use? explanations.

What this guy said.

I'd imagine that "impurities" are insignificant to the final taste, and that as long as you're not just dissolving the salt as part of the process, the main issues will be: -- if it's too fine it may be difficult to ensure an even distribution in, say, dough, -- similarly, anything too fine won't make a pleasing crust, and will be too likely to just dissolve, -- overall, coarser salt is easier if you're handling it as part of the process (as opposed to just measuring and tossing in).

They sell "sea salt" on the Shopee. Typical 55 baht / kg; a little coarser than regular kosher salt Pro tip: when it rains, it won't pour.

Again, here's the method: -- were you a Thai tax resident when you earned it? If so, the income is assessable. -- were you a Thai tax resident when you brought it in? If so, the income may be taxable, depending on DTA. -- was either answer "no" ? It is not taxable.

Just use coarse sea salt. There will be somebody your block selling fish grilled in it -- ask 'em where they got it. I assume the reason that non-Kashrut recipes might call for kosher salt is that it's a standard(ish) coarseness commodity readily available as a non-specialty item (which sea salt used to not be) at supermarkets. Even in the Middle East, apparently.

A lot of the questions people raise won't be relevant to your calculation. The main considerations are: -- were you a Thai tax resident when you earned / received it? This establishes that it is assessable income. -- how much of it did you bring into Thailand? This establishes what is taxable income. The simplest case is (if you have a tax credit DTA, and are a Thai tax resident): -- you made $100K back home this year. -- you brought $35K into Thailand this year, and filed and paid your taxes bright and early in January. -- when you file & pay your home-country taxes, there will be a form that lets you subtract the Thai payment from the bill for tax on $100K back there. Yes, the type of income, or type of DTA, or timing of bringing funds into Thailand may require more documentation on one side or the other. Again: -- if you have a tax credit or exclusion DTA (e.g. US social security payments), or -- have already made your home-country tax payment in a prior year (when you were a Thai tax resident), or -- receive income that is taxed before you even see it, you'll have to claim (or show) documentation to get credit against, or exemption from, any Thai tax. But start with the simple model in mind. It may be that the amount you must bring into Thailand for yourself just isn't subject to that much tax.

Call one of these; if anybody knows they will. https://www.chabad.org/jewish-centers/location/1-42/Bangkok-Thailand -- (((Retiree)))

You do (subject to any DTA). It is taxable Thai income as soon as it enters your Thai account. A gift is exempt for the recipient -- it is not a tax deduction for the giver.

Quality of life is not based on whether or not you get these things. It's whether they're available to the population in general. If you think life is not satisfying in Thailand, you should consider what it would be like in Somalia, Syria, Sudan, Afghanistan, Yemen, Haiti, Burma, or other non-functioning states. If I could get the quality of life I have here, anywhere in the world, for a tax payment of about 15% per cent on $50,000 income (ignoring retirement deductions, which would cut this in half if eligible, not sure) ... seems like a solid deal to me. https://www.uobam.co.th/en/tax-calculation

Folks with plenty o' plenty, They got a lock on the door, 'Fraid somebody's gonna rob 'em while, They're out a'making' more ....

I'm guessing it might be prudent simply to open a separate account for income from 2024 and beyond, and to make any transfers to Thailand from your current 2023 account(s), assuming you can afford it. I realize it might not be quite so simple if you have complex investments and such, but think of it like this: on January 1 2024 you're getting married to Thailand in a community property state! Take the same basic steps you and your partner might take back home to clarify what your pre-existing assets are. Actually, it's just the inverse of community property. In case of divorce you typically want to show that you only spent post-marriage community property income, minimizing what's left to haggle over. Here, you want to show that you only spent your own preexisting income during your tax residency in Thailand (and all the money you made while you're here is still in the bank or investments).

One would think so. Or simply keep a copy of your bank statement, have future withdrawals match any remittance to Thailand, and put 2023 and future income into a separate account.

This thread should be retitled: More details on taxation of remittances to Thailand There is no plan to tax overseas income. Overseas income is only taxed for Thai residents who work in Thailand, but happen to be paid overseas (41(1)). Section 41 A taxpayer who in the previous tax year derived assessable income under Section 40 from an employment, or from business carried on in Thailand, or from business of an employer residing in Thailand, or from a property situated in Thailand shall pay tax in accordance with the provisions of this Part, whether such income is paid within or outside Thailand.. https://www.rd.go.th/english/37749.html#section41 If you do not work in Thailand, only the portion of any overseas income you bring into Thailand (starting with income earned in 2024) might be subject to tax, if it is not already reduced by local exemptions / deductions, or offset by credits or exemptions specified by a country-specific DTA.

Yes, there are a variety of standard deductions and exemptions. Google is your friend ???? No, the "amount taxed in the source country" is not an issue. It is the amount brought into Thailand, if it was generated in a year (2024 on) in which you had "assessable income" (tbh pretty much all kinds of income). Summary: -- It has to have been assessable income from 2024 on in the first place (this is the new rule). -- Only the amount of that income brought into Thailand is taxable. -- Both standard and itemized deductions, and any existing DTA, are available to help reduce or zero out your Thai tax bill.

Apologies for the long post. Section 40, below, defines assessable income. I have removed the footnotes and added bullet points to make it easier to plow through. Some of the divisions (such as (6) Income from liberal professions,...) are presumably laid out explicitly because they are allow specific standard exemption / deduction rates (e.g. for (6) it's 30% except for doctors, who get 60%). See sections 42 though 48 bis for more details on how exemptions are calculated; some of the exact figures are found elsewhere. Section 42 paragraphs 27 and 28, which define the gift exemptions, may be of particular interest. https://www.rd.go.th/english/37749.html#section42 https://www.rd.go.th/english/37749.html#section40 Section 40 Assessable income is income of the following categories including any amount of tax paid by the payer of income or by any other person on behalf of a taxpayer. (1) Income derived from employment, whether in the form of salary, wage, per diem, bonus, bounty, gratuity, pension, house rent allowance, monetary value of rent-free residence provided by an employer, payment of debt liability of an employee made by an employer, or any money, property or benefit derived from employment.4 (2) Income derived from a post or from performance of work, whether in the form of fee, commission, discount, subsidy, meeting allowance, gratuity, bonus, house rent allowance, monetary value of rent-free residence provided by a payer of income, payment of debt liability of a taxpayer made by a payer of income, or any money, property or benefit derived from a post or from performance of work, whether such post or performance of work is permanent or temporary. (3) Fee of goodwill, copyright or any other rights, annuity or annual payment of income derived from a will, any other juristic act, or court decision. (4) Income that is: (a) Interest on a bond, deposit, debenture, bill, loan whether with or without security, the part of interest on loan after deduction of withholding tax under the law governing petroleum income tax, or the difference between the redemption value and the selling price of a bill or a debt instrument issued by a company or juristic partnership or by any other juristic person and sold for the first time at a price below its redemption value. Such income also includes income assimilated to interest, benefit or other consideration derived from the provision of a loan or from a debt-claim of every kind whether with or without security. 5 (b) Dividend, share of profits or any other gain derived from a company or juristic partnership, a mutual fund or a financial institution established under a specific law in Thailand for the purpose of providing a loan in order to promote agriculture, commerce or industry; the part of dividend or share of profits after deduction of withholding tax under the law governing petroleum income tax. For the purpose of income calculation under paragraph 1, if a lawful child who is a minor derives income and the marital status of the parents exists throughout the tax year, the income of the child shall be treated as income of the father. However, if the marital status of the parents does not exist throughout tax year, the income of the child shall be treated as income of the parent who exercises parental power, or of the father if both parents jointly exercise parental power. The provisions of paragraph 2 shall apply mutatis mutandis to an adopted child who is a minor deriving income. (c) bonus paid to a shareholder or partner of a company or juristic partnership; (d) a decrease of the capital holdings in a company or juristic partnership which does not exceed the total amount of profits and reserves; (e) an increase of capital holdings in a company or juristic partnership that is determined from the total amount of profits or reserves; (f) a benefit derived from the amalgamation, acquisition or dissolution of a company or juristic partnership and having the monetary value which exceeds the capital; (g) gains derived from transfer of partnership holdings or shares, debentures, bonds, or bills or debt instruments issued by a company or juristic partnership or by any other juristic person.6 (5) Money or any other gain derived from: (a) rent of property, (b) breach of a hire-purchase contract, (c) breach of an installment sale contract, where the seller regains the property sold without paying back the money or gains already received. In the case of (a), if an assessment official has reason to believe that the taxpayer underreports the amount of income, he shall have the power to assess the income according to the reasonable rent of property under normal circumstances, and the amount so assessed shall be deemed assessable income of the taxpayer. In such case, the taxpayer may appeal against the assessment and shall apply the provisions on appeals under Part 2, Chapter 2, Title 2 mutatis mutandis. In the case of (b) and (c), all the money and gains received from the date of entering into contract to the date of breaching the contract shall be deemed assessable income of the year of which the contract is breached. (6) Income from liberal professions, namely, laws, arts of healing, engineering, architecture, accounting, fine arts or other liberal professions as prescribed by a Royal Decree; (7) Income derived from a contract of work where the contractor has to provide essential materials besides tools; (8) Income from business, commerce, agriculture, industry, transport or any other activity not specified in (1) - (7). The amount of tax under paragraph 1, which is paid for by the payer of income or by any other person on behalf of taxpayer on any category of income or in whichever tax year, shall be treated as income of the same category and of the same tax year as the income where payment of tax is made.

I think this overstates the case. With all due respect, can you point to a section of the tax code (or other RD announcement) that says that tax residents who do not bring post-2023 income into Thailand must file tax returns detailing their world-wide income? Or that those who do have to report anything other than actual remittances? (additional info might be required to take advantage of a DTA, of course). Not to split hairs, but a person who does not work here, has no income here, and brings no money into Thailand may be a tax resident, but is not a taxpayer. S/he has no tax liability, because there is nothing to tax or charge penalties on. It's certainly possible that there may be an explicit ruling or law requiring this in the future, but I don't see any reason to think we're there, or anywhere near there. It would be prompted if Thailand eventually asserts that, like the US, it has the right to tax current world-wide income regardless of how it is disposed of. The tax code is online in English here: https://www.rd.go.th/english/38306.html "Who must file?" is here: https://www.rd.go.th/english/37749.html#section56 "Section 56 Every taxpayer except a minor or a person adjudged incompetent or quasi-incompetent shall, on or before the last day of March every year, file ... " There is no reference to an upper age limit (reps for minors and incompetents are dealt with in section 57).

Social Security is explicitly excluded from Thai taxation under the Thai - US DTA. Note, however, that every country's DTA has its own rules for handling of other types of state and private pensions (I think the Brits are particularly unhappy about this). > Speak English nationwide at a large percentage, You say that as though it's a good thing ????

At last! a comment that looks at this in the Thai context. I assume in this case your hypothetical business owner was able to claim that this consulting was a "business carried on abroad", per section 41 (2). If you happen to speak with your accountant again, would you mind asking him or her if it seems likely that taxpayers with overseas income will simply turn to other methods of legal tax avoidance, such as the use of gifts and loans, to continue to uhh... shield income? It would seem to me that as long as the phrase: ... shall, upon bringing such assessable income into Thailand, pay tax (Sec 41(2)) is in the code, both Thai and foreign tax residents will always be able to avoid ever bringing income into Thailand directly.

As the post notes I only quoted paragraphs 1 and 2 of section 41. I think the third paragraph re 180 days tax residency dates back to the 1938 law. > The RD's (non-binding, but looks accurate to me) English translation of 41 para 1 and 2 of the actual tax law is given here: https://www.rd.go.th/english/37749.html#section41 I only mention this 'cause the RD website is indeed up to date and very useful.

https://www.merriam-webster.com/grammar/jerry-built-vs-jury-rigged-vs-jerry-rigged-usage-history But in the mid-19th century another word came along: jerry-built means "built cheaply and unsubstantially" as well as "carelessly or hastily put together." The origin of this word is unknown, though there is plenty of speculation that it's from some poor slob named Jerry, which is a nickname for Jeremy or Jeremiah. While one named Jerry may reasonably disdain the word, jerry-built is not considered to be a slur. Jerry was used in British English around the time of the First World War as a disparaging word for a German person, but jerry-built predates that use: Before things were jerry-built, it seems that some things were built in the "jerry" style:

https://vertebrate-zoology.arphahub.com/article/109854/ Abstract We describe a new species of pitvipers from Trang Province of Thailand, near the Thailand–Malaysian border, based on morphological and molecular (2427 bp from cyt b, ND4, and 16S rRNA mitochondrial DNA genes) lines of evidence. Morphologically, Trimeresurus ciliaris sp. nov. is distinguished from its congeners by the following combination of morphological characters: a long papillose hemipenis; first supralabial and nasal scale fused; three to four small supraocular scales; internasals not in contact; small scale between nasal and the scale formed by the fused second supralabial and loreal present; dorsal scales in 17–17–15 rows across the body; ventral scales 172–175 in males, 171 in female; subcaudal scales 59–63 in males, 61 in female, all paired; in life an emerald-green dorsum with reddish-brown bands; creamy-white venter lacking dark dots or stripes on the lateral sides of the ventrals; white vertebral spots present in both sexes on every two or three dorsal scales; dark brown spots forming discontinuous pattern present on 1–3 lateral dorsal scale rows; males with reddish-brown postocular stripe. The new species forms a distinct clade on the phylogenetic tree of the genus Trimeresurus and differs from the morphologically similar species T. venustus by a significant divergence in cytochrome b mitochondrial DNA gene sequences (p = 12.5%). The new species is currently known from a small karstic area in the Nakawan Range spanning the border of Thailand and Malaysia, in particular in limestone forests in Trang and Satun provinces (Thailand); it likely also occurs in the adjacent parts of Perlis State (Malaysia). Our study also suggests that the taxonomy of T. kanburiensis species complex requires further studies; in particular our study suggests that the status of populations from Chumphon Province of Thailand and Pulau Langkawi Island of Malaysia should be re-assessed.

Thank you for locating and posting this article. a) I think we all know how to form plurals in Thai. However, translating 41(2) as below does not require a plural. Afaik it can -- and I'm certainly willing to be corrected -- reasonably be read as: A resident of Thailand who in a [not the] previous tax year derived assessable income under Section 40 from an employment or from business carried on abroad or from a property situated abroad shall, upon bringing such assessable income into Thailand, pay tax in accordance with the provisions of this Part. b) the explanation you cited is consistent with the pre-September interpretation of 41(2), and may offer some insight into the reasoning behind 2/2528. It appear to address a specific framing of the question: - a foreigner has just become a tax resident of Thailand. He lives on prior years' income, remitted to Thailand this year. Is this taxable? No, those are savings. - a foreigner has just become a tax resident of Thailand. He lives on his current pension, remitted to Thailand as it accrues. Is this taxable.? Yes, this is income. c) It does not address the framing that the RD is surely asking, or will ultimately present to, the Tax Court: - a Thai national has been an overseas consultant for many years. Each year he is careful to remit only the prior year's income. He lives in Thailand at least 180 days per year, but he has never paid Thai taxes. This would appear to be a unique and unfair treatment vis a vis the ordinary Thai taxpayer. Is it the intent of Section 41 paragraph 2 that each prior year's income never be taxed, and that he will never pay Thai taxes, even though he is a Thai tax resident the entire time? Or is the legislative intent that the tax is only deferred until the assessable income is finally remitted, and then allowed credits or exemptions derived from any double-taxation agreement? Me, I'd sorely d'ruther the first version stood. But I can't help thinking that the second phrasing holds more water.