darrenrrrr

Article 18 Pensions and annuities 1. Subject to the provisions of Article 19, pensions and annuities paid to a resident of one of the Contracting States shall be taxable only in that State. 2. The term "annuity" means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth. so if I am a resident of both Australian and Thailand because it’s not taxable in Australia because it’s tax free from 60 yo ( I paid 15% tax during the life of the superannuation then converted to a private allocated pension which is tax free with earnings ), then if I send say 100,000 baht per month from my Australian pension to a Thai bank the are you saying I pay tax on that 100,000 baht per month Or just the pension fund earnings ? As seems u fair if I have already paid tax on it when it was in the superannuation phase

Sorry only new how do I reply to a specific post can’t see a reply button

So if I have a tax free pension in Australia but live in Thailand you are saying I will be taxed , that’s not how I read clause 19 of the Australian DTA it states in the contracting state where is is earnt

I am an Australia we have a double tax treaty with Thailand , clause 19 says pensions won’t be subject to tax, does this include government pension but also private pensions (that the retiree funded themselves during their working life , we call it superannuation ). Also our private pensions are tax free from 60 years old if you are fully retired which means we pay not tax on earnings such as interest and capital gains tax (CGT). As such clause 19 read also with clause 20 is a bit confusing. So I am assuming if I have a regular pension payment to my Australian bank and then send over my monthly pension amount to a Thai bank is this income taxable by Thailand or it’s not considered income ?