jmd8800

I am not looking for information. I am looking for a Thai accounting service that files taxes for people.

The videos I have seen referenced are expat based services. I am looking for a Thai accounting service.

What little I read about this leaves me wondering why there is no mention of Thai accountants vying for this chunk of business. I have asked my friendly banker here in Chiang Mai if he knows of any Thai accountants that would file taxes for me and he looked at me kind of funny. Every other Thai I ask that I think might know doesn't know either. I'm guessing that the tax system for Thais is very simple compared to Western countries, so there is little need for individual tax filing assistance. But, I would think there would be a few Thai accountants that would like this business.

Thanks for the info. I assumed the nighttime dose was to balance things out, and that is what I'll do. I do trust him a LOT more than I trust search engines... 😁

Just finished a visit with the urologist yesterday. I have had BPH for a couple of years now and it is treated with DuoDart. Over the last few months urine flow has slowed a bit during the day, but at night the flow is very slow. Not even a stream. And it feels like there is an obstruction that I don't feel during the day. The doctor suggested I take another tamsulosin 0.4 at night. A quick search on Kagi and perplexiy said that was an uncommon dosing. Rather than 0.4 2 times per day the recommended dose is 0.8 once a day. Anyone here that does tamsulosin 0.4 2x per day? What are your results? In the evaluation the doctor said the prostate was enlarged but not terribly big and he did not recommend surgery. Personally I'd like to see what happens if I stop the dutasteride and if the prostate enlarges again then I would check out a UroLift procedure.

I've had two quotes and my tax forms are simple. Both include obtaining a Tax ID. 13,800 and 15,000.

Thanks... I hadn't thought of that.

Thanks for the info. @oldcpu and @OJAS

Here we are coming up on tax filing season. Has anyone found a reasonable way to get a Tax ID and then file without having to go through the numerous expat filing agencies charging a premium price? I had though about printing every possible paper I can think of they might want and traveling to my local TRD office and say: "Ok I'm ready to file." and see what happens.

Thanks for the info.

This is what I thought of doing as well. Show up in the first weeks in January with a statement from Bangkok Bank showing my 2024 transfers in Thailand. That is the easy part, I think. The hard part, unless Thailand is using an honor system, is showing how much my USA Social Security pension is, as that portion of my income is not assessable. Is this the total amount before Medicare deductions or just the amount deposited into my bank account? So I'll take my annual SS letter with me. My transfers are over this SS amount but less than the total SS exemption amount plus the standard Thai income tax deductions. So I should not owe any tax. I pay taxes on all of my income in the USA and my income is only SS and private pensions. No investment income. My accountant in the USA says any tax I pay to Thailand is deductible from US taxes.

Is there a chart somewhere that describes all possible TEDA that I can read and show to others who ask?

There is no formal system in Thai law to accommodate asylum seekers.

Thanks again.

Thanks for your response. My SS is well over the $1200 you mentioned but also my transfers have been over 65,000 baht per month. But, I think the numbers will just scale out OK. I'll simply transfer just a little bit over 65k for the rest of the year and hope for the best. I am over 65. I think I'll be fine.

Thanks for all the responses. I'm waiting for some tax guidance from the USA accountant that files my taxes each year. Depending on what he says, and what the Thai gov't actually does, I'll make my decisions. I'm guessing I'll pay very little tax here and deduct that tax from the taxes paid in USA so it will likely be a wash. I guess I won't be buying any new cars for a while.

This was excellent reading. Everything is much clearer now. Thanks a lot.

P.S. I know this is Thailand and often times laws are merely suggestions, and everything is OK until it isn't, etc, but If I opened a second bank account in the USA to deliberately NOT show income to the taxing state (IRS in this case) I would be committing tax evasion. This may be why Thailand talks about 'worldwide income' and such, I don't know. But it is going to be very hard to prove legitimate taxable income on foreign people and Thais alike unless they implement a system like the USA has where money connected to a specific person is tracked in its entirety. I think this is a daunting task for the Thai government to do.

Thanks for the response. I'll wait and see what happens. I don't mind paying a little tax as I live here, but I'm certainly considering becoming a not-tax resident next year if the tax levied is high. In my world life here after COVID has changed and over the last 2 years or so Thailand is losing its luster so maybe it is time to go.

I'll stick with Miguel's

SS and both pensions go into 1 account in the USA. I transfer with Wise from there. I am hoping the , placed before the word pensions is the key for me. This is from the DTA USA/Thai PDF Article 20: "1. Subject to the provisions of paragraph 2 of Article 21 (Government Service), pensions and other similar remuneration..." Not married to a Thai and I won't be.

10% of what? The total amount I remit to Thailand each year?

Late to the party here, but are you saying that private pensions paid from work and recorded with the USA IRS with 1099=R is taxable in Thailand if I am in the country more than 180 days? I also have Social Security. After reading this I am thinking my SS won't be taxed but my 2 private pensions will. Since I am transferring 65K a month for Immigration purposes, this might be a pretty big deal.

I don't know if this has been mentioned but if I transfer money with Revolut do I have an option to show this is transaction is an international transfer that I can easily show to Thai Immigration?

My experience switching from tamsulosin (alpha-blocker) to tadalafil was not an immediate solution. The urologist said stop tamsulosin and switch to tadalafil. 3 nights later I went back to tamsulosin and made an appointment to see the doc. At that time he said to transition for 6 weeks taking both. Good luck.