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Posted

Next year I will start receiving 6000 USD/Month from my retirement savings abroad.
This money have already been taxed abroad, so I was wondering what will happen when 

the money start to be automatically transferred to Bangkok bank every month?


Will Bangkok bank automatic take 30% for tax and do I need to have documentation

that show the money is taxed abroad to avoid double tax?

 

:jap:

 

Posted

Don't send income from the current calendar year? 

Send savings from the previous calendar year?

Give your DT treaty a double check that type of income has coverage, if you do send it in year.

Posted

No tax on your pension
The United States and Thailand have an income tax treaty in place

 

 

Posted

Taxes are not deducted by anyone on any monies i transfer from the US. That includes my retirement savings, regular savings, brokerage account, company pension and gov't SS. For me, the only taxes withheld in Thailand are the 15% withholding tax on the interest earned in my Thai savings accounts. Should be the same for the you...

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