How to avoid paying tax of requirement money

[BEngBKK]

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?

 

 

Edited July 4, 2019 by BEngBKK
typo

[ubonjoe]

The bank will not deduct any taxes when you transfer your income into the country.

[UKresonant]

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.

[Nowisee]

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

 

 

Edited July 4, 2019 by Nowisee

[JohnnyBD]

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...

Edited July 4, 2019 by JohnnyBD