Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Question concerning new foreign income tax

Featured Replies

9 minutes ago, Dan O said:

You need to read the DTA to see what it says. I have a US Social Security benefit that I don't pay any tax on but I'm exempt per the DTA from taxes in Thailand and elsewhere 

1          Pensions and other payments for past employment as well as annuities derived by a resident of a Contracting State may be taxed in the other Contracting State only if such payments are deducted  as expenses in determining the profits of an enterprise of that other State or of a permanent establishment situated therein.

 

2          Notwithstanding the provisions of paragraph 1, pensions and other payments for past employment as well as annuities paid by or out of funds created by a Contracting State, a Land, a political subdivision, local authority or local administration thereof shall be exempt from tax in the other Contracting State.

From that it would seem that I don't need to pay tax ?

  • Replies 33
  • Views 3.1k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • You may be exempt from paying any tax full stop. Particularly if you hail from a country that that has a taxation agreement in place with Thailand. Nobody knows yet because nothing that is releva

  • @Jinxed1 knock yourself out - https://aseannow.com/topic/1306896-thai-government-to-tax-all-income-from-abroad-for-tax-residents-starting-2024/   Currently 113 pages of in depth analysi

  • until 1 January the prior tax code provision prevails which is that income brought into the country after the year in which it as earned is not taxable.   So you are fine for money brought i

8 hours ago, soalbundy said:

1          Pensions and other payments for past employment as well as annuities derived by a resident of a Contracting State may be taxed in the other Contracting State only if such payments are deducted  as expenses in determining the profits of an enterprise of that other State or of a permanent establishment situated therein.

 

2          Notwithstanding the provisions of paragraph 1, pensions and other payments for past employment as well as annuities paid by or out of funds created by a Contracting State, a Land, a political subdivision, local authority or local administration thereof shall be exempt from tax in the other Contracting State.

From that it would seem that I don't need to pay tax ?

Not sure of your country but It would appear so but you need to read the whole DTA to make sure theres nothing else that would change that.

I'm from Canada.

Do a google search for: -Convention Between Canada and the Kingdom of Thailand- and you will find the following…

Re: Contracting States. If he has an habitual abode in both States or in neither of them, he shall be deemed to be a resident of the State of which he is a national.

Article 18

Pensions

1. Pensions and other similar remuneration, whether they consist of periodic or non-periodic payments, for past employment, arising in a Contracting State and paid to a resident or the other Contracting State shall be taxable only in the first-mentioned State.

2. For the purpose of paragraph 1 such remuneration for past employment shall be deemed to arise in a Contracting State if the payer is that State itself, a political subdivision, a local authority or a resident of that State. Where, however, the person paying such income, whether he is a resident of a Contracting State or not, has in a Contracting State a permanent establishment, and such income is borne by such permanent establishment, then such income shall be deemed to arise in the Contracting State in which the permanent establishment is situated.

 

... so as I understand it, because of this agreement I am not required to pay tax in Thailand.

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.