What to do in Bangkok this week (December 21 to 26)
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107
Thai tax tangle: Expats warned of new rules on overseas income
Don't worry, the others will be given their chance to present also. -
107
Thai tax tangle: Expats warned of new rules on overseas income
Head in the sand is the worst solution to evading tax -
107
Thai tax tangle: Expats warned of new rules on overseas income
Strange - I was replying to this, read a new post and now my response is gone. Isn't it usually saved "by the editor" ? In any event. Here is the link to the UK/Thailand Tax Treaty (a downloadable .pdf file). Scroll down to Article 19, para (2) - (page 27 of the ,pdf). https://assets.publishing.service.gov.uk/media/5a80bddc40f0b623026953eb/uk-thailand-dtc180281_-_in_force.pdf "(2) (a) Any pension paid by the Contracting State or a political subdivision or a local authority thereof to any individual in respect of services of a governmental nature rendered to that State or subdivision or local authority thereof shall be taxable only in that State. (b) However, such pension shall be taxable only in the other contracting State if the recipient is a national of and a resident of that State. Note: "Contracting State" in this case is the UK and "other Contracting State" is Thailand. So basically it's saying if you receive a UK GOV'T pension(s), it's only taxable in the UK - unless you are a Thai national and resident in Thailand. However, if you are receiving a gov't pension and - say a Union pension or money from a Registered Retirement Income Fund (RRIP) - those other pensions/income are taxable. The tax treaty only applies (this part) to "gov't" pensions. However, again, if you've had tax deducted from those other pensions/income, it would be claimable as a credit on your Thai tax return (up to the maximum amount you owe - if any). -
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Thailand Eases Long-Term Visa Conditions to Draw Wealthy Foreigners and Digital Nomads
The US and Eritrea are the only countries in the world that based tax oblligation on citizenship rather than residency. I don't know what relevancy that has. -
17
Thai-American Sen. Duckworth Exposes Ignorance of Trump's Defense Secy' Nominee Hegseth
Agree he will be confirmed. The rest of your post is a racist slur.- 1
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107
Thai tax tangle: Expats warned of new rules on overseas income
Since TIT one could be tempted to substitute "tax" with "corruption" in this sentence. Hence honest people's reluctance.
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