Tax files

[Presnock]

52 minutes ago, digger70 said:

If one Paid tax on ones pension than it's covered by the DTA .If one didn't pay tax on ones pension it's classed as an Income and is  taxable in Thailand if one Brings the funds in Thailand.

depends if it meets the necessary amount to be assessable as some anuaties do not pay a whole lot of money.

[HuaHinNew]

On 1/20/2025 at 7:39 PM, Will B Good said:

Second page, item 7.....do not like the look of that!!!!

More useless time and money wasted as Thailand refuses to acknowledge internation business is mostly done in English

 

You think any international tax documents Thais retrieve are going to be in Thai, NO!

 

Why Thailand will always be a Third World country until they embrace international business standards

 

AI Quote " 

English is the most commonly used language for international business transactions. It is often considered the global business language due to its widespread use and acceptance in many countries around the world. This makes it the go-to choice for cross-border communication, contracts, and negotiations.

"

[digger70]

1 hour ago, Presnock said:

depends if it meets the necessary amount to be assessable as some anuaties do not pay a whole lot of money.

Like they said if no tax is paid in the Home country it is classed as an income and is Taxable in Thailand it doesn't depend on the size of the pension or income. 

On how much tax  one has to pay is up to Tax department in Thailand.

[mudcat]

16 hours ago, Guavaman said:

 

https://rd.go.th/fileadmin/download/nation/america_t.pdf

Thanks for your help - it is difficult navigated Thai bureaucracy when one does not speak Thai.

 

I have created pdfs Thai and English text for each article with the RD source link for the article 1, 20, and 21.

I attach jpgs of the pdfs - if you wish me to send the pdfs or word files send me a private message.

 

Hopefully having the documents in front of the officer will spare my arms from excessive gesturing.

 

[Presnock]

1 hour ago, digger70 said:

Like they said if no tax is paid in the Home country it is classed as an income and is Taxable in Thailand it doesn't depend on the size of the pension or income. 

On how much tax  one has to pay is up to Tax department in Thailand.

iF you have an LTR, all foreign income is remitted tax exempt, and if the pension amount is below one's country's tax chart, then no taxes are paid to the home country yet the money does not meet assessabel amount so no tax id or filing is required on those funds remitted.  

[newbee2022]

33 minutes ago, Presnock said:

On how much tax  one has to pay is up to Tax department in Thailand.

Yeah, they use a dice or a crystal ball.

I opened this thread 3 days ago. And there are still question?

Amazing🤣

[Presnock]

22 minutes ago, newbee2022 said:

Yeah, they use a dice or a crystal ball.

I opened this thread 3 days ago. And there are still question?

Amazing🤣

the lawyer from the TRD said in response to what happens if you should file but don't and the lawyer said and the other TRD official said, the best thing to do if not sure is to look in the rd.go.th and check as it specifies what needs to be assessable income.  Then get a Tax ID file and the rd will determine if any tax should be paid or a refund if too much tax was paid. I thoughtit was pretty clear that if one has exempt remitted funds, no id or filing.  They also said if one remits funds into the country but doesn't file, they must keep accurate documentation in case the rd asks them about those remittances.  My case is easy to do in all aspects and I remit quite a bit each year all exemt and I have yearly documentation proving just that it is exempt so I am not worried at all.

[Presnock]

On 1/22/2025 at 11:07 AM, nikom56 said:

Am I missing something here? Most of the people here in the forum or in other forums discussing how to file their tax returns even though they come from countries that have a double taxation agreement with Thailand, have they all been written to and asked to file their taxes?

Well I think that is incorrect info being given in that the DTAs do not exempt all income uch as the US- allincome is taxable there by law if you are a US citizen anyway but some pension and other income is not protected by the DTA but is taxable by the Thais.  Just read the DTA for your country and it should psecify what is and what isn't taxable by Thailand.   But as this is TIT, thy might do as other places have too and not tax retirees at all in hopes of getting many to come there.

[newbee2022]

27 minutes ago, Presnock said:

the lawyer from the TRD said in response to what happens if you should file but don't and the lawyer said and the other TRD official said, the best thing to do if not sure is to look in the rd.go.th and check as it specifies what needs to be assessable income.  Then get a Tax ID file and the rd will determine if any tax should be paid or a refund if too much tax was paid. I thoughtit was pretty clear that if one has exempt remitted funds, no id or filing.  They also said if one remits funds into the country but doesn't file, they must keep accurate documentation in case the rd asks them about those remittances.  My case is easy to do in all aspects and I remit quite a bit each year all exemt and I have yearly documentation proving just that it is exempt so I am not worried at all.

Yes, easy as that

[KhunHeineken]

5 hours ago, digger70 said:

If one Paid tax on ones pension then it's covered by the DTA  no matter what the pension is.

What are you basing this on?

 

Do you have a link? 

[KhunHeineken]

20 hours ago, Will B Good said:

 

NOOOOO....don't start this again.....5555

I know, I know. 

 

It's just soooooooo many expats see the word "pension" in the DTA, and ignore the words "government service" and think that because their government gives them an old aged pension, which is welfare, it's therefore a "government pension" so covered in the DTA.  

 

They totally disregard the word "service."   

 

[digger70]

52 minutes ago, KhunHeineken said:

What are you basing this on?

 

Do you have a link? 

For expats living in Thailand, DTAs are crucial in ensuring that income like overseas pensions isn't subject to double taxation. If you've paid taxes on your pension in the country where it was earned, a DTA allows you to either exempt that income from Thai tax or claim a tax credit to offset the Thai tax liability.Oct 2, 2567 BE

[KhunHeineken]

17 minutes ago, digger70 said:

For expats living in Thailand, DTAs are crucial in ensuring that income like overseas pensions isn't subject to double taxation. If you've paid taxes on your pension in the country where it was earned, a DTA allows you to either exempt that income from Thai tax or claim a tax credit to offset the Thai tax liability.Oct 2, 2567 BE

Correct. 

 

So, you are basically saying it;'s either exempt in Thailand, or Thailand can tax it IF Thailand's rate is higher. 

 

The DTA "myth" is, if it's taxed in my home country, then Thailand doesn't get to tax it at all.  That's incorrect. 

[oldcpu]

32 minutes ago, KhunHeineken said:

Correct. 

 

So, you are basically saying it;'s either exempt in Thailand, or Thailand can tax it IF Thailand's rate is higher. 

 

The DTA "myth" is, if it's taxed in my home country, then Thailand doesn't get to tax it at all.  That's incorrect. 

 

Indeed. 

 

And further to your point some DTAs even say that (if pension not a civil servant/military pension) then the pension can only be taxed in the country of residence ... For example German pensions for those who are not civil servants/military pensioners are not to have their pensions taxed in Germany (if one is a resident of Thailand), but can only be taxed in Thailand .

 

... and then there is the Canada-Thai DTA that pretty much states any Canadian sourced pensions (or similar remunerations) can ONLY be taxed in Canada (and not taxed in Thailand ,even if one a resident of Thailand).

 

The two DTAs could not be much more different in that aspect.

 

IMHO it simply underscores  the importance to check the DTA with Thailand of the source country of one's pension (where many on this and other threads on AseanNow have noted the importance to check such).

[KhunHeineken]

28 minutes ago, oldcpu said:

 

Indeed. 

 

And further to your point some DTAs even say that (if pension not a civil servant/military pension) then the pension can only be taxed in the country of residence ... For example German pensions for those who are not civil servants/military pensioners are not to have their pensions taxed in Germany (if one is a resident of Thailand), but can only be taxed in Thailand .

 

... and then there is the Canada-Thai DTA that pretty much states any Canadian sourced pensions (or similar remunerations) can ONLY be taxed in Canada (and not taxed in Thailand ,even if one a resident of Thailand).

 

The two DTAs could not be much more different in that aspect.

 

IMHO it simply underscores  the importance to check the DTA with Thailand of the source country of one's pension (where many on this and other threads on AseanNow have noted the importance to check such).

The problem seems to be in the words "government service pension" in DTA's.  

 

In many countries, my country, Australia, included, the government pays an old aged pension.  It's known as a welfare payment in Australia, and a benefits payment in the UK. 

 

Many members are of the belief that because the "government" pays it, it's covered in the DTA.  It's not, but many refuse to accept this. 

 

These members are of the belief they do not have to file because their "government pension" is covered in a DTA.  If asked, did you EVER work in the public service in your country, they answer "no" but still argue their aged pension is covered by a DTA.  They will be in for a shock. 

 

 

[oldcpu]

4 minutes ago, KhunHeineken said:

The problem seems to be in the words "government service pension" in DTA's.  

 

In many countries, my country, Australia, included, the government pays an old aged pension.  It's known as a welfare payment in Australia, and a benefits payment in the UK. 

 

Many members are of the belief that because the "government" pays it, it's covered in the DTA.  It's not, but many refuse to accept this. 

 

These members are of the belief they do not have to file because their "government pension" is covered in a DTA.  If asked, did you EVER work in the public service in your country, they answer "no" but still argue their aged pension is covered by a DTA.  They will be in for a shock. 

 

 

 

Yes - I find the words "state pension" or "government pension" as used by some on Aseannow a bit ambiguous, which is why I avoided using such words in my post.  The DTAs, to the best of my knowledge, are more precise in defining the pensions (noting such for services rendered to government where applicable) - and IMHO don't have those ambiguities.