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Posted
38 minutes ago, GroveHillWanderer said:

Does this really mean that if my wife gifts me an amount of money that doesn't exceed 20 million Baht, it's exempt from tax, as far as my tax return is concerned?

 

That seems like an incredibly generous exemption, considering the other amounts involved, such as anything over 120,000 being assessable.

 

Your wife would have already paid tax on this money so it's not really being generous is it?

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Posted
5 hours ago, Sheryl said:

The Thai tax code states pensions are assessable income. Some types of pensions from some countries are, however, non-assessable in Thailand under the terms of some DTAs.  The UK OAP is not one of them, but UK government pensions (for retired military, civil servants etc) are.

 

Indeed. The Thai-Canada DTA is such a DTA where Thailand is not to tax the pension, making it exempt (for tax calculation) per Royal Decree-18, and thus non-assessable in Thailand.  In that DTA it states (where I added the word 'Canada' and 'Thailand'):

 

Quote

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

 

In the case of Canada, it makes it pretty clear ONLY Canada can tax Canadian sourced pensions or similar remunerations, and hence NOT Thailand. 

 

And from experience I can confirm Canada does tax Canadian sourced 'pensions and similar remunerations' where the Canadian tax rate is not small.  Likely it would be better for the person with the Canadian pension if it was  only Thailand (and not Canada) taxing such pensions.

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Posted

Well, well, well, it is very evident that expats and others do not have  any clue about the Thai tax system as it applies to foreign income (some do most don't) but that is because the Thai tax office does not have one policy that gives the exact information and that information applies throughout Thailand, not province by province and is not subject to interpretation by the various Tax Offices. Really, is it that difficult.

Posted
On 2/11/2025 at 12:46 PM, thesetat said:

America does not issue proof for this as far as I know.


But there is "Benefit Verification Letter" that you can print it from your SS account, the website + your SSI 1099 that is available to beneficiaries.   

Posted
20 hours ago, NoDisplayName said:

Generous?  The rule wasn't made for you.  The law was written by those who often bring in 20 million baht income from offshore investments, and need a method to avoid paying tax.

 

21 hours ago, ukrules said:

Your wife would have already paid tax on this money so it's not really being generous is it?

 

Not sure either of you are quite taking on board what is meant by 'generous' in this context.

 

As used here, it carries the secondary meaning of the word, indicated in the dictionary entry below, of: 

 

Quote

larger than usual or expected

 

https://dictionary.cambridge.org/dictionary/english/generous

Posted
3 hours ago, OneManShow said:


But there is "Benefit Verification Letter" that you can print it from your SS account, the website + your SSI 1099 that is available to beneficiaries.   

I had that with me... haha... They were clueless and thought it was a normal income letter. 

Posted
On 2/11/2025 at 5:46 AM, thesetat said:

So here I am. Telling you the tax office here in Mueang Prachuap Khiri Khan. Has no clue about how to manage my taxes and are determined to make me pay thousands on my SSI.

That's "The Somchai Shuffle." 

 

Some Somchai say you have to pay when you do not have to pay, and some Somchai say you don't have to pay when you know you do have to pay. 

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