just left the local revenue office.
here's what they asked
1. Any income from Thailand? No
2. Any monthly pension? No
3. Is the money coming in from savings on income before 1 January 2024? Yes
I showed them a print out of my ATM withdrawals and my WISE transfers.
No need to file or pay tax in Thailand due to transferred funds and ATM withdrawals coming from existing savings.
TLDR : Answer Summary
An expat recently reported their visit to a local revenue office in Thailand, where they confirmed that they do not need to file or pay taxes on their funds brought into the country from savings accumulated before January 1, 2024. The clear distinction made by the Thai authorities is that any money accumulated prior to this cutoff date is exempt from tax. However, the conversation also highlighted the importance of understanding tax treaties, particularly regarding pensions and income earned after this date, which could be subject to tax depending on the specifics of the individual's situation and the agreements between Thailand and their home country.
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