@Bart *************

you misapply your situation, making little money in or out of Thailand, and think that is the sum total of dual taxation treaties. If I worked in Thailand, and didn’t return to the USA for that year, yes it would only be taxed in Thailand. That however does not apply to other income brought into Thailand. So how about don’t apply your “backpacker tax knowledge “ to those who actually know much more than you do? Thailand taxes worldwide income based on when you bring it in to the kingdom. There is talk of changing it to taxing your entire worldwide income, though that is not law yet. So the “dual taxation means no tax” is absolutely wrong.

@Bart *************

I’m sure you know more than my accountants in Spain, the USA and Thailand do. No doubt your income to consider is over half a million us a year and your investments are worth over ten million, do you’ll have studied it more thoroughly than me. Should I connect you with them do you can explain it? I’m only a PhD in mathematical economics from Berkeley, who own the business, so clearly your success is much greater.

@Damo **********

once again, your statement was in fact incorrect “ you will not get taxed twice”. You will be taxed twice, you get a credit for taxes paid in one country when you file in the second. There is a whole lot more to it than simply comparing the top tax tier. You started the insults here, and have continued, which is weak, bully. Go back to your barstool, you are neither a tax or investment expert.

@Damo **********

too many big words for you.

@Damo **********

really a shame neither you or Brenton know how to google “Thai x country dual taxation agreement “ and read it. No, they do not say “you don’t get taxed in both countries “ what they do, is give a credit for taxes paid in one country when you file in the other country. Now, for the likes of you, who don’t have the intellectual firepower to make much money in your lifetime, the difference isn’t likely to be much. But for a as you put it THICC guy like me, actually Dr thicc professor of mathematical economics, with an income of half a million US dollars a year in retirement, the details matter. How Thailand views tax deferred in the USA investments, capital gains, business depreciation allowances etc, and the fact that they don’t count money as income until it is brought into the kingdom, maybe, or maybe that will change, etc. those details do matter. You blokes on poverty level pensions in your home countries can carry on not reading or understanding the treaty.

@Damo **********

not what tax treaties do, skippy.

@Nippanut **************

that has changed.

@Andy ***********

some government pensions are not taxed. I believe private pensions are.

@Neil *****

wrong. That’s only if you don’t have the $80k income. Then you can prove $40k income and a $250k investment.

@Neil *****

doesn’t make much difference to me, since I easily meet all of them. Wealthy pensioner does not seem to require investment in Thailand, though it does require insurance.