@Pete ******

and who determines what is and isn’t assessable income? Self declaration?

@Peter **********

if you don’t mind please point me in the right direction in the tax code or any other legislation where I could read this. Thanks

@Peter **********

That is understood, however he is essentially incorrect in saying that you do not need to file tax, by which I assume Chantelle Burt means filing a tax return, as you are obligated to declare all foreign and domestic income including pensions that is remitted into Thailand.

The only way to do this is via a Tax Return. Which portion, if any, of that money is considered assessable income and how much tax you may have to pay based on your eligible deductions DTA etc is a different kettle of fish

@Pete ******

here we go again. You are incorrect as you are ignoring the requirements under the tax code. Stop it mate.

But it may still be helpful in opening an account with them to get one in Thailand.

Interesting but not sure if this would be a Thai account. I suspect it would still be an American account held by a Thai bank located and registered in America. Did you talk to them by any chance to ask about this

@Alex ******

nice. Will be doing that next week

@Jack *******

🤡

So using an agent is the being smart enough to figure it our then?

@Stephen ******

Thanks Stephen. Very helpful