Lawrence *******
This is a summary of
Lawrence *******
's contributions to the platform. They have posed 0 questions and added 49 comments.

QUESTIONS

No questions found

COMMENTS

Lawrence *******
@David *********
I couldn't agree more.

Under the Treaty of Amity I have been able to own various small businesses 100%. As a result I have filed both business and individual tax returns. Local taxing authorities are seldom up on any substantive or nuanced rule changes, well publicized or not. I have witnessed many businesses ruined by the powers that be.
Lawrence *******
@Michael ******
Not if they are deemed nonassessable by the DTV.
Lawrence *******
@Don *****
Hopefully, you are correct. But correct me if I am wrong. It is the Thai government and individual tax offices capable of misinterpreting and modifying tax regulations which will be the final arbiter of what actually unfolds, and not the SSA in the USA. Just as the embassies, consulates, and individual immigration offices routinely interpret, misinterpret, change, modify, or make regulations and requirements more stringent regarding visa categories and extensions, nothing is stopping several hundred individual tax offices from doing the same. You are correct, though.

Currently there is not a box on the Thai Income Tax Form for nonassessable income.
Lawrence *******
@David *********
Never stated anything about going to prison. I basically stated that Americans covered by the DTV who receive government pensions have nothing to worry about regarding bringing in funds from the USA. I also sarcastically suggested that one should file a tax return, with the emphasis on should...followed by a wink emoji and a shhh! emoji.

That was sarcasm. Sorry you missed it, but then again, you are not originally from the USA, are you?
Lawrence *******
@Jim *******
We will see if that remains the case and I hope that you are correct. Just as the Ministry of Foreign Affairs provides guidelines for all visa types, individual embassies and consulates have no problem in modifying the requirements or interpreting the requirements differently. Oftentimes, individual embassies and consulates make the requirements more stringent than intended. Likewise, look how individual immigration policies for extensions of stay for the various categories of visitors varies from office to office, or for that matter within an office. With literally hundreds of local tax offices one shudders to think how these entities will interpret or misinterpret the national regulations.

But you are correct. Current tax forms do not presently have a box for nonassessable income. Hopefully, it will stay that way. Thanks for the heads-up.
Lawrence *******
@Kool ******
Military retirement can come as early as age 38 if the service member completes 20 years of active duty from the time of first entering the military at age 18. Many Americans retire to the Philippines following 20 years of active duty. By age 48 one could accrue a much bigger military retirement with 30 years of active duty.

Proving the source of the military retirement would be simple enough.

Whether the person meets the financial requirements for a DTV, Elite, or LTR visa being under 50 is another issue entirely.
Lawrence *******
@Don *****
Sections 20 and 21 of the DTA between the USA and Thailand cover these benefits. By treaty, these government pensions are nonassessable income. Although theoretically you should not be taxed as nonasseable income is nontaxable, you are still required to file a tax return.😉🤫
Lawrence *******
@Vijay ****
Your information is mostly correct except for the number of days on the visa exempt entry. Citizens of France can enter visa exempt for 60 days, not 30. This initial 60 day stay can be extended once at immigration for a maximum of 30 days, so 90 days is possible. That being said, the OP was asking specifically about a DTV. I am sure your info, though, will benefit those looking for data on shorter stays.
Lawrence *******
@Todd ********
Yawn. Disappointed such an intellectual genius didn't have a much better and measured retort.

He pointed out he was American.

Duh! Now who's exhibiting symptoms of senility? Go to bed young man while us older folks, dinosaurs, somehow continue to flourish and thrive. Nice try, though. I give you a C+ for effort.
Lawrence *******
@Todd ********
You directed your commentary to an American who was pointing out that certain pensions in the USA were not assessable under the treaty. You informed him that he was in for a rude awakening if he thought he would not be paying Thai tax.

On another note, most Americans, also, do not give a shit about Canada or Canadians in general, let alone your DTA and supposed expertise. Have a nice day.