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Pete ******
This is a summary of
Pete ******
's contributions to the platform. They have posed 5 questions and added 2010 comments.

QUESTIONS

COMMENTS

Pete *******
No such thing as an adult child dependent. They are either a child or an adult.
Pete *******
@John ********
suggest once you arrive you go straight to your preferred bank branch and ask for a list of their opening requirements.
Pete *******
Thai banks may not only require a certificate of residence to open a bank account. Some require in addition a long term lease or yellow book. Research your preferred bank’s requirements.
Pete *******
Yes the Thai tax year follows the calendar year so as long as you don’t spend 180 days in a calendar year within Thailand you will not become tax resident.
Pete *******
Never as the DTV is not issued within Thailand.
Pete *******
You cannot open a bank account on a DTV.
Pete *******
General statement: Pensions are assessable for Thai tax when remitted by a Thai tax resident. Section 40:1 Thai Revenue Code.

However certain types of pensions are excluded from taxation in Thailand via the wording in country specific DTA’s.

IRA and 401k payments ARE taxable when remitted as a Thai tax resident.
Pete *******
@Alastair *******************
that’s exactly how it previously worked for many years. Now the same process produces a different result which is what everyone is complaining about. Now it doesn’t code as an international transfer in the receiving Thai bank.