yes you can, under the DTA system you can be tax resident in both countries and you will pay tax in the second country on the difference IF it is more than your primary taxation jurisdiction.
do consider that Thailand had the first transfer in and out of banking data under the CRS in October 2023. It will become more and more difficult to play games with pensions.
the DTA does not cover this. It is not an age pension, or any other category called out in the DTA. Therefore remittances are tax accessible , IMO. Real issue is tax on world wide assets, including trusts if that ever see's the light of day
not correct. It really is very simple. Under the CRS which Thailand is now a signatory to they will get end of year balances and various transfers for each and every account in any of the 120 odd countries that are signatories. What they do with that data I have no idea, but please stop this view that Thai revenue are a bunch of bunnies. They are under serious pressure to get revenue.
hi David, I know super is tax exempt in Aus when over 60, but when you bring the money into Thailand, who says it is tax free in Thailand? And I understand that in Aus the first $35k will not attract any tax, but at that level of income there would be tax to pay in Thailand??
the problem is that the current 15%Tax is paid by the fund, not by you as an entity so it never shows up on a tax return. Thus when you transfer into Thailand the revenue may see this as assessable income without any offset in Aus. The proposed additional 15% for amounts over $3m will be personal tax and thus this could be used to offset Thai tax.