thank you for this information, there is also currency exchange risk for thai baht on the down side, for your info, thai law definition of tax resident is stay over 180 days, i don'T know about vietnam tax, but phillippines not tax on retirees
maybe you should consult a tax advisor or sccountant,
some one interpret as below:
those people
from countries which have
a double tax agreement
with Thailand could still need to pay new
tax in Thailand,
double tax means that you
will receive tax credit for
taxes paid outside of
Thailand. So, if you are
assed as having to pay
usd200 in USA and usd300
in Thailand, In Thailand you
would pay 300-200=100
dollars in Thailand.
anyway the risk is that one still likely to fill a tax report form with income and asset and let authority decide which is taxable and which be exempt. Filling the form could be a tedious process, depending on how it is designed, and whether there is english translation, or chinese? if not, hopefully no.need to seek professional help. And how can one prove whether the remitted income already taxed in other jurisdiction?(for example you have multiple income sources, and some sources already taxed but some exempted due to different tax law in another country )
does double tax exemption imply blanket tax exemption without need for exemption on an item by item basis (income source item/category) or need comparison of individual category, eg investment income, rental collected or simply pensions