Dear readers,

In the tax file, extensive information is provided about everything related to emigration to Thailand. It is stated that pensions are taxed in Thailand if you are a tax resident there, although there is a caveat there because the word “pension” does not appear in the mentioned sources of taxation.

The tax consultancy firm that specializes in expats, where I was informed in detail about the tax aspects of my intended emigration, firmly states that Thailand does not tax pension income.

The question I would like to ask the readers of the blog is whether there are people who in practice have actually received an assessment from the Thai tax authorities with which tax is levied on their pension income transferred from the Netherlands.

Yours faithfully,

BramSiam

13 Responses to “Reader Question: Does Thailand Tax or Not Tax Pension Income?”

  1. david h. says up

    Maybe this Thai Revenue office link (English) can help you

    http://www.rd.go.th/publish/6045.0.html

  2. erik says up

    Yes! But there is no central line in this country and I know that some people don't pay anything because the officials are not all informed. But the answer from my side is yes.

  3. John VC says up

    Dear BramSiam,
    I also had my questions here. To be on the safe side, I went to the tax office of the city where I now live (Sawang Daen Din, Sakon Nakhon).
    When I asked whether or not I had to pay taxes on my (Belgian) pension, the answer was simply no.
    Greetings,
    Jan

  4. Hank Hauer says up

    Pension is income. This has therefore also been taxed in Thailand for years for the Dutch tax authorities

  5. fons says up

    dear people, it is true and no other way thailand does not levy taxes on income from abroad.

  6. Walter says up

    I don't have an answer to your question, but it might be interesting to mention that the answer may be different depending on whether it concerns a Belgian or a Dutch pension.
    The fact whether or not it concerns a civil servant's pension could also make a difference here, since the double taxation treaties between the two countries may contain special provisions on civil servants' pensions.

    I'm curious about the answers.

  7. carpenter says up

    My pension is transferred to my NL bank account. Because I went to the Thai Government of Taxes, I got a Thai Taxnumber and paid them a very low assessment. I did this because with that assessment I can get an exemption from the NL tax (my application has recently been sent). This does not apply to the AOW benefit and not to Civil Servants Pensions !!! Tax must always be paid in NL on these last 2…
    If the pension is paid into a Thai bank account, an exact Thai assessment can be determined - in my case only on the amounts that I myself had transferred as a pension (not savings).

  8. carpenter says up

    PS After a stay of more than 180 days Thai Tax is due. The fact that many do not do this is therefore officially not allowed. NL, Thailand has a treaty for avoiding double taxation. NL would prefer to change this treaty to taxation by the country where the wages or pension is paid… but that is not yet the case!

  9. ruud says up

    Paying taxes in Thailand is required by law if you fall within the relevant rules.
    The problem, however, is that many tax offices would rather lose you than get rich, because they have no idea what and how to calculate your tax.
    The easiest solution is to simply send you away.

    But by not paying, you violate Thai law.
    You should keep that point in mind, of course.

    And whoever wants to beat a Farang can easily find a law.

  10. theos says up

    This is an ever-recurring question. You pay tax to the Netherlands on your state pension and you pay tax to Thailand on the company pension or the like, according to the NL-TH tax treaty. Now I have never paid tax to Thailand on my pension and must therefore continue to pay tax on it to the Netherlands. A few years ago, after having a friendly Thai accountant ask the Thai tax office for information about this, he returned empty-handed with the statement issued by the Thai tax office that I, as a Tourist, did not have to pay tax to Thailand because I had no residency. I stay here on a one year Retirement Extension. Go figures! TIT

    • ruud says up

      Then the accountant has been misinformed by the tax office.
      It is best to contact a head office, and not a small branch.
      There is probably no knowledge or interest in those small offices.

      For – let's say immigration – you are not a resident of Thailand, but you are for the tax.

  11. Lung addie says up

    I simply have my pension paid into a Belgian account. Every x number of months, as needed, I transfer money from my Belgian account to my Thai account or bring cash with me when I visit Belgium. In the Thai account, taxes are charged on the interest (minimum). For the rest I don't know about other taxes, I basically have no income IN Thailand, only in Belgium. Inquiries with the tax authorities in Thailand confirmed that I do NOT have to pay any further taxes. I also do not use my pension as proof of sufficient income for my annual visa, but I do use a fixed account with a Thai bank where the required amount continues to accrue year after year. A very minimal amount is charged as tax on the interest of this account and that is it. So “indirectly” I do pay a very small tax in Thailand.

  12. john says up

    Dear people, confusion quickly arises on this subject because the formulation is sometimes somewhat sloppy or imprecise.
    When talking about tax on pension (NB: based on having worked outside Thailand) there are some elements that are very important when talking about Thai tax liability.
    a) You must be a resident, which means that you must stay in Thailand for at least 180 days a year. No resident: then no tax liability on pension income from the Netherlands.
    b) the pension must be from a non-government company. Has already been pointed out by a few people.
    c) the pension must have been brought into Thailand. This may be because the pension fund transfers it to your Thai bank account, BUT it may also be that you transfer it yourself from your Dutch bank account to your Thai bank account on a certain regular basis.
    NB in ​​the latter case you will have to report this to the Thai tax authorities yourself. After all, the tax authorities cannot know that the money that goes from your Dutch bank account to your Thai bank account is pension income.!! You are only liable to pay tax on this pension income if you meet all these conditions.
    If you read the comments with this in mind, you will see several times that not all conditions have been met or that you cannot read it because it is not mentioned at all. then the conclusion is not so strong!


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