Welcome to Thailandblog.nl
With 275.000 visits per month, Thailandblog is the largest Thailand community in the Netherlands and Belgium.
Sign up for our free e-mail newsletter and stay informed!
Newsletter
Language setting
Rate Thai Baht
Sponsor
Latest comments
- Luit van der Linde: That what falls in Thailand does not fall in neighboring countries is a bit too simplistic. If it rains more in Thailand then it has to go in
- Berbod: I was notified last week that the fees were being increased from 0,69% to 0,74%. When the exchange rate is favorable, I always make purchases via ideal g
- Ton vdM: You write: “Belgian customs invariably forwards a tax assessment to the sender in Belgium.” If the sender is in Be
- George: As a natural father with balls, you could of course also become a single father of a conceived child. Let's see whoa
- Henk: Beats. At the moment of typing, the rate at Paysend is ThB 38,8002 and at Wise ThB 39,2706
- Luit van der Linde: Wise itself has also increased the costs, see my email: You previously converted 27317 from your EUR balance to your THB balance
- Aaron: Actually a nonsense response. If the bottom line is that I get less money in my account in Thailand, I don't call that an alternative
- Harry Roman:
- janbeute: Krungsri bank arranged for the certified letter of the bank in less than an hour, including the accompanying annual statement
- Cornelis: I am not blinded by the lower costs, and I am not saying anywhere that Remitly is the cheapest option 'bottom line'
- Cornelis: I use IDeal, Jan.
- Roger: Sorry, but you tell yourself that the exchange rate is favorable there. I just did the simulation: – Paysend: 1 euro
- Rudolf: Generating rain with cloud seeding seems to me to entail the risk that there will be too little (drinking) water later.
- Berry: I can't find any advantage in using a credit card and Wise. (Or you should not have the money available
- Alex Ouddeep: Bung's death should prompt the Minister of Justice to take steps to amend Thai law and her
Sponsor
Bangkok again
Menu
Arrivals Bangkok Airport
DOSSIERS
Learning objectives and topics
- Background
- Activities
- Advertorial
- Diary
- Tax question
- Belgium question
- Sights
- Bizarre
- Buddhism
- Book reviews
- Column
- Corona crisis
- The Culture
- Diary
- Dating
- The week of
- Dossier
- To dive
- Economy
- A day in the life of…..
- Islands
- Food and drink
- Events and festivals
- Balloon Festival
- Bo Sang Umbrella Festival
- Buffalo races
- Chiang Mai Flower Festival
- Chinese New Year
- Full Moon Party
- Christmas
- Lotus Festival – Rub Bua
- Loy Krathong
- Naga Fireball Festival
- New Years Eve celebration
- Phi ta khon
- Phuket Vegetarian Festival
- Rocket festival – Bun Bang Fai
- Songkran – Thai New Year
- Fireworks Festival Pattaya
- Expats and retirees
- state pension
- Car insurance
- Banking
- Tax in the Netherlands
- Thailand tax
- Belgian Embassy
- Belgian tax authorities
- Proof of life
- DigiD
- emigrate
- To rent a house
- Buy a house
- In memoriam
- Income statement
- King's day
- Cost of living
- Dutch embassy
- Dutch government
- Dutch Association
- News
- Passing away
- Passport
- Retirement
- Drivers license
- Distributions
- Elections
- Insurance in general
- Visa
- work
- Hospital
- Health insurance
- Flora and fauna
- Photo of the week
- Gadgets
- Money and finance
- History
- Health
- Charities
- Hotels
- Looking at houses
- Isaan
- Khan Peter
- Koh Mook
- King Bhumibol
- Living in Thailand
- Reader Submission
- Reader call
- Reader tips
- Reader question
- Society
- marketplace
- Medical tourism
- Environment
- Nightlife
- News from the Netherlands and Belgium
- News from Thailand
- Entrepreneurs and companies
- Education
- Research
- Discover Thailand
- Opinions
- Remarkable
- Calls
- Floods 2011
- Floods 2012
- Floods 2013
- Floods 2014
- Winter prices
- Politics
- Poll
- Travel stories
- Travel
- Organizations
- Shopping
- Social media
- Spa & wellness
- Sport
- Cities
- Position of the week
- The beach
- Language
- For sale
- TEV procedure
- Thailand in general
- Thailand with children
- thai tips
- Thai massage
- Tourism
- Going out
- Currency – Thai Baht
- From the editors
- Real estate law; and
- Traffic and transport
- Visa Short Stay
- Long stay visa
- Visa question
- Flight tickets
- Question of the week
- Weather and climate
Sponsor
Disclaimer translations
Thailandblog uses machine translations in multiple languages. Use of translated information is at your own risk. We are not responsible for errors in translations.
Read our full here disclaimer.
Royalty
© Copyright Thailandblog 2024. All rights reserved. Unless stated otherwise, all rights to information (text, image, sound, video, etc.) that you find on this site rest with Thailandblog.nl and its authors (bloggers).
Whole or partial takeover, placement on other sites, reproduction in any other way and/or commercial use of this information is not permitted, unless express written permission has been granted by Thailandblog.
Linking and referring to the pages on this website is permitted.
Home » Reader question » Thailand question: KBC where my pension is deposited, asks for a TIN number?
Dear readers,
I am Belgian and deregistered in Belgium and have been for a number of years. Now I have received a message from KBC where my pension is being paid with the request to forward a TIN number to them for tax purposes.
I don't understand why they ask this since I have no income or work in Thailand, I suppose I can't have a TIN number or am I mistaken?
Regards,
Marcel
Editors: Do you have a question for the readers of Thailandblog? Use it contact form..
Dear Marcel, TIN is a unique identification number used by the Thai tax authorities in this case to see whether tax obligations and payments are met. Perhaps the Thai Revenue Department has asked KBC to carry out checks at (a selection of) customers. Same thing happens in BE/NL by banks. A TIN number can be requested at the counter of the local Thai tax authorities.
So go to the office of the Thai Revenue Department in your place of residence; bring your passport with your visa/immigration documentation, your yellow house book or otherwise a Proof of Residence and show that you stayed in Thailand for at least 180 days last year.
You say you have no income in Thailand, but that is wrong. You have been living in Thailand for a number of years and you receive your pension monthly (I think) in a Thai bank. For tax purposes, this counts as income in Thailand.
If you have been living in Thailand before COVID and have been vaccinated here, you will have a 13-digit number in your vaccination data under which you are registered in Thailand.
Dear Marcel,
as file manager 'Deregistration for Belgians' at TB, I can only tell you:
– are you 100% sure that this e-mail comes from KBC? It could also be a phishing email. So first consult KBC and not as a 'reply' to the received mail, but via their own website.
– you are the first person I know to be asked this question, as the bank has virtually nothing to do with the IRS unless you exceed a certain annual rate. Then they have to levy taxes on this interest. Certainly not for your pension.
– they may not know officially at KBC that you live in Thailand. By the way, this is not an obligation upon deregistration. As a taxpayer not living in Belgium, you are broadly fashionable, subject to exactly the same tax conditions as if you were living in Belgium, and the KBC bank has no say in that either. The withholding tax is already paid at source, by the pension service, and the final settlement by the tax authorities and not by the bank.
Since you have no income from Thailand, you will not get a TIN.
Advice: after checking and confirming whether the e-mail actually came from KBC, send an e-mail to KBC bank and make this clear to them. Write that they can, if necessary, obtain information from the Belgian embassy in Bangkok about not having or being unable to obtain a TIN.
Dear Lung Addie
You write "The withholding tax is already done at source, by the pension service"
In my case they don't do that and I will receive (this month) a demand for payment for a whole year.
This creates problems because one cannot simply transfer money in Thai Baht to the account of the Belgian tax authorities.
Now my Thai wife is harassed by the Thai tax authorities because of the money that I transfer here every month to her account: don't we have a Thai - Belgian agreement to avoid double taxation? I am not transferring my full Belgian pension because I also have obligations in Belgium.
Can the Belgian tax authorities issue a certificate (in English) that I pay tax in Belgium (tax rate 17.1%)?
With thanks
Dear Fredi,
This is indeed food for thought!
I also transfer an amount to my wife's account a few times a year to be able to live here. The reason is simple, my bank does not accept 'larger' amounts from abroad.
If I'm not mistaken, there are only 4 banks where larger amounts can be transferred to (was already discussed in a previous topic). At the time I wanted to open an account with the same bank as my wife's, but this was refused.
So this is a pressing problem. When the Thai tax authorities start checking the transactions to the Thai ladies and they have to prove the origin of the funds, then we are far from home.
The laundry list of disadvantages for the Farang in Thailand is getting bigger again... we can never be satisfied like that 🙁
Dear Fredi,
contact me at my personal email address and I will answer your question.
Also give me some more details.
[email protected]
According to my tax office, the Thai ID number is also sufficient.
Been reporting in Khon Kaen for years with my Thai ID number.
Marcel ::I don't understand why they ask this since I have no income or work in Thailand,
In Thailand, your money that you receive from abroad, so your pension from Belgium, is regarded as income and you have to declare that to the tax authorities in Thailand and that is how you get your TIN number.
Whether or not you have to pay tax on this depends on many factors, but it is often a small amount. So go to the Thai tax office, you don't want to get into trouble.. SUCCESS.
Maybe people really should stop giving wrong information.
As a retired Belgian you pay your taxes in Belgium and you absolutely do not have to declare anything in Thailand.
As a result, you cannot get a TIN number here in Thailand. By the way, as a pensioner you are not even allowed to have an income here.
Feel free to report this to your bank branch. I was once asked the same question and my answer was sufficient for the bank.
You may have income, but you may not work. Income can be obtained in different ways.
Got that question from a Be years ago. bank as written out from BE., and explained the same, and also noted to them that Thailand was not in the OECD countries (now it is), this usually results from the “KNow Your Costomer” rule.
Reply received with apologies, and they said that this was because this was sent to all foreign customers as standard without actually checking every country regarding whether or not OECD country, then never received a question about this.
However, Thailand is now a member of OECD, so maybe that's why….
Even now that I live back in Belgium, and when I opened a KBC account I even had to declare that I did not have a US green card or account …….all consequences of that US fatca system
A TIN number (Tax Identification Number) for Belgian taxes is often referred to as a “national register number” or “INSZ number” (Social Security identification number). This number serves as a unique identification of a person at various authorities, including the tax authorities.
The INSS number consists of 11 digits and can be found on the back of the Belgian identity card (for example: 93.06.26-xxx.xx).
I assume the question is about a Thai TIN number.
Do you really think that a Belgian bank does not have the TIN number of a Belgian pensioner? When registering, every customer had to present their ID card, which contains all the information they need to know.
By the way, if the validity date of your ID card expires, you will have to present your new ID card to have it scanned again at your bank branch. By the way, I wonder how this works for customers who (like us) live abroad.
advice: change your bank and apply for a WISE account. Wise can also transfer money cheaply to Thailand. Of course, if the account has been opened, inform your payers of the bank change and cancel the KBC.
Dear TB Readers,
this is about a Belgian. Answering how things are going for the Dutch is of no use to the questioner. The tax regime for Belgians is completely different from that for the Dutch. If the new arrangement, regarding the treaty, which the Netherlands has with Thailand, comes into effect, you will fall under the same conditions as the Belgians: EVERYTHING that comes from the Netherlands will then be taxed in the Netherlands and only in the Netherlands. That is how it has been, for the Belgians, now and always.
We Belgians do not have to declare our pension, coming from Belgium, as INCOME in Thailand in Thailand.
Certainly, for Belgians this differs from the Dutch…
And this applies to several aspects. It is not always clear from which country the person who starts the discussion comes from, nor from which location the answers come from. My suggestion to the forum administrators: Couldn't an option be considered to add a field for the questioner to indicate his nationality and country of residence, and make this visible to the readers?
That doesn't make any sense, people just read badly. The reader question begins with: I am Belgian and deregistered in Belgium. What else do you have to add to make it clear that it concerns taxes in Belgium?
Very correct Peter, that makes no sense. In fact, there are quite a few answers here that have nothing to do with the question. Even worse, the wrong answers based on your own imagination cause a lot of confusion.
Fortunately, there is still a forum administrator who stops the really off-topic reactions and we already know who the specialists are for certain topics.
Well, this is social media. But it is not always easy to filter out the nonsense.
Isn't the TIN number the same as the number in your yellow book job??
As NL I have paid tax in Thailand and the number on the tax papers was the same as in my yellow booklet.
Got that question from a Be years ago. bank as written out from BE., and explained the same, and also noted to them that Thailand was not in the OECD countries (now it is), this usually results from the “KNow Your Costomer” rule.
Reply received with apologies, and they said that this was because this was sent to all foreign customers as standard without actually checking every country regarding whether or not OECD country, then never received a question about this.
However, Thailand is now a member of OECD, so maybe that's why….
Even now that I live back in Belgium, and when I opened a KBC account I even had to declare that I did not have a US green card or account …….all consequences of that US fatca system