rubl
Crazy Mango Extraordinaire
The wondering type
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Post by rubl on Nov 22, 2020 13:22:40 GMT 7
Having turned 65 years old a few months ago I started to look at the Thai tax system again, I found this interesting booklet from PWC www.pwc.com/th/en/tax/assets/2020/thai-tax-2020-21-booklet.pdfIt includes the sentence "In addition, a resident of Thailand who is 65 years of age or older is entitled to personal income tax exemption on income up to an amount not exceeding Baht 190,000" The angle might be in "resident" rather than taxpayer. I don't have a resident permit, I am and have been in Thailand on non-B yearly extension for the last 25 years. Anyone here who knows more?,
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Post by eldivino on Mar 13, 2021 17:07:07 GMT 7
Having turned 65 years old a few months ago I started to look at the Thai tax system again, I found this interesting booklet from PWC www.pwc.com/th/en/tax/assets/2020/thai-tax-2020-21-booklet.pdfIt includes the sentence "In addition, a resident of Thailand who is 65 years of age or older is entitled to personal income tax exemption on income up to an amount not exceeding Baht 190,000" The angle might be in "resident" rather than taxpayer. I don't have a resident permit, I am and have been in Thailand on non-B yearly extension for the last 25 years. Anyone here who knows more?, You don’t need a PR to be a resident. Isn’t that the same type Don deduction that everyone working here gets, just a different amount (I’m well below 65yo and still haven’t gotten my PR and get something around 100,000 I think). It’s obviously a question to discuss with a tax advisor or accountant (or so your own research) but I believe once you pay personal income tax here that deduction should apply.
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