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Posted

Those of you enjoying a life in the country with a few Rai and a house. Is there an increased property tax thanks to Prayut? Won't go into detail but feeling abused. Thank you.....

Posted (edited)

There were changes made (long overdue) but do not know details.  Should put some of the unused homes and property into the real estate market rather than sitting idle for a lifetime but not sure of timing or who it affects most but do not believe it changes things much for most people. 

Details here.

http://www.khaosodenglish.com/news/business/2018/11/23/thai-law-behind-new-property-taxes-a-historic-push-for-redistribution/

Edited by lopburi3
Posted
21 minutes ago, lopburi3 said:

There were changes made (long overdue) but do not know details.  Should put some of the unused homes and property into the real estate market rather than sitting idle for a lifetime but not sure of timing or who it affects most but do not believe it changes things much for most people. 

Details here.

http://www.khaosodenglish.com/news/business/2018/11/23/thai-law-behind-new-property-taxes-a-historic-push-for-redistribution/

Thank you......

Posted

Good report but question still remains, seems that up until 2020 no taxes were required on a few rai of rice paddie and a new house if it didn't generate rent. Has anyone been paying taxes?? And if so how much? 

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