chickencurry Posted April 17, 2010 Share Posted April 17, 2010 Can anyone advise if the property taxes applicable to a house sale are set at contract date or at completion date? This is a re-sale property which we are about to sell. Link to comment Share on other sites More sharing options...
Langsuan Man Posted April 17, 2010 Share Posted April 17, 2010 If you are talking about the "transfer tax" , then it is applicable when the transfer is registered at the Land Office, it has nothing to do with the date anyone entered into a contract to sell or purchase property Link to comment Share on other sites More sharing options...
chickencurry Posted April 18, 2010 Author Share Posted April 18, 2010 I was thinking about all the taxes - Transfer Fee, Specific Business Tax (if applicable), Stamp Duty, Withholding tax. I understand that reductions are currently in place, now extended to end May I believe. Link to comment Share on other sites More sharing options...
clinique Posted April 18, 2010 Share Posted April 18, 2010 (edited) it is only the transfer tax which is on a tax holiday at 0.10% of transaction. this will increase back to 2-3% after 31 maty as in other post,, is not related to dates on contactcs, if you tansfer on or before 31 may its at the reduced rate, if after 31 may its the new rate.. the transfer fee is fixed flat - 600 baht the SBT has not been reduced..still 3.3% - this is the sellers responsibiltiy.. only transfer fee and transfer tax are buyers responsibility or 50/50 if you have negotiatedthat with buyer.. Edited April 18, 2010 by clinique Link to comment Share on other sites More sharing options...
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