30 % Tax ?

[swissie]

Not sure anymore. Is there a 30 % tax on the sale of a property, if sold in less than 3 years after purchase?

Thanks & cheers.

[swissie]

Since there is no reply, I assume this 30% Tax does not apply.

[saengsureeya]

The only thing you may assume, is that none of the readers do know the answer or take the effort to answer.

AFAIK there is tax to be paid on the profit (if any) at a house-sale. The amount depends on the ownership......whether it's a company or a private-person.

[ballbreaker]

No.

You can find more detailed info at:

http://www.samuiforsale.com/knowledge/real-property-transfer-taxes-and-fees.html

[canopus1969]

Whay not ask at the Land Office ?

[MJCM]

No.

You can find more detailed info at:

http://www.samuifors...s-and-fees.html

Ballbreakers link says it all:

Transfer Fee 2% over the appraised value of the property

Business Tax 3.3% over the registered (sale) value or appraised value (whichever is higher)

Stamp Duty 0.5% over the registered value

• Withholding tax;
  
  • if the seller is a company withholding tax is fixed at 1% over the registered sale value or appraised value (whichever is higher)
    
  • if the seller is a private person withholding tax is calculated at a progressive rate based on the appraised value of the property
    

Business Tax 3.3% over the registered (sale) value or appraised value (whichever is higher)

if the seller is an individual (not a company) Specific Business Tax does not have to be paid if:

• The seller has possessed the property more than five years before the transfer (the transferred real property has been used as the principal place of residence, and the seller’s name appeared in the house register for not less than one year from the date of acquiring such property).
  

[ThaidDown]

An example of the withholding tax calculation, which may clarify, is shown here...

http://lawonline.weebly.com/property-transfer-tax-and-fee.html