Reductions in prperty's transfare cost?

[ezzra]

Today was told by a Thai realty agent that the government announce that starting next year

there will be significant reductions in some of the taxes payable when selling/buying a property

in Thailand,, any body heard such declaration from creditable source?

[cheeryble]

It's happened before.

Unfortunately I think that like giving rebates on cars it interferes with market dynamics and whilst the reduction period will stimulate sales there will be a corresponding rebound down afterwards.

[BEVUP]

sure will but your actually paying half of the develpors sh*te in the amphurs taxes

[cheeryble]

sure will but your actually paying half of the develpors sh*te in the amphurs taxes

How so?.....transfer taxes aren't cheap and the LOs commonly display how much they collected each year.

Though whether it stays in the amphor or goes upstairs to central govt or soemthing in between I don't know.

[PattayaPhom]

They have befor the same as offering free visas to stimulate the economy, however at present I would think your agent speaks in a soft voice and is from China