House tax

[Kimera]

Can anyone tell me the current percentage for the payment of tax on a house purchase at the land offices

Thanks

[phuketjock]

Kimera I am not 100% sure but I think the tax depends on how long the previous owner has owned the

property and whether the property is owned by a company or not.

I think the tax on a property owned for 4 years or more is 2% and less than 4 years is 4% and if owned

by a company tax is 6% or more.

I think these figures are correct but as I said I am not 100% sure but you can check this easily with the

land office if you get a Thai friend to call them, hope this helps.

[Rimmer]

If you cant get a definitive answer here we can always move this to the real estate forum where I am sure someone will know.

[Kimera]

Thanks we can try that..

[Kimera]

Just sorted it, info from Siam legal web pages cover it. Thanks

[phuketjock]

Just sorted it, info from Siam legal web pages cover it. Thanks

Good news Kimera glad you got the onfo you were looking for, I think it would be

a good idea if you posted the info on here to enlighten everyone to the tax charges

for property transfer, don't you?

[Kimera]

http://www.siam-legal.com/realestate/thailand-property-taxes.php

[NamKangMan]

http://www.siam-legal.com/realestate/thailand-property-taxes.php

Out of interest, is the seller required to pay the taxes if the property is sold for less than what they originally paid for it, therefore, no capital gain made?