tax payable on selling a condo

[dean008]

I have looked here and am still a little unclear

As I understand there is

1. Transfer tax of 2% usually payable by the buyer, often split 1% each

2. I have owned it for 4 years thus I have to pay a business tax of 3.5% and do not have to pay stamp duty

3. I come a little unstuck with the witholding tax

Am I correct? if not, what else is payable

Can someone clarify the witholding tax details

thanks

[dean008]

hi

Thanks to another post, I now found everything I needed on this site

http://usa.siam-legal.com/property-thailand/transfer-taxes.php

Please delete me

[PattayaPhom]

Remember though, the land office will have a set price per sqm so tax will be based on their valuation and not the actual selling price...this can work in your favour or be a disadvantage.

[ezzra]

Remember though, the land office will have a set price per sqm so tax will be based on their valuation and not the actual selling price...this can work in your favour or be a disadvantage.

Indeed, to know exactly how much you'll have to pay you'll need to know the ' Rakha Pa-moun ' ( established per sqm value )

that the land department has set on your property.....