les1 Posted February 29, 2016 Share Posted February 29, 2016 I am told that there is a reduction on tax due on resales until april. Does anyone know the ins & outs of this? Thank you any information welcomed. Link to comment Share on other sites More sharing options...
CharlieH Posted February 29, 2016 Share Posted February 29, 2016 This really suited to the realestate forum. MOVED Link to comment Share on other sites More sharing options...
anto Posted February 29, 2016 Share Posted February 29, 2016 No . Link to comment Share on other sites More sharing options...
les1 Posted March 1, 2016 Author Share Posted March 1, 2016 This really suited to the realestate forum. MOVED Thank you, didn't realise there was one. Link to comment Share on other sites More sharing options...
baansgr Posted March 1, 2016 Share Posted March 1, 2016 The tax is reduced from 2% to .01% until April Link to comment Share on other sites More sharing options...
TheCruncher Posted March 2, 2016 Share Posted March 2, 2016 The tax is reduced from 2% to .01% until April But the reduction is not on resales, only on new projects to a certain value, which I think is 3 million. Link to comment Share on other sites More sharing options...
les1 Posted March 2, 2016 Author Share Posted March 2, 2016 Thank you everyone... Link to comment Share on other sites More sharing options...
Rocketsurgeon Posted March 6, 2016 Share Posted March 6, 2016 So, the tax on developers selling new projects under 3m has been reduced? How does that help anyone but developers??? Link to comment Share on other sites More sharing options...
TheCruncher Posted March 6, 2016 Share Posted March 6, 2016 So, the tax on developers selling new projects under 3m has been reduced? How does that help anyone but developers??? You should change your username, as it isn't rocket science that it benefits the buyer of the new condo, since he has to pay only .01% transfer tax. Link to comment Share on other sites More sharing options...
joy16 Posted March 8, 2016 Share Posted March 8, 2016 The tax is reduced from 2% to .01% until April But the reduction is not on resales, only on new projects to a certain value, which I think is 3 million. It is the reduction of transfer fee from 2% to 0.01% for both new and second hand room/house. The first room/house and value not more than 3 million baht only apply to who want to reduce the income tax. Link to comment Share on other sites More sharing options...
max72 Posted March 17, 2016 Share Posted March 17, 2016 The reduction is until 26 April Link to comment Share on other sites More sharing options...
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