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Taxes - transfer and income

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With prospect of my Villa sale ( house and leased land) any comment on the above taxes due at land dept. ? Have heard ( maybe bar talk) about agreed sale figure to be less for purposes of registration of sale lessening the income tax liability. Any thoughts?

I think you will find the land office appraisal is close to the sale price now days, you can say a smaller sales price, but not below the appraised price. Not sure about leasehold appraisals. Also, you may have trouble exporting more money than the (advised) sale price, if you intend to take the money back out of Thailand.

 

The last condo I brought, the land office appraisal was 1.25 m and I paid 1.3m

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