For Condo, Villa, or House
The following is an overview of property taxes in Thailand and how they are calculated.
Please consult one of our property lawyers with regards to your property taxes in Thailand.
Thailand Property Taxes
Transfer fee 2% of the registered value of the property
Stamp Duty 0.5% of registered value. Only payable if exempt from business tax
Withholding tax 1% of the appraised value or registered sale value of the property (whichever is higher and if the seller is a company). If the seller is an individual, withholding tax is calculated at a progressive rate based on the appraisal value of the property.
Business tax 3.3% of the appraised value or registered sale value of the property (whichever is higher). This applies to both individuals and companies.
TAX WHICH PARTY NORMALLY PAYS AMOUNT
Transfer fee Buyer 2% of registered value
Stamp Duty Seller 0.5% of registered value
Withholding Tax Seller 1% of appraised value or registered sale value (whichever is higher)