Thailand Property Taxes
for Condo, Villa, or House
The following is an overview of property taxes in Thailand and how they are calculated.
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) |
Business Tax | Seller | 3.3% of appraised value or registered sale value (whichever is higher) |
Our Thailand property lawyers can give suitable advice on the fitting property investment avenue which is specific to our every clients. You may contact us anytime and see what we can do to assist with your property taxes in Thailand.