New Property Tax Rates in Thailand
The deadlines are approaching! Therefore, if you are an owner of land or building in Thailand, you must know about the new tax rates and reductions. Although announced in December 2022, many of you might have missed out on the details. Now as the extended deadlines are nearing, we take it our responsibility to update […]
Do You Have to Pay Property Tax in Thailand?
Your property in Thailand can be a source of your income. Even if not, there are real estate regulations in Thailand that can obligate you to pay taxes for the same. You may earn by selling your property, or, gain from the rent you receive from them. Based on the type of your tax entity […]
Property Taxes in Thailand: No Change in 2022
Are you a Property Owner in Thailand? Or are you planning to Purchase a Property in Thailand? In any or both the cases, you must have an apt knowledge about the recent protocols on Property Taxes in Thailand. According to Finance Minister Arkhom Termpittayapaisith, the land and building tax is still granting a payment discount […]
Property Tax in Thailand: All You Need to Know
The Building and Land Tax Act of Thailand governs the regulation of the collection of building, housing, and land taxes annually. Although there is no universal annual property tax in Thailand, if private owners rent out or utilize their property for commercial purposes, a 12.5% annual housing and rent tax is applied. However, for many […]
Want to Buy a Property in Bangkok or Chiang Mai. How much Thai Property Tax You Need to Pay?
Want to Buy a Property in Bangkok or Chiang Mai. How much Thai Property Tax You Need to Pay? See there’s no general Thai property tax as such. But in case real properties of Thailand are put to use for commercial purposes, then that must under the Building and Land Tax Act pay a certain […]
