... is aimed at curbing land speculators, Dr Somchai said the rates under the new draft could be lower than those currently applied.
The current land and propertytax bill imposes a tax rate of 12.5% of ...
Do not pay more transfer fees, stamp duty and taxes than necessary
Transfer fees and taxes of immovable property
LAND OFFICE transfer tax of immovable property (land, house, condominium)
Transfer ...
Thailand PropertyTaxes
Housing and Land tax in Thailand
BUILDING OR HOUSING AND LAND TAX is collected yearly by the local government where the property is located. For individual property owners if ...
Real estate transfer tax/other taxes
Transfer of real property is subject to property transfer fee at the rate of 2% on the government assessed value. There will be stamp duty at 0.5% when the real property ...
Tax break (temporary rate reduction)
Tax breaks become official today Source: Bangkok Post March 29, 2008 Tax breaks for property buyers will become effective today with the official publication ...
Under-declaring and avoiding propertytaxes in Thailand
Tax fraud concerning real estate transactions with foreigners
Intentionally underdeclaring land and house or property taxes or avoiding tax liabilities ...
Local Land Tax Rate in Thailand
Local land tax is assessed on the land value with a progressive rate depending on the size of land holding.
Estimate Value Baht/Rai
Tax/Rai
Remark ...
... specific business tax is applied over the selling price or gov appraised value whichever is higher if the property is held less than 5 years. The government transfer fee is 2% over 3,000,000 baht making ...
Enforceability of a rental with a fixed term and consecutive leases
Thai Lease Registration
REGISTRATION OF LEASES LEASEHOLD RENTALS EXCEEDING A 3-YEAR TERM
Under property rental and lease laws in ...
Thailand has similar property laws and regulations as western countries as the Thailand Civil Code is based on the mainland European civil law system and copied aspects from common law countries. Thai ...
Temporary Property Transfer Tax Fee Reduction
Thailand Real Estate Taxes
In order to boost commercial sale of real estate in Thailand the Thai government issued a temporary reduction on specific business ...
... sale is considered 'sale of an immovable property in a commercial or profitable manner' (section 91 bis Revenue Code) and subject to 3,3 % sspecific business tax (assessment tax) calculated over the government ...
Usufruct gives the right to use and obtain limited control of another man's immovable property
USUFRUCT LAWS IN THAILAND
The right of usufruct transfers possession, use and enjoyment of an immovable ...
... interest in land.
Right of Superficies in Thailand
A right of superficies is a real property right (attached to the land or part of the land area covered by title deed) and legally separates ...
... but with property holding companies the main additional issue is that the Thai shareholders hold the shares in the company on behalf of the foreigner, the actual owner of the shares is legally considered ...
Buying real estate, land and house
Land ownership in Thailand for foreigners
Author: Robert M. Spelde (LL.M)
Under the Thailand Civil and Commercial Code foreigners in principle have the same property ...
... this Chapter.
Section 39 In this Chapter, unless the context otherwise requires:
“Assessable income” means income that is taxable under this Chapter. Such income also includes a property or any other ...
... of assets (like property) is taxable income. There is no specific capital gains tax in Thailand. Capital gains are subject to tax in the same manner as any other forms of income.
An individual must file ...
Inheritance tax is a levy paid by the person who inherits an estate (money or property) or a tax levied on an heir's inherited portion of an estate. Thailand does not have a specific inheritance tax system, ...
Whether the contract is called rental, tenancy, lease or leasehold such agreements in Thailand are governed by the civil and commercial code, chapter 'rent of property'. Any agreement whereby the owner ...
Note: English translations of the original Thai law texts are prepared for reference purposes only. Only the Thai script versions, as published in the royal Thai government gazette (ราชกิจจานุเบกษา), shall have legal force in Thailand.
Practical advice from real lawyers on most common legal issues for expats in Thailand. Samuiforsale provides general Thai legal information and law resources in English over the Internet. The information in samuiforsale should be used as general Thai legal information but should not be treated as a substitute for specific legal advice concerning individual situations.