Thai Property Transfer Taxes and Fees

We have included a brief explanation of how the transfer duty and taxes are calculated and who is responsible for paying which portion of the fees when the property is transferred. When you purchase property in Thailand, the transfer fees and duties are different from those in your home country. Always be sure to consult your lawyer about what to expect in advance if you have any queries.

The breakdown of the taxes and fees is the first thing you need to know about transferring property in Thailand. Here is a list of them:

Transfer Fee: This is a percentage of the property's appraised value that is being transferred. Thailand charges 2% of the property's value as transfer fees. The transfer tax on the property is either paid by the buyer or, less frequently, is split between the buyer and the seller.

Business Tax: 3.3% of the property's sale price or appraised value is the business tax that must be paid over the asset. In Western terminology, it's either the sale price or the property's municipal value, whichever is higher. Ask your lawyer in Bangkok who will be responsible for paying the transaction's business tax. Note that this tax consists of 3% Business Tax + a Municipal Tax of 10% assessed on the amount of the specific business tax (total tax 3.3%).

Stamp Duty: In Thailand, the transaction's stamp duty is equal to 0.5 percent of the property's sale price. In Thailand, the Stamp Duty is typically covered by the seller in the transaction. Take note that stamp duty is not due if specific business tax is paid. One or the other must be compensated.

Withholding Tax: Whether the sale is an individual or a business will affect the tax. The withholding tax is set at 1% of the registered sale value or appraised value if the seller is a corporation (whichever is higher). Nonetheless, withholding tax is determined at a progressive rate based on the assessed value of the property if the seller is a private individual.

Note of Specific Business Taxes:

This is significant in light of the Thai business taxes that must be paid. In the following situations, no specific business taxes are due in Thailand:


Special Business Tax is exempt from payment if


  • If the property has been yours for more than five years;
  • if you leave the possessions to an heir in your will;
  • If you give the property to your biological child—as opposed to, example, an adopted child.
  • If you are giving it to Thai government organizations.
  • If you're moving it to a mosque, church, or temple.
If there is a lease agreement covering the property, take note that a lease registration fee may be due. Typically, this amounts to 1% of the total leasing value for the entire period of the contract. A 0.1% stamp duty of the lease's value is also required, which is paid to the Thai Land Department. Before you sign any paperwork if you plan to purchase real estate in Thailand, consult with a lawyer first.

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