This information is for reference only and is not legal advice. Consult a licensed lawyer before any transaction.
Law
Law & article library
Laws
Taxes 5
- Law · official textAnti-Money Laundering ActCriminalizes laundering and makes banks, land offices and agents verify clients and report suspicious property payments; assets can be seized and forfeited.
- Law · official textExchange Control Act (FET)Every inbound transfer to buy a condo needs a Foreign Exchange Transaction (FET) form: without it no foreign-name registration and no later repatriation of proceeds.
- Law · official textLand and Building Tax ActAnnual tax on land, buildings and condos based on appraised value; rates vary by use, with a surcharge on long-unused land.
- Law · official textRevenue Code - Personal Income Tax (rental & residence)Taxes income including rent: sets tax residency, rates, deductions, withholding and annual filing. Key if you rent out Thai property.
- Law · official textRevenue Code - Property Transfer TaxesTaxes on property transfers: 3.3% Specific Business Tax or 0.5% stamp duty, plus income-tax withholding collected by the Land Department at registration.
Articles
- Article · plain wordsTaxes and Fees When Buying a Condominium in Thailand: Who Pays What and How MuchA breakdown of the four payments involved in transferring condominium ownership in Thailand - transfer fee, specific business tax, stamp duty, and withholding tax: rates, who pays, and how the tax base is calculated.
- Article · plain wordsAnnual Land and Building Tax in Thailand: Rates, Exemptions and DeadlinesHow the annual Land and Building Tax works in Thailand under the Land and Building Tax Act B.E. 2562 (2019): rates for residential property, condominiums and commercial use, primary-residence exemptions, payment deadlines and penalties.
- Article · plain wordsTaxes on Rental Income from Real Estate in ThailandHow rental income from real estate is taxed in Thailand: personal income tax rates, tax residency status (180 days), the mid-year PND 94 return due by 30 September, deductions, withholding tax, and penalties.
- Article · plain wordsSpecific Business Tax (SBT) in Thailand: What the Seller Pays on Resale Before 5 YearsHow the Specific Business Tax (SBT, 3.3%) works when selling real estate in Thailand before five years of ownership, who is exempt, and how it differs from stamp duty.
- Article · plain wordsTaxes and Fees on Property Transfers in Thailand: Who Pays What and How MuchA breakdown of all payments required at the Thailand Land Office when registering a property transaction: the transfer fee, the Special Business Tax, stamp duty, and withholding tax - rates, responsible parties, and calculation methods.