There are 2 different types of Tax levied on property in Thailand and they are called:
- Land Tax, and
- Structures Usage Tax.
Land Tax is a very small tax levied on land ownership equivalent to just a few Baht per Rai per year.
This amount is so small that the land office rarely bothers to collect it and if they do may wait a few years before the amount is worth the effort of collecting. In any commercial sense this tax can be largely discounted.
Structures Usage tax is applicable at the rate of 12.5% on the actual (or assessed) gross rental value of the property.
Lessees are not subject to this tax but may be required by the Developer to pay an “annual ground rent” instead.