What Taxes and Costs are Applicable to Purchasing a Property?

Whenever a property in Thailand is bought and sold, there are three taxes that need to be taken into account. • Land registration (transfer fee) of 2.0% of assessed value of the land.
• Stamp Duty/Fee of 0.5% of the assessed value or the sale price – whichever is higher.
• Specific Business Tax of 3.3% of the assessed value or the sale price – whichever is higher – this will be applied to all sales by companies and to any private sales that occur within 5 years of the date of purchase.