Navigating Thai Property Taxes: A Comprehensive Guide

When it comes to owning property in Thailand, understanding the taxation landscape is essential. Here's a concise breakdown of the key taxes you need to know:

Corporate Tax:

• Small businesses: 20-25%
• SET-listed companies: 25%
• Newly registered companies: 20-25%
• Banking facilities & headquarters: 10%
• Associations & foundations: 2-10%

Withholding Tax:

• Employment income: 5-37%
• Rents, prizes, services: 1-5%
• Public entertainer remuneration: 5-37%
• Advertising fees: 2%

Personal Income Tax:

• Graduated scale, 0-37%

Property Taxes:

• Transfer fee: 2%
• Stamp Duty: 0.5%
• Withholding Tax: 1% (seller)
• Business Tax: 3.3% (seller)

Land and Building Tax:

• Calculated based on assessed value

While this guide provides an overview, taxation complexities can vary. For precise advice, seek professional guidance. Owning property in Thailand can be a rewarding venture when you're well-informed.