Thailand » Taxes

Income Tax	VAT	Transfer Tax	Capital Gains Tax

Income Tax

A property owned by a company and generating an income is subject to a tax of 30%.

VAT

Residential rentals and sales are subject to 7% GST.

Transfer Tax 

In Thailand as elsewhere in the world there are costs involved in purchasing and selling property. There is a transfer tax of 2% levied against an owner who has been in registered possession of a property less than 5 years.

Capital Gains Tax

There is no Capital Gains Tax (CGT) in Thailand unlike many parts of the world, and income tax on a property acts as its replacement.