A company will buy my land. I understood that I am responsible to file and pay all amounts for personal income tax to the Land Department. For this mentioned, who is responsible for the tax payment, is it me or the company (buyer of my land)?
Panwa: Normally the seller is responsible to pay for such tax, however, it still depends on the agreements of both parties.
And, kindly see the details for property tax in Thailand and tax rate for personal income tax filing from the income that made from hire of property, click here.
For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th