Thailand’s (outdated) House and Land Tax, often overlooked and potentially very costly

September 3, 2024

.

Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

If you or your company own a condominium unit or villa here in Thailand that was used, even if only for one day, by someone other than its legal owner (with or without you having received rental income), then you or your company have incurred liability under the House and Land Tax Act (A.D. 1932) (“HLT“). The HLT is imposed on the owner of such structures, if they receive or should have received, rental income.

Thailand’s (outdated) House and Land Tax, often overlooked and potentially very costly

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A Thai government official’s opinion about the law does NOT mean that it is legally correct

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Thailand’s (outdated) House and Land Tax, often overlooked and potentially very costly

.

Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

Thailand’s (outdated) House and Land Tax, often overlooked and potentially very costly

Other Publications

Your off‐shore entity’s rental income tax

A Thai government official’s opinion about the law does NOT mean that it is legally correct

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