Thailand: No change for Thailand’s land and buildings tax rates for 2022
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On December 13, 2021, the Royal Decree fixing the rates of property and property taxes BE 2564 (2021) was published in the Official Journal. The Royal Decree, which was issued under the Law on Land and Real Estate Tax BE 2562 (2019) and takes effect on January 1, 2022, maintains the current rates of property and property tax, which have been in effect since 2020.
The property and property tax rates for each type of property covered by the Royal Decree are indicated below:
The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.
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