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Posted on 8 Jul 2025
112429
Revealing Heaven’s Secret!!!!!!
We can actually claim a tax refund
from buying or selling a house (or condominium),
which many people have never known before.
.
.
.
There are 2 conditions
under which you can claim the tax refund.
.
β Condition 1
You sell your old house
and have just bought a new one,
.
or you just bought a new house
and sold the old one later —
either way, as long as
#the time gap between both transactions is not more than 1 year.
.
β Condition 2
Your name appears on the house registration
of both the old and new house
#for a total combined period of not less than 1 year.
.
If both conditions are met,
you can request a tax refund.
.
The refundable portion includes
personal income tax
and stamp duty (or specific business tax).
.
The calculation depends on:
βοΈ Sale price
βοΈ Land Department appraisal value
βοΈ Years of ownership
βοΈ Whether your name is on the house registration
βοΈ Whether you sold first or bought first
.
But roughly speaking,
you usually get back about half
of what you originally paid.
.
βοΈ Example Calculation:
You sold your old house for 5 million baht.
Withholding tax paid = 60,000 baht
Stamp duty = 25,000 baht
.
If you buy a new house within 1 year
and have your name on the house registration for at least 1 year,
you may get a tax refund
of around half = ~42,000 baht.
.
This amount is not fixed,
it depends on the real income tax formula
and the prices of the new and old houses.
.
.
.
β Steps to Request a Tax Refund
Go to the Revenue Department office in your area.
Submit Form “Kor.10” with the following documents:
βοΈ Tax payment receipt and Land Department tax certificate
βοΈ Both purchase and sale contracts
βοΈ Copies of both house registrations (if name less than 1 year)
.
You must file at the Revenue Department directly —
it cannot yet be done online.
.
Join the discussion at
https://www.facebook.com/Ex.MatchingProperty/posts/pfbid0g7fjaEVkiVXDDs9Sp7vpkhRfu3NFqacjLj3iTLU4MsAaaHsSJgHbAVPSxT5TPxNnl
