What is property tax? Do you have to pay this tax?

It's already mid-February. But there is still time to prepare for those who have the duty to submit a form to pay house and land tax (Phor Ror Dor 2), which requires property owners to have the duty to complete the process within February of every year. If you still don't know whether you are eligible to submit Form Por.Ror.Dor.2 or not or whether you will have to pay property and land tax or not. Find the answer in our article this time.

property tax

property tax

What is property tax?

property tax It is a tax that is levied on houses or other buildings. with land that is continuously used with houses and buildings If we talk about greenhouses, it may be difficult to understand what they mean. Buildings here refer to buildings, shophouses, houses, shops, offices, hotels, movie theaters, hospitals, banks, schools, condominiums, dormitories, warehouses, etc. Other buildings refer to buildings that are permanently constructed on land, such as bridges, piers, oil storage tanks, reservoirs, etc. which can generate income for the owner of the property Including land which is continuously used for houses and various buildings. It is a joint use of continuous land.

Who is responsible for paying property tax?

In general cases, the owner of the property is subject to taxes. is the person who is responsible for paying taxes Except in the case where the land and buildings, buildings or structures are owned by different people. Specify the entry of ownership of the building. The house or building is responsible for paying taxes.

What type of property is subject to property and land tax?

House or building and the land that is continuously used with the house and buildings Provided that in the previous tax year the property was used in the following activities:

1. For rent

2. Used as a trading place

3. Used as a place to store products, a warehouse

4. Used as an industrial establishment

5. Let relatives, father, mother, children, or others live there.

6. Use for other business operations to earn money and does not fall under the legal exception

What type of property is not subject to property tax?

1. A palace that is part of the country

2. State property used in government or public business and State Railway of Thailand property used directly in the railway's business.

3. Public hospitals and public schools Doing business is not for personal profit.

4. Religious property is used only for religious activities or is the residence of monks.

5. Greenhouses or other buildings which is closed all year and the owner does not live there himself or let others stay except the watcher

6. Houses or buildings of the National Housing Authority where the renter lives. Not used for storage or industrial operations or business to earn income

7. Houses or other buildings where the owner lives or has a representative stay and watch over it which is not used as a storage area or industrial operations

It can be seen that the houses that the owners live in are Not being used as a business, industry, or warehouse is exempt from property and land taxation.

Where can I file a tax return and pay tax?

People who own property that are subject to house and land taxes. Submit a form to pay house and land tax (Phor Ror Dor 2) within February. This can be submitted at the Revenue Department, District Office in the area where the property is located.

If the taxpayer owns multiple properties in multiple jurisdictions You can submit a form for paying house and land tax at the Revenue Division, Finance Office, Bangkok City Hall.

After submitting the form to pay the house and land tax. Those responsible for paying taxes will receive an assessment notification (Phor.Ror.Dor.8). Please bring the said document to pay taxes within 30 days at the Finance Department, every district office. or the Finance Division, Finance Bureau, Bangkok City Hall Or you can pay taxes through the counter at any Krungthai Bank branch as well.

Picture Reference: www.courant.com

Cr:ddproperty

ส่งความคิดเห็น