Buy a house-condominium You can get a tax deduction of 200,000 baht.
condition :
- For purchasing a house with land or a condominium worth not more than 5 million baht.
- Must be your first house or condo. (The buyer must never have or have never owned real estate before)
- Rights can be used for the entire new home. or a second-hand house
- Ownership transfer must be completed within 30 April - 31 December 2019.
- The buyer must hold ownership for at least 5 consecutive years from the date of registration of ownership transfer. (but not including the case of the buyer's death or in the case where the real estate has completely ceased to exist)
- If during down payment Cannot be used for tax deduction Because it is considered that the ownership has not been transferred.
Tax deduction amount: not more than 200,000 baht
A simple explanation is that if we buy the first house in our name, price not exceeding 5 million baht, we can immediately use the tax deduction of 200,000 baht.
Participating period: 30 April - 31 December 2019
Evidence used for tax deduction: Documents and evidence for purchasing a house or condo.