TH Thailand property term
Withholding Income Tax on Property Sale
ภาษีหัก ณ ที่จ่าย
Pronounced: pha-si-hak na thi-jai
Plain-English definition
Income tax collected from the seller at the Land Office when a property is transferred.
Why this matters to a foreign buyer
The calculation varies by seller type, assessed value and years of ownership; it is not simply a percentage of profit.