On all purchase – sale of property in Thailand there is a Stamp Duty of 0.5%, a Transfer Fee of 0.01%, a Business Tax of 0.11% levied against an owner who has been in registered possession of the property less than 5 years, and an Income Tax. There is no Capital Gains Tax in Thailand, unlike many countries, and Income Tax (between 1.0% and 3.0%) on property is the comparable replacement. There are no set rules on who pays the Income Tax, and it is just another part of the bargaining process, as with all the other costs of the transfer of ownership.