Thai-Norwegian Chamber of Commerce

On March 23, 2010, the Cabinet extended the reduced registration and transfer fee for homebuyers (reduced from 2% to 0.01%), which was scheduled to expire on March 28, 2010, for another two months to boost the real estate/property sector. The new expiry date will be on May 31, 2010. However, the reduced rate of Specific Business Tax (from 3.3% to 0.11%), which is generally paid by the property developer, will not be extended and is set to expire on March 28, 2010.

Please find more details at http://www.bangkokpost.com/news/politics/34906/govt-extends-incentives-for-homebuyers.