Demystifying the New Property Tax Code

Wirot Poonsuwan
Khao Sod English


Come Jan. 1, 2020, 25 long and delicate years of work by 13 governments to bridge the economic divide of the Thai population will hit the books.


For the first time ever in Thai legal history, those with deep pockets will be forced to pay any tax on their houses at all. It will drive a redistribution of land, as those hoarding large, undeveloped tracts will face a powerful incentive to divest.

Commercial, residential, vacant and agricultural lands are the four types of taxable land and buildings that the new property tax law covers.

more. Thai Law: Demystifying the New Property Tax Code

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Originally Posted by misskit

For the first time ever in Thai legal history

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and so it begins...