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  1. #1
    Thailand Expat misskit's Avatar
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    Dec 2009
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    Chiang Mai

    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

  2. #2
    The Fool on the Hill
    bowie's Avatar
    Join Date
    Jul 2014
    Last Online
    Yesterday @ 09:59 PM
    alone on a hill
    Quote Originally Posted by misskit View Post
    For the first time ever in Thai legal history
    and so it begins...

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