Showing 1 - 5 of 5
Official urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
Bangkok condo market slows in Q3
Kanana Katharangsiporn, Published on 20/11/2023
» The Bangkok condo market slowed in the third quarter of 2023, plunging to its lowest point for supply and demand since the third quarter of 2021, mainly attributed to rising interest rates.
Talks aim to revise land, building tax
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.
New assessed land prices set for Jan 1 unveiling
Business, Wichit Chantanusornsiri, Published on 28/09/2022
» The Treasury Department plans to announce the new assessed land prices for 2023-26 on Jan 1 next year, estimated to be 7-8% higher than prices during the pre-pandemic period, according to director-general Prapas Kong-Ied.
Ageing office buildings under pressure
Business, Published on 09/08/2022
» Amid growing competition in the Bangkok office market, fuelled by a large amount of new supply in the pipeline, ageing office buildings are losing their ability to retain and attract occupiers.