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Heirs face 5-35% in tax levies
Business, Wichit Chantanusornsiri, Published on 11/11/2014
» Heirs who are not offspring will be levied 5-35% on their personal income tax for all inherited assets, while offspring will be subject to 10% inheritance tax on bequests above 50 million baht and 5% gift tax on bequests above 10 million.
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Handouts face delay
Business, Wichit Chantanusornsiri, Published on 11/11/2014
» Government-sponsored cash handouts to rice farmers are expected to be completed by December, a month later than planned due to tough new measures aimed at preventing fraud.
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