Showing 1 - 10 of 167
Reduced property fees extended
Business, Wichit Chantanusornsiri, Published on 27/12/2023
» The cabinet approved extending the reduced ownership transfer and mortgage fees for another year, which is expected to increase GDP by an additional 0.5%, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Prayut eager for property tax
Business, Wichit Chantanusornsiri, Published on 27/06/2018
» Prime Minister Prayut Chan-o-cha wants lawmakers to pass a draft bill on the land and buildings tax under his regime, says Deputy Finance Minister Wisudhi Srisuphan.
Amlo confiscates B25bn in property
Business, Wichit Chantanusornsiri, Published on 24/11/2018
» The Anti-Money Laundering Office (Amlo) is seizing 3,600 property assets worth a combined 25 billion baht, with some properties set to be transferred to the Treasury Department.
Julapun defends new property proposals
Business, Wichit Chantanusornsiri, Published on 26/06/2024
» The proposal to allow foreigners to purchase real estate in Thailand will help stimulate the local economy, says Deputy Finance Minister Julapun Amornvivat.
Lengthy delay for new property tax
Business, Wichit Chantanusornsiri, Published on 02/07/2018
» The land and buildings tax set for Jan 1, 2019 is likely to be enforced behind schedule because of the time-consuming approval process, says an informed source at the Finance Ministry.
Aid package for property under way
Business, Wichit Chantanusornsiri, Published on 19/10/2019
» An aid package for the property sector that includes a temporary cut of mortgage and transfer fees to a single rate of 0.01% for homes priced at up to 3 million baht will seek cabinet approval this month.
Motion to extend property support measures
Business, Wichit Chantanusornsiri, Published on 12/07/2022
» Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.
Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
Windfall tax likely to deflate property bubble
Business, Wichit Chantanusornsiri, Published on 12/03/2018
» The land windfall tax is expected to help fend off a property market bubble as developers take care to avoid tax liabilities that will come into effect if the value of unsold residential units exceeds 50 million baht.
BoT right in fending off property bubble
News, Wichit Chantanusornsiri, Published on 25/10/2018
» The Bank of Thailand (BoT) deserves praise for warning about the risk of a speculative bubble in the property sector, in particular from mushrooming condominium projects.