Showing 41 - 50 of 171
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.
Agriculture Ministry to define farmland use for tax
Business, Wichit Chantanusornsiri, Published on 29/01/2018
» The Agriculture and Cooperatives Ministry is expected to take charge of outlining criteria for farmland use to prevent owners of undeveloped land from claiming agricultural purposes to understate their tax bills when the new land and buildings tax is enforced.
5% cap proposed in windfall tax bill
Wichit Chantanusornsiri, Published on 19/02/2018
» The new windfall tax will likely be capped at 5% of the increases in land valuations before and after a state project is built in an area, according to a tax official.
Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
New parcel appraisal method to debut
Business, Wichit Chantanusornsiri, Published on 13/02/2019
» The Treasury Department is poised to announce a new land appraisal system that will be used as a computation base for the imminent land and buildings tax, its chief says.
GH Bank allays concerns over financial stability amid war
Business, Wichit Chantanusornsiri, Published on 17/03/2026
» The Government Housing (GH) Bank has sufficient financial stability to withstand a potential economic crisis that could arise from the war in the Middle East, says the bank's chief.
Treasury braces for appeals
Business, Wichit Chantanusornsiri, Published on 15/07/2019
» An increase in appeal cases related to property price appraisals is expected after the land and buildings tax comes into force next year, says the Treasury Department.
Landowners panic over tax changes
News, Wichit Chantanusornsiri, Published on 26/12/2019
» Operators of homestay and home-sharing premises will soon face much higher commercial property tax than buy-to-let homeowners who pay residential rates, the Finance Ministry says.
NLA requires more time for land and buildings levy
Business, Wichit Chantanusornsiri, Published on 22/06/2018
» The National Legislative Assembly's (NLA) standing committee on the land and buildings tax needs more time to vet the organic law, says deputy finance minister Wisudhi Srisuphan, but he declined to specify whether the law's enforcement will meet the schedule set for January next year.
GH Bank backs state housing
Business, Wichit Chantanusornsiri, Published on 27/08/2018
» State-owned GH Bank's board has approved a 60-billion-baht loan allotment for the imminent 1-million-unit low-cost housing project to comply with the government's policy to encourage low-income earners, the elderly and first-time workers to own homes.