Pattaya Condo

 

Pattaya Property News & Blog

 

Pattaya Property News & Blog Supplied by Pattaya Condo Property Sales & Rentals, Real Estate Management.

 


Taxation on Unused or Empty Land Would Help Property Developers

Thai Property firms have welcomed the Finance Ministry's plan to tax unused or empty land at a rate of at least 0.5% of the value of the plot, which should increase the availability of land for development to create economic value.

"We agree with a tax for unused land because that will force landlords to manage their property and distribute it for others to use, which will increase the value of the land," said Kanda Group chief executive Issara Boonyoung, and adviser to the Housing Business Association.

Send Enquiry about This Property/Page
Your Name *
Please let us know your name.
Phone
Invalid Input
Message *
Please let us know your message.

Your Email *
Please let us know your email address.
Subject *
Please write a subject for your message.
CaptchaCaptcha
  Refresh
Invalid Input

You are here News Tag: tax