Mr. Rangsan Siwonsat Permanent Secretary, Ministry of finance, said in a panel discussion of academic work to the body property tax law changes and the impact. Organized by project finance international trade laws Thammasat University, that the duty on the part of the land and buildings of the last. The Ministry of Finance has the idea to reduce the tax ceiling of land and buildings that are located between the present draft law down about half from the original:Agricultural land from the original Vault store 0.5%, 0.25% and reduced the storage vault in the original housing 1% 0.5% land Commerce and offensive to create empty. The original ceiling, storage, 4% is reduced by 2% in a land offensive to create blank determines the storage ratio is 0.5% in the first, then added another 3 years as every 1 but a maximum of 2% by the store during the first laws will be out of the storage rate every ball.Mr. wedding, said it lowered the ceiling to minimize the impact to the public at the same time, this draft law also defines the abatement for home residential net worth not exceeding 1 million non-taxable banrakha 1-3 million. Tax at a rate of 50% of the estimated tax. If a ban is more than 3 million died in the full rate. The draft law, tax, land and buildings, the depreciation for buildings. 69. before the tax depreciation deductions come first.The above proposal is just the latest doll that civil servants in the Ministry make up, there may be changes in the range of 2-3 weeks before the Ministry of finance will propose a law to the Council of Ministers to consider proposing to the NIA " Mr. recapture said.
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