The tax on land and buildings. (Original)
idea of bringing ((Land x appraised value) + (building size x appraisal)) x rate ceiling of 2.00% or x rate reduction / rate that is actually paid (effective rate) 0.20% due to a small commercial building in this case (. (24 sq.m. x 20,000 USD. / square yard) + (300 x 8,000 m USD. / m)) x 0.20% = 2.00%, or approximately 5,760- tax. 57,600 Baht / year
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