Property Tax

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Doodoo
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Property Tax

Post by Doodoo » January 1, 2020, 8:21 pm

Unless we are dealing with Millionaires/Billionaires I dont think most of this will affect?
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https://www.bangkokpost.com/thailand/ge ... y-land-tax



anefarious1
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Joined: October 9, 2014, 4:36 am

Re: Property Tax

Post by anefarious1 » January 1, 2020, 8:57 pm

It's only for big shots holding property 50 million baht in value and up and even then the tax rate is peanuts.

0.03 up to 0.1% really?

The poor pay almost all of the taxes in this country. They drink most of the alcohol, buy the lottery tickets, etc. and these types of taxes are a huge percentage of their wages ie. extremely regressive in nature. Those in control wouldn't have it any other way!

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