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Krung Thep Mahanakhon , Klong Toey , Tony Jackson , Samanea Saman , Prem Tinsulanonda , Tim Wilson , Gen Prem , Anand Panyarachun , Kitichate Sridith , Bangkok Post , Ranong Road Klong Toey ,

Land tax loophole endangers our environment

The public is little aware of the problem, but a new land tax is Thailand's most environmentally destructive policy in the 21st century so far. Taxing land and buildings is a standard policy around the world, and it makes good economic sense. That's why parliament in 2019 passed the law in question the Land and Building Tax Act, which went into effect in 2020, imposing annual tax rates ranging from 0.01% to 1.2% or more on the value of the land. ....

Koh Kho Khao , Kitichate Sridith , Building Tax Act , Andaman Sea , International Trade , Endangered Species , Wild Fauna , Land Tax ,