It will take at least two years to implement a new property tax once the government introduces legislation for it, says a Treasury Department Official. Deputy director-general Prasit Suebchana yesterday said his department would take about two years to complete valuation of land and buildings covered by the new law. The department now appraises 61 types of buildings. New types of structures, such as mobile-signal poles, may be included in the new tax coverage, he said. His comment came after Prime Minister Abhisit Vejja-jiva and Finance Minister Korn Chatikavanij vowed to push for a long-delayed new property tax to replace… Read more »
Posts Tagged ‘Land’
Property tax would take 2 years
Wednesday, January 28th, 200950% finance available in Pattaya
Monday, January 26th, 2009A long standing developer in Pattaya has just announced two new payment structures to take into account current exchange rates and current market conditions. The offer is for all developments which have recently completed. The properties include high-end villas, pool villas, townhouses and condominiums. New payment structure: 50,000 baht reservation 50% on signing of contract 50% interest free over a one year period or 50,000 baht reservation 50% on signing of contract 50% over 36 months at a fixed rate fo 8% Mortgages are not currently available in Thailand for foreign nationals, so this is the next best thing. If… Read more »
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