The Finance Ministry is vowing to push forward the land tax bill, stalled for a decade, and may increase the tax ceiling, says the Fiscal Policy Office (FPO).
Director-general Somchai Sujjapongse said the FPO is now amending details of the draft. Once the amendment version is completed, it will arrange a public hearing.
The major amendment is the tax ceiling rate. http://www.bangkokpost.com/business/economics/296036/long-stalled-land-t...
Under the current draft there are three tax rates depending on the purpose of land usage.