The Thai government has decided to postpone the proposed VAT hike planned for next year due to expected economic hardship for people. The government will look to other sources for the necessary funds for water management and infrastructure projects. The government is looking at promotion of trade and investment via the establishing of special economic zones to create more income and the promotion of rubber processing. The government is also […]

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Thai Condominium AssociationĀ  and Thailand News   The Thai Condominium Association‘s new president has submitted two main proposals to revise the tax structure in the property sector to the NCPO; lowering the current transfer fee of 2% of residential value to zero, and lowering the 1% mortgage fee to the zero as well. This would reduce transaction costs for home-buyers and boost residential demand. Additionally the association continues to lobby […]

Categories: NEWS