Thai Cabinet slashes 2020 property tax by 90 percent
Bangkok (NNT/VNA), June 4 -- The Cabinet of Thailand has approved a reduction in Land and Building Tax this year of 90 percent to help ease economic disruption from the COVID-19 pandemic.
Meanwhile, schools across the country will open on July 1, with the Ministry of Education preparing contingency plans in case of emergencies.
Prime Minister and Minister of Defence Gen Prayut Chan-o-cha has revealed the outcome of the investment enhancement among other aspects, as the country enters the New Normal.
The Cabinet approved a 90 percent reduction in the Land and Building Tax this year to help the general public cope with economic disruption from COVID-19, and prevent potential issues with land and building taxation in the future.
The gove...
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