The new Land and Building Tax Act B.E. 2562 (2019) (“Tax Act”), which took effect on March 13th, 2019, granted local government authorities the right to collect taxes on land and buildings from individuals and companies who own or have possessory, or usage rights to immovable assets (i.e. land and buildings, including condominiums) in Thailand.  … Continue reading Two Updates on the Land and Building Tax Act: New Criteria and a COVID-19 Tax Reduction