Hotel operators are in agreement with the Bangkok governor, who has urged the government to review the tax structure, which now uses land value as a benchmark rather than revenue.
Bangkok governor Chadchart Sittipunt said revenue from tax collection significantly dropped after the country implemented the new land and building tax based on land value, replacing a tax structure that used business income as the reference.
Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said hotel operators would agree if the government were to revert to the previous method of tax collection…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
