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Wednesday, May 1, 2024

PM orders sweeping review of taxes

Move aims to address income disparity

An aerial view of property and buildings in Bangkok. The prime minister on Monday ordered the revenue department to review the new land and building tax, as well as inheritance tax. (Bangkok Post file photo)

Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.

After the cabinet on Monday appointed a new director-general of the Revenue Department, Mr Srettha, who is also Finance Minister, ordered the review. In the…

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