Hotel operators call for restructure of land taxHotel operators suggest the new government amend the land and buildings tax. Land prices are scheduled for appraisal every four years, with the next round effective in 2027. Over the past two years, many hotels and other businesses were affected by rising costs from tax collection, which are now based on land appraisal prices, not revenue. The land and building tax affected small businesses and low-income earners in particular, especially those located in prime areas, said Mr Thienprasit. "Since the beginning, appraisal prices have served as a criterion for evaluating collateral and calculating land transfer values in sales.

Source: Bangkok Post February 16, 2026 18:47 UTC