New land appraisals likely postponedAn aerial view of property and buildings in Bangkok. (Photo: Patipat Janthong)The Treasury Department is expected to ask the land appraisal committee to postpone the adoption of new appraisal prices by another year. The official appraised land price is the base for tallying the land and building tax, which people pay to the state every April. The current land price has been used since 2016. The use of the current land price for the time being will help ease the burden of taxpayers, said Mr Yuttana.

Source: Bangkok Post August 30, 2021 00:45 UTC