Hi has anyone heard or got any more details on the new unused land or property tax that will be introduced in April 2018

It mainly applies to vacant land and 2nd house. Occupied first home or agricultural land up to 50m Baht is exempt.

 

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There's a lot of building activity going on around where I live.

 

Plots of land which looked like jungle until a few months ago have been cleared and are up for sale at 2 to 3 times what any sane person would pay.