Property tax system case study of land and building tax in Thailand and ASEAN countries

Abstract

        In the collection of state taxes should be on the 3 tax bases, consisting of income bases such as personal income tax, corporate income tax, etc. Consumption base such as VAT Excise tax, etc. and property base Which will be collected from the possessions Which property tax is an important source of income for the country Most countries tend to give property taxes as income for local administrative organizations. Determining the tax rate which has many rates according to the usage benefits Most of the land that is residential will be taxed at a lower rate than land for industrial purposes and commercial transactions. And the land for housing itself will be taxed at a lower rate than the land that is rented to others. The purpose of this article is to present the property tax system, case study of land and buildings tax in Thailand and ASEAN countries. And propose guidelines for implementing the property tax system in the case of land and buildings tax in Thailand context.