Tax Newsletter NOVEMBER 2016
DLO’S Tax Newsletter Issue 71 November 2016 Thais are in tears all over the Kingdom Wishing the late King rest in Heavenly Peace In praise of his great vision and wisdom, H.M. King Bhumibol Adulyadej In remembrance of his majesty, The People’s King, forever and ever. Budhima Kerdsiri – Author Montree Atchariyasakulchai – Translator Inside this Issue Tax Laws Update 1. Remuneration on concept car manufacturing service not included in VAT calculation; and 2. Extension of 7% rate of Value Added Tax for a further One Year Period Tax News 1. The Cabinet Approved the Ministry of Finance to Amend the Purchasing of Immovable Property Tax Law; 2. Ministry of Finance had a plan to increasing tax from land owner, after land market price has increased due to infrastructure investment; and 3. MOF confident that Land and Building […]