Inheritancetax draft to be presented to Cabinet next week
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The draft inheritance tax bill will be proposed to the Cabinet meeting next Tuesday with an expected fixed rate of no more than 10 per cent to be imposed on heirs of estates worth more than Bt50 million.
Finance Minister Sommai Phasee said Tuesday that if the heirs did not have enough cash to pay the tax, they would be allowed to make instalments at no extra cost for two to three years.
The Nation
