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	The bill will be sent for the National Legislative Assembly for deliberation and it is expected the tax will take effect in about six months.</div>
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	The Nation</div>
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Cabinet approves inheritance tax bill

Thailand faces warmer, shorter winter as Bangkok lows hit 19°C

Anti-IMF protesters plan two-day Bangkok sit-in for policy transparency on October 15–16

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<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

Cabinet approves inheritance tax bill

The Cabinet Tuesday approved a bill seeking to collect 10-per-cent tax on inheritance that is execssive of Bt50 million.

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