Inheritance tax drags down Oct collection

THURSDAY, NOVEMBER 27, 2014
Inheritance tax drags down Oct collection

Property tax collections jumped 16.1 per cent year-on-year in September, when the inheritance tax law was still unclear and transactions were high, but fell 4.4 per cent in October, according to the Fiscal Policy Office.

Krisda Chinavicharana, director-general of the FPO and spokesman for the Finance Ministry, said Thursday that property transactions now remained steady at the normal level due to certainty over the inheritance tax. 
The Nation