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NEW LAND ACT PROMPTS CONCERN AT TRADE CHAMBER 

NEW LAND ACT PROMPTS CONCERN AT TRADE CHAMBER 

August 29, 2017

The Thai Chamber of Commerce is concerned that the new Land and Building Act, scheduled to be implemented in 2019, will have an adverse impact on the property business as it will allow state officials to use their adjustment in assessing tax rate on land prices, the chamber’s director Atip Bichanond said at a seminar, New Land and Building tax, yesterday.

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