REITs lack charm due to unclear taxes | Bangkok Post: business

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REITs lack charm due to unclear taxes

Developers have raised more money through property funds this year even though a more flexible type of funds will be allowed next year.

The Securities and Exchange Commission has announced it will allow the setting up of real estate investment trusts (REITs) next year to add more choice to the Thai capital markets and meet international standards.

The REITs will be more flexible for investors and fund managers but their taxes are still unclear.

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