An opaque situation
Re: "Property tax rejig to amplify revenue", (BP, April 17).
The amendment of the land and building tax law made in 2019, replacing the 1932 household and land tax, was long overdue. It is a progressive law. Not only does the amendment enhance efficiency, but it also encourages adding wealth to the nation.
Not having travelled for four years due to Covid-19, I was most impressed by the green scenery along the road to Korat compared to the scenery pre-2019. It is most gratifying to the amendment.
Similarly, in town, most of the wasteland has now been half-heartedly planted with fruit trees.
Most common are lime and banana. Though not that impressive, it still has a better view than wasteland.
Naturally, one should "penalise" vacant and unproductive land.
Planting trees without care so the land qualifies as commercial has been subject to public outcries of tax fraud when half-hearted efforts in utilising the land were noted.
The law talks specifically about an agricultural business.
It is this opaque situation that is the subject matter now.
Through the advice of tax lawyers, a few have announced on noticeboards that they have fruit for sale to emphasise that it is commercial. Is that enough to qualify for the reduced tax rate?