Page 118 - Introduction to Investment Laws in Thailand

- Services of international aircraft transport or international
marine transport.
- Trading business to government agencies or state enterprises
which receives international financial aids according to
criteria is set by the director of revenue department.

5.4 Export and Import Tariff
Thailand Customs Authority is authorized to administer taxes or tariffs on
export and import. The Royal Decree on Tariff Classification is the central
regulation that governs the export and import tariffs in Thailand. There
aren’t any export tariffs. The Royal Decree establishes the import tariff on
Tariff Classification. The importers can check the tariff classifications via
the Thailand Customs Authority's website of -
http://itd.customs.go.th/igtf/th/main_frame.jsp?lang=th&top_menu=menu_
homepage¤t_id=5028 . Nevertheless, exporters and importers must
comply with the Customs Act B.E. 2560 (2017). Exporter and importer
have to submit customs documents and follow customs procedure that is
prescribed by the Customs Act B.E. 2560 (2017).

5.5 Land Tax

Land Tax in Thailand was reformed in 2019. The Land and Building Tax
Act BE 2562 (2019) is passed to ensure that the tax on land and building
can serve the development of Thailand. The Land and Building Tax Act
empowers local administrative unit to be the government agency which
144
can collect taxes relevant to land and building. The rates on land tax are
145
determined by the Provincial Land and Buildings Tax Committee. The
local administrative unit annually has to explore the land and building in
their community, and assess the tax according to the Land and Building
146
Tax Act. After assessing the land and building tax, the local

144 The Land and Building Tax Act BE 2562 (2019) Section 7
145 The Land and Building Tax Act BE 2562 (2019) Section 21-24
146 The Land and Building Tax Act BE 2562 (2019) Section 37

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