การวิเคราะห์ภาษีทรัพย์สิน : กรณีศึกษาภาษีอสังหาริมทรัพย์ในประเทศไทย / วรมงคล ยศะทัตต์ = Property tax analysis : the case of real estate and property tax / Woramongkon Yasadatt
Due to many shortcomings of present Land Development Tax and Housing and Land Tax in Thailand, the parliament has drafted Land and Building Tax Bill. The objective of the Bill is to collect property tax based on the assessed value of both land and its improvement in the Kingdom with few exceptions so as to improve current property tax system. This thesis aims to study and compare property tax systems by dividing into 3 parts. First, the present property tax incidence in Thailand is studied by analyzing average tax rates of income classes. Second, the new Land and Building Tax incidence is studied by analyzing the tax progressivity and concentration index. Third, the Multinomial Logistic regression is used to analyze the determinants of the present property tax in Thailand. Data used are from Thailand Household Socio-Economic Survey in 1986, 1994 and 2004. The burden of property tax has increased over 1986-2004, and the average tax rate was at most 0.2 percent. Both present property tax system and the property tax draft Bill also show tax progressivity. However, collecting property tax on houses has an important role of increasing tax burden in the new tax Bill. The effective Land and Building tax rate, however, was about 0.1056% to 0.5280%. Finally, entrepreneurial income and farming income increase the probability of paying the present property taxes in Thailand.
