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Thailand: Property developers confident government will continue tax incentives for the real estate industry.
Section: Business News - Property developers are confident the government will continue tax incentives for the real estate industry that were set to expire in late March, the Bangkok Post reports.
The Finance Ministry is likely to seek cabinet approval soon for an extension, said Atip Bijanonda, president of Thai Condominium Association.
Speaking at a seminar organised by three real estate associations on February 11, Mr Atip said the extension would improve the overall economy though the government may only extend incentives that benefit homebuyers, such as mortgage and transfer fee reductions.
The Finance Ministry considers that the special business tax …
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