An Analysis of the Impact of Land and Building Tax Act B.E. 2562 (2019) on the Revenues of Local Administrative Organizations and the Distribution of Tax Burdens
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Abstract
This article aims to explore the impacts of Land and Building Tax Act B.E. 2562 (2019) levied firstly in 2020. Data were compiled stratifically from 1,414 taxpayers in eight local governments. Before-and-after quantitative data analyses were employed. Findings show that local governments’ revenues are negatively affected by overall decline in 2020 until 2022. The Findings also show that tax burdens of farmers and residential businesses are lessened. However, the declining burdens are distributed unequally. Large enterprises, residential businesses and vacant lands gain more advantageous tax preferences, tax loopholes and tax avoidance. The findings suggest that legislators review the law and make essential amendments against the emerging tax inequality from
vacant lands, tax administration loopholes, and drastic local revenue decline.
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