The Designated Areas for Sustainable Tourism Administration (Dasta) is aiming to earn revenue of at least 5 million to 10 million baht per year, reducing dependency on the state budget.
The Designated Areas for Sustainable Tourism Administration (Dasta) is aiming to earn revenue of at least 5-10 million baht per year, reducing dependency on the state budget.
The Tourism and Sports Ministry expects investment in the Songkhla Lake Basin under the Designated Areas for Sustainable Tourism Administration (Dasta) to generate more than 100 billion baht in revenue for local communities over 10 years.
The public is little aware of the problem, but a new land tax is Thailand's most environmentally destructive policy in the 21st century so far. Taxing land and buildings is a standard policy around the world, and it makes good economic sense. That's why parliament in 2019 passed the law in question the Land and Building Tax Act, which went into effect in 2020, imposing annual tax rates ranging from 0.01% to 1.2% or more on the value of the land.