Saturday, October 4, 2025
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commercial land
News updates related to business land
Can I sell land if I owe business taxes?
Previously, I opened a restaurant and food service business. Two years later, I stopped doing business and notified the Tax Authority directly managing the area. Now, I signed a transfer contract to sell a plot of land. However, I have just received a notice from the competent authority to process my registration of changes with the content: still owing personal income tax and value added tax from the business activities of the business household that I opened before.
Law
Regarding the property tax proposal, the Prime Minister spoke out, that is not the final conclusion.
The Government leader asked the Ministry of Finance to "continue to listen to further" comments related to the property tax proposal.
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