| Project Detail |
In Thailand, the new land and house tax will take effect in 2019, and although the tax base has been changed to the assessed value of assets, there have been challenges in the areas of objectivity and transparency of valuation standards, fixed asset data, and training systems when conducting fixed asset valuation. This project will improve the efficiency and accuracy of fixed asset valuation operations conducted by the Property Valuation Standards Division (PVSD) and the Property Valuation Department (PVD) of the Bureau of Finance through activities in pilot areas by strengthening manuals, valuation calculation systems, and the capacity of valuers related to fixed asset valuation. (1) Overall Goal Project activities will be expanded to other regions, further enhancing the ability of the PVSD and PVD to improve the efficiency and accuracy of fixed asset valuation. (2) Project Purpose Capacity to improve efficiency and accuracy of PVSD and PVD fixed asset valuation will be enhanced in the pilot areas. (3) Output Output 1 Manuals for fixed asset valuation operations under the jurisdiction of the PVSD and PVD in the pilot districts will be improved through current research and necessary studies. Output 2 IT systems for fixed asset valuation in the pilot districts will be improved through revised manuals and necessary research. Output 3 The training environment for PVSD and PVD staff on fixed asset valuation will be improved. |
