Bangkok Air loses Samui airport land tax case
Bangkok Airways has been dealt a second blow in its court battle with the Koh Samui municipality over a land tax dispute for Samui airport. The Supreme Court yesterday ruled the SET-listed airline is not entitled to get back 119m baht in tax rebates plus interest paid between 2007 and 2010. The airline also lost a Supreme Court ruling on Sept 30 over 38.8m baht in land tax paid in 2011 that the carrier claimed should be refunded. The court ruled in the municipality's favour because Bangkok Airways has leased the airport to Samui Airport Property Fund for 30 years for a combined fee of 9.3b baht. That translates to 310m baht in annual fees, which forms the basis for the building and land tax calculation, resulting in tax payable of about 38.8m baht a year. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-10-05/unaligned/bangkok-air-loses-samui-airport-land-tax-case
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Bangkok Air loses Samui airport land tax case
Bangkok Airways has been dealt a second blow in its court battle with the Koh Samui municipality over a land tax dispute for Samui airport. The Supreme Court yesterday ruled the SET-listed airline is not entitled to get back 119m baht in tax rebates plus interest paid between 2007 and 2010. The airline also lost a Supreme Court ruling on Sept 30 over 38.8m baht in land tax paid in 2011 that the carrier claimed should be refunded. The court ruled in the municipality's favour because Bangkok Airways has leased the airport to Samui Airport Property Fund for 30 years for a combined fee of 9.3b baht. That translates to 310m baht in annual fees, which forms the basis for the building and land tax calculation, resulting in tax payable of about 38.8m baht a year. <br/>
