The specific business tax -- a levy on property developers when they sell to homebuyers and on property owners who resell their property within five years of it being transferred to them -- would be kept unchanged at 3.3%, the source said.
Finance Minister Apisak Tantivorawong recently identified mortgage approvals as the main problem in the real estate sector, as rejection rates by financial institutions are high and low-income borrowers have trouble obtaining home loans.
Commercial banks' rejection rates for housing loans are as high as 60%, up from 20% in normal times