Land and building tax, which is imposed from the property tax base, is an important source of revenue for local governments in many countries. Thailand imposes from two tax base is the income and consumption base and the tax is levied close to the tax collected from the property base is Household tax and land and community development tax, which are not taxes imposed from real property base. The cabinet on Tuesday, 7 June 2016 approved a new land and buildings tax bill. So, this report is the study on Land and building tax. The study consists of 3 main issues: (1) the important of Land and building tax, (2) how to levy the tax and set the tax rate, and (3) Land and building tax should be used in Thailand or not.