BANGKOK (Reuters) - Assets previously registered to Thailand's Crown Property Bureau will now be held "in the name of His Majesty", the bureau said on its official website on Saturday, the latest shake-up in royal affairs under King Maha Vajiralongkorn.
The Crown Property Bureau said its assets will now be "subject to the same duties and taxation as would assets belonging to any other citizen". Previously, assets registered in the name of the Crown Property Bureau were exempt from tax.
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