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News Forum - Stock market share trades to be taxed in Thailand after being exempt for past 30 years

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After being exempt for the past 30 years, the Thai cabinet has decided to make stock market share trades taxable. According to Thai PBS World, Finance Minister Arkhom Termpittayapaisith says that now all stocks that are traded on the market, whether at a profit or loss, will be subject to a financial transaction tax of .1%. He furthered that the government would now be cashing in on the new law, to the tune of around 15 billion baht a year. He says the Council of State will draft the new law with share traders to be given a three-month grace […]

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