Reuters exclusively reports Thailand considers new transaction tax for securities

by DailyBriefers
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Business & Finance

Reuters reported exclusively that Thailand is considering introducing a tax on share sales by individual investors on its stock exchange to generate additional revenue. The government is studying the possibility of ending a tax waiver, which has been in place since 1991, on securities sales on the Stock Exchange of Thailand, two sources told Reuters. The tax of 0.11% on equities sales would apply to investors with a volume of more than one million baht ($31,140) per month. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Asia

Countries: Thailand

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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