Reuters exclusively reports Thailand considers new transaction tax for securities

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.