Business & Finance

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. 

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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