Image from The Nation Thailand/ANN
BANGKOK, Dec 17 (Bloomberg): Thailand’s Ministry of Finance is considering imposing a tax on stock trading to boost government revenue after the novel coronavirus pandemic and economic slowdown slashed its receipts.
The levy may be 0.1% of each stock trade, Pakorn Peetathawatchai, president of the Stock Exchange of Thailand, told a press briefing on Friday. He spoke after Krungthep Turakij newspaper reported that the ministry planned the tax after waiving such a levy for more than 30 years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
