Thai tax on stock trades would hit trading volume, says exchange chief

Stock Exchange of Thailand president Pakorn Peetathawatchai. - The Nation Thailand/ANN

BANGKOK, Dec 18 (Reuters): Thailand's stock trading volume will be impacted if the government introduces a transaction tax on securities trades on the Stock Exchange of Thailand, the bourse president has announced

Pakorn Peetathawatchai was speaking at a news conference after media reports that from 2022, the government was planning to impose a 0.1% tax on equities trades by entities whose monthly trading volume is more than one million baht ($29,976).