Thaksin share case rocks faith in tax system | Bangkok Post: opinion - News Summed Up

Thaksin share case rocks faith in tax system | Bangkok Post: opinion


As the end-of-month statute of limitations for the Thaksin tax case approaches, the government this week instructed the Revenue Department to expedite its efforts to collect the money. The tax case began in 2006 when Thaksin's two adult children, Panthongtae and Pinthongta, sold Shin Corp shares to Singapore's Temasek Holdings. This high-profile tax case shows that this and other tax collection systems in Thailand are still susceptible to political pressure. A key principle of this model is the separation of tax policy and tax administration. In return, taxpayers will feel the country's tax administration system is fair to all.


Source: Bangkok Post March 15, 2017 21:33 UTC



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