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Stock market trades in Thailand to be taxed

Stock market trades in Thailand to be taxed

23 Sept 06:58 Key points summarised by AI
  • The Thai cabinet has revoked a three-decade-old law, implementing a 0.1% financial transaction tax on all stock market trades, whether profitable or not.
  • This new tax is projected to generate at least 15 billion baht annually for the state, with a 3-month grace period before enforcement, though certain Retirement Savings Funds will remain exempt.
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Economy 1/1
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