Nationwide crackdown launched on illegal nominee shareholders and land holdings
Cabinet cuts excise tax on diesel by a baht per litre for three months
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Cabinet cuts excise tax on diesel by a baht per litre for three months
13 Sept 13:44Key points summarised by AI
The cabinet approved a three-month excise tax reduction on diesel by one baht per litre, effective from January 20 to April 19.
This tax cut aims to ease financial burdens for consumers, despite an estimated Bt6 billion revenue loss for the state over the period.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.