The Finance Ministry is standing firm on its plan to impose a financial transaction tax on individual stock investors this year after seeing growth in the local market.
Finance Minister Arkhom Termpittayapaisith on Monday insisted the ministry will go ahead with its tax collection plan, saying this year is the right time to execute it.
The Thai bourse has witnessed growth after being spared the adverse domestic economic impacts of the Covid-19 pandemic, he said.
“This year will see a financial transaction tax imposed on stock investors after the tax has been waived for more than 30 years,” he said.
“The stock market has seen growth, but the government continues to shoulder the…
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