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Search Result for “court”

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OPINION

Thaksin share case rocks faith in tax system

News, Wichit Chantanusornsiri, Published on 16/03/2017

» The Revenue Department's failure to collect 12 billion baht in tax from former prime minister Thaksin Shinawatra has shaken the public's confidence over the transparency, fairness and equity of the country's tax collection system. It stands as a reminder of the need for tax administrative bodies to be independent of political pressure.

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THAILAND

Revenue Department told to grab Thaksin tax

Wichit Chantanusornsiri, Published on 15/03/2017

» The government has ordered the Revenue Department to expedite efforts to collect 12 billion baht in tax from former prime minister Thaksin Shinawatra over the Shin Corp share sale by the March 31 deadline.

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THAILAND

Revenue officials to find way to tax Thaksin's children

Wichit Chantanusornsiri, Published on 09/03/2017

» The finance minister has ordered the Revenue Department to find a way to tax two children of former prime minister Thaksin Shinawatra on the 7.9-billion-baht gains they made from the Shin Corp share sale deal 10 years ago.

THAILAND

Shinawatra kids 'likely to escape' Shin Corp tax bill

News, Wichit Chantanusornsiri, Published on 08/03/2017

» A fresh decision by the Finance Ministry's tax committee has hinted the Shinawatra siblings are unlikely to be required to pay a 12-billion-baht tax bill over the sale of Shin Corp to Singapore's Temasek Holdings a decade ago.

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BUSINESS

Klongchan sees progress

Business, Wichit Chantanusornsiri, Published on 08/03/2017

» Klongchan Credit Union Cooperative will need 26 years to pay off debts to its over 50,000 members as a result from the embezzlement of 15 billion baht, says Phichet Wiriyapaha, deputy director-general of Cooperative Promotion Department.

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THAILAND

Taxing Thaksin's children for Shin sale profit 'unlikely'

Wichit Chantanusornsiri, Published on 07/03/2017

» It is probably too late for the Revenue Department to tax two children of former prime minister Thaksin Shinawatra on the 7.9-billion-baht gains they made from the purchase of Shin Corp shares from a nominee before selling them to Temasek Holdings in 2006, according to the explanations of the Finance Ministry's committee after a meeting on Tuesday.

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THAILAND

26-year repayment for Klongchan creditors

Wichit Chantanusornsiri, Published on 07/03/2017

» The Klongchan Credit Union Cooperative will need some 26 years to fully repay its embezzled members, who are a group of its creditors, the Cooperative Promotion Department said on Tuesday.

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THAILAND

Super Zara indicted over NGV buses

News, Wichit Chantanusornsiri, Published on 23/02/2017

» The Customs Department has started the indictment of Super Zara, the importer of 489 natural gas vehicle (NGV)-fuelled buses, for falsely claiming the vehicles were manufactured in Malaysia allegedly to avoid paying taxes.

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BUSINESS

Amendment aims to help bribe givers come clean

Business, Wichit Chantanusornsiri, Published on 03/02/2017

» The Finance Ministry has proposed amending the criminal law to allow those accused of offering bribes the opportunity to name graft recipients and pay a fine to settle the bribery charges, a move aimed at stemming corruption in state procurement.

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OPINION

Weeding out corruption in state enterprises

News, Wichit Chantanusornsiri, Published on 02/02/2017

» The latest saga of bribery scandals involving state enterprises has caused me as much pain as it could possibly inflict on the average Thai.