BUSINESS

The Panama Papers and Thailand's Tax System

Business, Published on 10/05/2016

» The global uproar over the Panama Papers has generated quite a bit of press coverage in Thailand, as it has been widely reported that the names of many Thai individuals and companies are in the files. Amid assurances from numerous government agencies that an investigation will be forthcoming, the statements from many leading bureaucrats and business leaders on the issue have either been naive or outright misinformed. It's time to separate the signal from the noise.