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    A taxing situation

    Oped, Postbag, Published on 14/09/2017

    ยป Re: "Ministry weighs tax on share selling capital gains", (BP, Sept 12). I can understand the Finance Ministry's argument that the exemption from capital gains tax for shares traded on the Stock Exchange of Thailand (SET) that was first introduced in 1975, in order to help develop the new market, is no longer needed. However, removing the exemption would create a two-tier tax structure whereby Thai investors paid tax on capital gains and foreign investors did not.

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