Thailand to Impose Stock Trading Tax in 2022, Bangkok Post Says

Thailand’s Finance Ministry will start levying a transaction tax on stock trading later this year as the equity market continues to grow amid Covid-19 pandemic, the Bangkok Post reports, citing Finance Minister Arkhom Termpittayapaisith.

• The tax will be reintroduced as the government shoulders the financial burden since it was waived more than 30 years ago, Arkhom was cited as saying
• Stock transaction tax will help expand the ministry’s tax base: Bangkok Post
• The 0.11% tax levy will be imposed only on those with monthly trading of at least 1m baht: report

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