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Bangkok Post
Bangkok Post
Business

Cabinet approves tax on share sales

Arkhom Termpittayapaisith Council of State Stock Market
Investors monitor share prices at the Asia Plus Securities headquarters in Bangkok. (Photo: Pornprom Satrabhaya)

The cabinet has approved a financial transaction tax on individual stock investors, ending a four-decade waiver.

According to Finance Minister Arkhom Termpittayapaisith, Tuesday's decision aims to create fairness in the tax system between securities traders in the stock market and people who do not interact with the Thai bourse.

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