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Bangkok Post
Bangkok Post
Business

Most institutional investors must pay stock tax, says govt spokesman

Anucha Burapachaisri Arkhom Termpittayapaisith Thailand
Share price movements at Asia Plus Securities' headquarters on Sathon Road, Bangkok. (File photo: Pornprom Satrabhaya)

Most institutional investors in Thailand will not be exempted from a tax levied on stock transactions that will resume next year after more than three decades, authorities said.

While pension funds and market makers will not have to pay, other institutional investors must do so, government spokesman Anucha Burapachaisri said in a statement Saturday.

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