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Bangkok Post
Bangkok Post
Business

'Most' institutions will face share-sale tax

Anucha Burapachaisri Thailand

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

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

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