Thailand’s cabinet approves a draft for taxation of income earned from selling securities that could be implemented within the next 90 days, according to the source close to the matter.
The taxation will be collected when selling shares in the Thai stock market at the amount of 0.11%, which is the same amount that the government used to collect 30 years ago that came to a temporary suspension up until now. However, the government noted that the first year of implementation will collect half of the amount, which would be 0.055%.
