Collect billions of dollars in taxes from former Prime Minister Thaksin's family 2
Within 18 days from March 19, if former Prime Minister Thaksin Shinawatra and his family members do not refund the outstanding taxes to the State, the Bangkok government will take strong measures.
According to news from the Bangkok Post, the tax that the Thai Government required Mr. Thaksin to pay is 16 billion baht (equivalent to 4.75 billion USD).
This purchase was made with Temasek Holdings Company owned by Singapore with a transaction value of nearly 2 billion USD.
Former Prime Minister Thaksin is living in exile abroad and still faces many charges.
Deputy Prime Minister Wissanu Krea-ngam said that Thailand’s tax authorities have officially sent a paper forcing Mr. Thaksin to pay this amount.
The Deputy Prime Minister also said that former Prime Minister Thaksin Shinawatra has the right to appeal to the court within 30 days.
General Prawit Wongsuwan, Deputy Prime Minister and Minister of National Defense, affirmed that collecting the tax money that the Shinawatra family avoided paying in the 2006 sale of Shin Corp shares is a must-do, unrelated matter.
Prime Minister Prayut Chan-o-cha, speaking after the cabinet meeting on March 19, said that he would not use special powers under Article 44 of the Provisional Constitution to intervene in this issue and the case.
It is known that since 2016, the Auditor General of Thailand has requested the Ministry of Finance and the General Department of Taxation to collect at all costs the amount of money that the Shinawatra family allegedly did not pay in the sale of shares of Shin Corp. Media Group.
In early March, the Anti-Money Laundering Office and the Auditor General of Thailand agreed to collect Mr. Thaksin’s taxes through the normal legal process.
The Ministry of Finance also established a committee to investigate officials who failed to fulfill Mr. Thaksin’s tax collection obligations in the past.
After that, Mr. Thaksin had to accept a life in exile.
In March 2016, during a meeting with Financial Times journalists, Mr. Thakisn revealed his life in exile.
The former Prime Minister also affirmed that he is no longer interested in returning to politics.
Regarding the decision to collect taxes, Thailand’s The Nation newspaper affirmed that it was made due to the transactions of Mr. Thaksin’s two children, Panthongtae and Pinthongta.
These two people bought 329 million shares at 1 baht/share of Shin Corp from Ample Rich Company, also controlled by the Shinawatra family.
According to Khanh Chi
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