BANGKOK (Reuters) – Thailand’s stock trading volume will be impacted if the government introduces a transaction tax on securities trades on the stock exchange, the bourse president said on Friday.
Pakorn Peetathawatchai was speaking at a news conference after media reports that from 2022, the government was planning to impose a 0.1% tax on equities sales by investors with a volume of more than one million baht per month, to increase tax revenue. The plan was reported by Reuters last year.
(Reporting by Orathai Sriring, Kitiphong Thaichareon, Satawasin Staporncharnchai; Editing by Martin Petty)
