The financial transaction tax for share sales by individual investors trading on the SET has been on the books for around 30 years. (Photo: Pornprom Satrabhaya)The Finance Ministry plans to propose to the cabinet the implementation of a financial transaction tax on individual stock investors soon, says Finance Minister Arkhom Termpittayapaisith. The financial transaction tax applicable for share sales by individual investors trading on the Stock Exchange of Thailand has actually been on the books for around 30 years but has always been waived to support market development. The financial transaction tax is 0.1%. In addition to the transaction tax, investors are subject to a related local tax, which would bring the total tax to 0.11% per share sold.
Source: Bangkok Post June 14, 2022 11:10 UTC