https://aseannow.com/rss/44-thailand-news.xml/National and regional news from all around Thailandenhttps://aseannow.com/thailand-news/revenue-dept-may-seek-thaksin-bankruptcy-over-tax-debt-r2195/Thailand’s Revenue Department is intensifying efforts to collect more than 17.6 billion baht in tax from former prime minister Thaksin Shinawatra after the Supreme Court ruled that the department’s tax assessment was lawful. The ruling makes the tax debt immediately enforceable and opens the possibility of bankruptcy proceedings if the full amount cannot be recovered. Get today's headlines by email Somsak Anantawat, strategic tax collection adviser for the energy business group and acting director-general of the Revenue Department, said the case became final under Supreme Court judgment No 6890/2568, which was read on November 17, 2025. The court confirmed that the assessment issued by tax officials was lawful, leaving Thaksin liable for a total of 17,629,585,191 baht, including tax, penalties and surcharges. According to Somsak, the Revenue Department continued pursuing the outstanding tax throughout the appeals process and court proceedings. Measures already taken include issuing payment notices, examining all categories of assets, preparing for possible seizure and attachment of assets, expanding asset-tracing efforts in Thailand and abroad, and coordinating with relevant agencies to enforce payment. The dispute originated from a personal income tax assessment notice, known as Por Ngor Dor 12, issued on March 28, 2017. Thaksin sought to have the assessment revoked through the Central Tax Court, which ruled on July 18, 2022, that the Revenue Department had failed to issue a summons under Section 19 of the Revenue Code in his capacity as principal. The Specialised Appeal Court’s tax division upheld that ruling on June 2, 2023. However, the Supreme Court later overturned both lower court decisions and ruled in favour of the Revenue Department. According to the judgment summary, the Supreme Court found that Thaksin had concealed his ownership of shares in Shin Corporation Plc by having other individuals, including Panthongtae Shinawatra and Pinthongtha Shinawatra, hold shares on his behalf. The court found that the arrangement lacked tax morality, conflicted with the purpose of tax law, prevented proper tax collection and had no economic purpose beyond securing other benefits, including income tax advantages. The court also concluded that the transaction was carried out for a seriously unlawful purpose and found no grounds to waive or reduce penalties and surcharges. As a result, the Revenue Department was confirmed as having authority to collect the full assessed amount under the March 28, 2017 assessment notice. The Nation reported that if enforcement measures fail to recover the entire debt, the department will consider filing a bankruptcy case against Thaksin. A news report cited Forbes’ 2025 wealth ranking, which estimated Thaksin’s net worth at US$2.1 billion, or about 72 billion baht, placing him 15th in Thailand and 1,688th globally. Join the discussion? Already a member? Adapted by ASEAN Now Nation 7 June 2026Sat, 06 Jun 2026 20:45:44 +0000Thailand’s Revenue Department is intensifying efforts to collect more than 17.6 billion baht in tax from former prime minister Thaksin Shinawatra after the Supreme Court ruled that the department’s tax assessment was lawful. The ruling makes the tax debt immediately enforceable and opens the possibility of bankruptcy proceedings if the full amount cannot be recovered. Get today's headlines by email Somsak Anantawat, strategic tax collection adviser for the energy business group and acting director-general of the Revenue Department, said the case became final under Supreme Court judgment No 6890/2568, which was read on November 17, 2025. The court confirmed that the assessment issued by tax officials was lawful, leaving Thaksin liable for a total of 17,629,585,191 baht, including tax, penalties and surcharges. According to Somsak, the Revenue Department continued pursuing the outstanding tax throughout the appeals process and court proceedings. Measures already taken include issuing payment notices, examining all categories of assets, preparing for possible seizure and attachment of assets, expanding asset-tracing efforts in Thailand and abroad, and coordinating with relevant agencies to enforce payment. The dispute originated from a personal income tax assessment notice, known as Por Ngor Dor 12, issued on March 28, 2017. Thaksin sought to have the assessment revoked through the Central Tax Court, which ruled on July 18, 2022, that the Revenue Department had failed to issue a summons under Section 19 of the Revenue Code in his capacity as principal. The Specialised Appeal Court’s tax division upheld that ruling on June 2, 2023. However, the Supreme Court later overturned both lower court decisions and ruled in favour of the Revenue Department. According to the judgment summary, the Supreme Court found that Thaksin had concealed his ownership of shares in Shin Corporation Plc by having other individuals, including Panthongtae Shinawatra and Pinthongtha Shinawatra, hold shares on his behalf. The court found that the arrangement lacked tax morality, conflicted with the purpose of tax law, prevented proper tax collection and had no economic purpose beyond securing other benefits, including income tax advantages. The court also concluded that the transaction was carried out for a seriously unlawful purpose and found no grounds to waive or reduce penalties and surcharges. As a result, the Revenue Department was confirmed as having authority to collect the full assessed amount under the March 28, 2017 assessment notice. The Nation reported that if enforcement measures fail to recover the entire debt, the department will consider filing a bankruptcy case against Thaksin. A news report cited Forbes’ 2025 wealth ranking, which estimated Thaksin’s net worth at US$2.1 billion, or about 72 billion baht, placing him 15th in Thailand and 1,688th globally. Join the discussion? Already a member? Adapted by ASEAN Now Nation 7 June 2026 View full articleSat, 06 Jun 2026 20:45:44 +0000This topic has been up for two and a half weeks and so far no one has posted any evidence of a "No Israeli tourists" sign hanging in any business in Thailand. The topic has gotten 3,900 views and 60 replies/ Is it now fair to say the myth of "many" such signs indicating a dislike of Iseali tourists has been busted? Or are there still some members of AN who cling to it?Sat, 06 Jun 2026 20:43:54 +0000I have voted we get rid of all the negative emojis And I have suggested we use "Gender neutral face " emojis instead of a male looking one . We also need to introduce rainbow flag maybe as a positive emojiSat, 06 Jun 2026 20:40:40 +0000L Absolutely!!! Thankyou for your serviceSat, 06 Jun 2026 20:37:39 +0000And the bots that generate a lot of the initial traffic should have this ALWAYS too.Sat, 06 Jun 2026 20:36:33 +0000Trump's team refusing to turn over financial records. The case will get thrown out. https://archive.ph/9Li7x#selection-2293.4-2293.68Sat, 06 Jun 2026 20:28:40 +0000The broken heart is totally useless IMO, I never understood the purpose of it. In this day and age, where too many people rely on AI to draft their posts, there should be an 'AI Slop' emoji, which would mean "you're not fooling anyone, I know you did this with AI".Sat, 06 Jun 2026 20:20:20 +0000I'd like to see the positive emojis remain. The Agree, Thanks and maybe thumbs up.Sat, 06 Jun 2026 20:09:39 +0000What a disaster for UK Pensioners. Work all your life and the government cheats them out of their earned pensions. Starmer and crew will give it away to those undeserving most likely. Thank Heaven we haven’t experienced this in the US. Very sad indeed.Sat, 06 Jun 2026 20:07:35 +0000CourtSat, 06 Jun 2026 20:03:44 +0000TennisSat, 06 Jun 2026 19:57:31 +0000There are 76, and he's been to them all.Sat, 06 Jun 2026 19:42:55 +0000You sound insane.Sat, 06 Jun 2026 19:37:47 +0000Stress is a killer, it destroys everything. The ultimate skill is to be able to avoid stress in stressful situations.Sat, 06 Jun 2026 19:27:03 +0000No. Today the names they use are much worse.Sat, 06 Jun 2026 19:25:07 +0000You asked a question. I gave you the answer. I could have mentioned Hungerford or Dunblane. I could have mentioned Colin Pitchfork, Levi Belfield, Stephen Wright. I could have mentioned Fred West, Roy Whiting or Denis Neilson but I didn't as you initially inserted the rord "recently" into the conversation. The truth is, you asked for instances of white people committing serious offenses. Now you say rape is not a severe crime. To say that in an attempt to nullify some crimes I mentioned is sickening and really shows you in your true colours of trying to keep to your own agenda. Pity on you to suggest such a thing.Sat, 06 Jun 2026 19:23:21 +0000I agree with all that. Sleep becomes more challenging with age for some people though. The other things are all more controllable. Stress and depression are also bad and often result in weight increases as well, for a number of reasons. Some of which are mental and some are physiological.Sat, 06 Jun 2026 19:22:20 +0000Movement indeed, and also, IMO, sleeping enough, drinking plenty of water and limiting sugar.Sat, 06 Jun 2026 19:10:44 +0000That would weigh around 270Kg which is an awfully lot for a woman to take away in a few plastic bags. Sounds like there might be an insurance claim coming up. Easier to take money back to Switzerland than 270Kg or vinyl and CDs.Sat, 06 Jun 2026 19:08:13 +0000https://bangkok.immigration.go.th/en/downloads_en/Sat, 06 Jun 2026 19:08:00 +0000Get rid of the Red thumbs some members do it to wind up members who mentioned getting a red thumb. Its a bullet in the gun for them.Sat, 06 Jun 2026 19:00:01 +0000Do you even English?Sat, 06 Jun 2026 18:59:44 +0000What an idiot for taking drugs into a police station. 😄😂Sat, 06 Jun 2026 18:59:43 +0000Well, shave my bell end and send it to Parliament. Bloody hell Gamma, I’m feckin impressed. You actually nailed something for a change. Top marks for lucidity. Gave you a blue heart on your post.Sat, 06 Jun 2026 18:55:06 +0000