PM Paetongtarn Faces Tax Storm: Scandal Brewing Over Shares

[webfact]

People’s Party MP Wiroj Lakkhanaadisorn at the Revenue Department

 

Thailand's Prime Minister, Paetongtarn Shinawatra, faces heat over potential tax loopholes in a family share transfer worth a whopping 4.4 billion baht.

 

The spotlight is on her cosy promissory notes to family members, allegedly dodging the 5% tax on share transfers. The move has sparked uproar, questioning her transparency and legal compliance.

 

The Revenue Department is under pressure to act, following a call from People's MP Wiroj Lakkhanaadisorn. Wiroj urged the department's director-general, Pinsai Suraswadi, to probe such actions, fearing they might set a reckless precedent.

 

As Paetongtarn brushes off the allegations, insisting those promissory notes will be settled next year, tensions brew around her integrity.

 

Among those implicated are her immediate relatives, including brother Panthongtae and sister Pinthongta, with whom she exchanged shares for notes.

 

 

 

Under current rules, promissory notes stay tax-free until cash payment, leaving Wiroj suspicious of this deliberate delay. In the tense air of recent censure debates, opposition echoes demand clarity from their leader.

 

Promissory notes, often accused of vague terms, have positioned Paetongtarn in a potentially precarious legal landscape. With public trust teetering, many watch closely to see how the Revenue Department navigates political tides. For now, Paetongtarn's reputation remains under scrutiny as she holds firm amid the allegations.

 

The ongoing situation highlights a larger national discussion on transparency and fair governance. Both Thai citizens and lawmakers are closely monitoring developments, seeking a resolution that upholds principles of fairness and accountability. The outcome remains uncertain, but it could present political challenges for the Prime Minister.

 

Based on a report by Thai Newsroom

 

-- 2025-03-29

 

 

[watchcat]

16 minutes ago, webfact said:

Prime Minister, Paetongtarn Shinawatra, faces heat over potential tax loopholes in a family share transfer worth a whopping 4.4 billion baht.

 

The whole family is corrupt.

[motdaeng]

16 minutes ago, watchcat said:

The whole family is corrupt.

 

you are absolutly right ...

but to be more precise, every thai person in a higher position is corrupt, and it only gets worse the higher you go, and also all very wealthy people are corrupt ...

corruption is the driving force that keeps thailand running ... the corruption allows the rich to keep getting richer while the poor remain poor ...

 

 

 

[MikeandDow]

33 minutes ago, motdaeng said:

 

you are absolutly right ...

but to be more precise, every thai person in a higher position is corrupt, and it only gets worse the higher you go, and also all very wealthy people are corrupt ...

corruption is the driving force that keeps thailand running ... the corruption allows the rich to keep getting richer while the poor remain poor ...

 

 

 

Spot on !

[ozz1]

They all wanted him back in the country and just now they realise what's going on bit late  they are all as corrupt as each other

[Tropicalevo]

1 hour ago, webfact said:

The spotlight is on her cosy promissory notes to family members, allegedly dodging the 5% tax on share transfers.

Well done Khun Wiroj.

Go for her throat.

You may not win but the publicity will weaken her position.

[Mr Meeseeks]

Not one of them could lie straight in bed.

 

All dishonest, money-worshipping, narcissistic sociopaths.

[Mr Meeseeks]

2 hours ago, watchcat said:

 

The whole family is corrupt.

 

The whole country is.

[Peterphuket]

5 hours ago, watchcat said:

 

The whole family is corrupt.

Who not in LOS.

[harryviking]

These people were NOT elected!! 

[ujayujay]

No wonder? Corruption is deeply rooted in the Shinawatra family.

[newbee2022]

6 hours ago, webfact said:

People’s Party MP Wiroj Lakkhanaadisorn at the Revenue Department

 

Thailand's Prime Minister, Paetongtarn Shinawatra, faces heat over potential tax loopholes in a family share transfer worth a whopping 4.4 billion baht.

 

The spotlight is on her cosy promissory notes to family members, allegedly dodging the 5% tax on share transfers. The move has sparked uproar, questioning her transparency and legal compliance.

 

The Revenue Department is under pressure to act, following a call from People's MP Wiroj Lakkhanaadisorn. Wiroj urged the department's director-general, Pinsai Suraswadi, to probe such actions, fearing they might set a reckless precedent.

 

As Paetongtarn brushes off the allegations, insisting those promissory notes will be settled next year, tensions brew around her integrity.

 

Among those implicated are her immediate relatives, including brother Panthongtae and sister Pinthongta, with whom she exchanged shares for notes.

 

 

 

Under current rules, promissory notes stay tax-free until cash payment, leaving Wiroj suspicious of this deliberate delay. In the tense air of recent censure debates, opposition echoes demand clarity from their leader.

 

Promissory notes, often accused of vague terms, have positioned Paetongtarn in a potentially precarious legal landscape. With public trust teetering, many watch closely to see how the Revenue Department navigates political tides. For now, Paetongtarn's reputation remains under scrutiny as she holds firm amid the allegations.

 

The ongoing situation highlights a larger national discussion on transparency and fair governance. Both Thai citizens and lawmakers are closely monitoring developments, seeking a resolution that upholds principles of fairness and accountability. The outcome remains uncertain, but it could present political challenges for the Prime Minister.

 

Based on a report by Thai Newsroom

 

-- 2025-03-29

 

 

Who would expect her to be as innocent as a new born baby???😂

[cynic1]

Why bother to reply. When most, if not all farangs, know the family only think of two things being power and money.

[khunPer]

If my memory serves me right, there has been stories in the news before about tax evasion from shares in the Shinawatra family...

[oustaristocrats]

7 hours ago, motdaeng said:

 

you are absolutly right ...

but to be more precise, every thai person in a higher position is corrupt, and it only gets worse the higher you go, and also all very wealthy people are corrupt ...

corruption is the driving force that keeps thailand running ... the corruption allows the rich to keep getting richer while the poor remain poor ...

 

 

 

 

Yes, you are absolutely right. And the wheels keep going because nobody is doing anything against it, the party who was closest was bypassed the last election, and all descendants of these elites can keep filling their pockets for years to come.

 

There is only one way out: Power by the masses, but unfortunately that's not Thai culture, doing it the soft way may need decades to bring a change, if ever.

[biggles45]

Didn't daddy Thaksin do some shady tax moves when he sold his company years ago? 

[Mavideol]

and the Move Forward & Future Forward guys were disbanded because they owned shares on some companies, these corrupted ones run the government, how can anybody take/refer to them as serious country, banana republic with cover up after cover up for the ones on the same side, as you long as you don't dare to challenge them you may cant get some bread crumbs

A Popular Thai Opposition Party Was Disbanded. What Happens Next?

https://www.cfr.org/in-brief/thailand-future-forward-party-disbanded-thanathorn-protest

 

Thai election: Move Forward Party has replaced Future Forward Party, but can it make a similar splash?

https://www.channelnewsasia.com/asia/thai-election-future-forward-party-move-forward-party-pita-limjaroenrat-chonthica-jangrew-3477551

 

[watchcat]

10 hours ago, biggles45 said:

Didn't daddy Thaksin do some shady tax moves when he sold his company years ago? 

 

Every business deal he makes is corrupt,  it comes natural to him. Look at his latest hospital visit, what a joke!

[smedly]

runs in the family