Tax from what?

Sales of shares in the stock market?

ROTFLOL

Yes, exactly, it's called Capital Gains Taxes and is levied on ALL transactions

as a percentage of profits made at time of sale relative to purchase price.

This is standard practicve in most all national bourses.

Sales of stocks are investiments or a particulaly percentage of a valuation of an actual

hard asset, a companies net value and it's physical premesis.

If you buy stock you are buying a portion of a comany, and it's assets.

Just like buying a truck to move your vegtables to market,

when you sell the truck and re-register it an sales tax is usually

paid on the book value of that asset; a vheicle for doing business.

So if I buy share 100 Baht today.

And sell for 150 Baht next year.

I gain 50 Baht right? So I have to pay tax, say example, 10% of the 50Baht, eg 5 Baht to the government right?

http://www.set.or.th/en/regulations/tax/tax_p1.html

Edited June 25, 201016 yr by Rucharee

Tax from what?

Sales of shares in the stock market?

ROTFLOL

Yes, exactly, it's called Capital Gains Taxes and is levied on ALL transactions

as a percentage of profits made at time of sale relative to purchase price.

This is standard practicve in most all national bourses.

Sales of stocks are investiments or a particulaly percentage of a valuation of an actual

hard asset, a companies net value and it's physical premesis.

If you buy stock you are buying a portion of a comany, and it's assets.

Just like buying a truck to move your vegtables to market,

when you sell the truck and re-register it an sales tax is usually

paid on the book value of that asset; a vehicle for doing business.

So if I buy share 100 Baht today.

And sell for 150 Baht next year.

I gain 50 Baht right? So I have to pay tax, say example, 10% of the 50Baht, eg 5 Baht to the government right?

http://www.set.or.th...tax/tax_p1.html

Yes, what ever the tax code is, you pay on the profits.

I prefer to think of it as paying to the Thai people,

rather than solely the government.

• Individual Investor

• Pay 10% withholding tax on dividends from listed or limited companies.
• Pay 10% withholding tax on dividends from a mutual fund if the taxpayer decides not to include the dividends with other income at year-end.
• Dividends from any Board of Investment-supported company are tax-exempt.

The last point is interesting. It encourages investing in companies that

theoretically are startups with the national interest more central.

Not sure of the criteria.

Edited June 26, 201016 yr by animatic

Tax from what?

Sales of shares in the stock market?

ROTFLOL

Yes, exactly, it's called Capital Gains Taxes and is levied on ALL transactions

as a percentage of profits made at time of sale relative to purchase price.

This is standard practicve in most all national bourses.

Sales of stocks are investiments or a particulaly percentage of a valuation of an actual

hard asset, a companies net value and it's physical premesis.

If you buy stock you are buying a portion of a comany, and it's assets.

Just like buying a truck to move your vegtables to market,

when you sell the truck and re-register it an sales tax is usually

paid on the book value of that asset; a vehicle for doing business.

So if I buy share 100 Baht today.

And sell for 150 Baht next year.

I gain 50 Baht right? So I have to pay tax, say example, 10% of the 50Baht, eg 5 Baht to the government right?

http://www.set.or.th...tax/tax_p1.html

Yes, what ever the tax code is, you pay on the profits.

I prefer to think of it as paying to the Thai people,

rather than solely the government.

• Individual Investor

• Pay 10% withholding tax on dividends from listed or limited companies.
• Pay 10% withholding tax on dividends from a mutual fund if the taxpayer decides not to include the dividends with other income at year-end.
• Dividends from any Board of Investment-supported company are tax-exempt.

The last point is interesting. It encourages investing in companies that

theoretically are startups with the national interest more central.

Not sure of the criteria.

Actually the SET web site says zero tax on capital gains for individual investors. What has dividend taxes got to do with it ?

Yes, exactly, it's called Capital Gains Taxes and is levied on ALL transactions

as a percentage of profits made at time of sale relative to purchase price.

This is standard practice in most all national bourses.

Sales of stocks are investiments or a particulaly percentage of a valuation of an actual

hard asset, a companies net value and it's physical premesis.

If you buy stock you are buying a portion of a comany, and it's assets.

Just like buying a truck to move your vegtables to market,

when you sell the truck and re-register it an sales tax is usually

paid on the book value of that asset; a vehicle for doing business.

So if I buy share 100 Baht today.

And sell for 150 Baht next year.

I gain 50 Baht right? So I have to pay tax, say example, 10% of the 50Baht, eg 5 Baht to the government right?

http://www.set.or.th...tax/tax_p1.html

Yes, what ever the tax code is, you pay on the profits.

I prefer to think of it as paying to the Thai people,

rather than solely the government.

• Individual Investor

• Pay 10% withholding tax on dividends from listed or limited companies.
• Pay 10% withholding tax on dividends from a mutual fund if the taxpayer decides not to include the dividends with other income at year-end.
• Dividends from any Board of Investment-supported company are tax-exempt.

The last point is interesting. It encourages investing in companies that

theoretically are startups with the national interest more central.

Not sure of the criteria.

Actually the SET web site says zero tax on capital gains for individual investors. What has dividend taxes got to do with it ?

Yes, but doesn't holding a controlling interest change the deal?