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Baht Bonds?


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Is this now in force?

The Thai cabinet on Tuesday imposed a 15 per cent withholding tax on capital gains and interest payments for government and state-owned company bonds, a clear signal that it would take tough measures to curb inflows of “hot money”.

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Have a look at this - just love those anti-foreigner sentiments - makes me feel all warm inside

http://www.bangkokpo...pplaud-bond-tax

A quick footnote to my last post: I just put together a paper that draws on the article noted above, and which may be of interest to some forum readers. It can be found at www.burning-bison.com/relationship.htm

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