Revenue Dept May Waive Dividend Tax

[David48]

The Stock Exchange of Thailand (SET) would be delighted if the Revenue Department waived dividend taxes, especially since this would boost sentiment in national savings and stocks. The Securities and Exchange Commission (SEC) recently proposed the waiver.

Full story here ... http://www.nationmultimedia.com/business/Revenue-Dept-may-waive-dividend-tax-30173447.html

Anyone know how/if that relates to the 'non-residents' tax (which I pay on my share dividends?

[samran]

geez, I wonder who this is going to benefit?

[chiangmaibruce]

Misleading title to the article in the paper. So this idea is on the wish-list of SEC & SET ... but there is apparently no proposal on the table from the gov't.

Article should have been "SEC/SET wish upon a star". The govt has only recently (Oct 2010) introduced tax on interest on bonds, why would it now turn around and drop tax on share dividends?