Thaksin's Children To Be Forced To Pay Income Tax At 37 Per Cent Rate

[nick2k]

Unpakorn threw that book up in the air so quickly following the coup that it will hit him back in the face by surprise someday.

Using the ''Thaksin trying to improve their lives just a little too much for the tastes of the elite'' excuse is an insult to the poor and farmers, not to the elite. His fortune increased tremendously in 5 years WHILE HOLDING OFFICE, corruption was shifted to industrial scale, his populist programs crashing and being investigated, AND his latest philantropic declarations of helping the poor and education have been somehow set aside, putting more priority on the purchase of a football club overseas and becoming the godfather of Golf in Thailand.

I wonder how many farmers play golf?

for some reason, I get the feeling that you are trying to say that it was not possible for thaksin to make so much money while he was in office. so, therefore, he must have stolen it. am I correct in this assumption?

if so, I think you need to do some research on google to get a better perspective of the cell phone industry in the last 10 years. not only was it possible for thaksin to make twice the amount he started with when he first entered office, the amount he made was peanuts compared to many other cell phone companies around the world.

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

[John K]

Unpakorn threw that book up in the air so quickly following the coup that it will hit him back in the face by surprise someday.

Using the ''Thaksin trying to improve their lives just a little too much for the tastes of the elite'' excuse is an insult to the poor and farmers, not to the elite. His fortune increased tremendously in 5 years WHILE HOLDING OFFICE, corruption was shifted to industrial scale, his populist programs crashing and being investigated, AND his latest philantropic declarations of helping the poor and education have been somehow set aside, putting more priority on the purchase of a football club overseas and becoming the godfather of Golf in Thailand.

I wonder how many farmers play golf?

for some reason, I get the feeling that you are trying to say that it was not possible for thaksin to make so much money while he was in office. so, therefore, he must have stolen it. am I correct in this assumption?

if so, I think you need to do some research on google to get a better perspective of the cell phone industry in the last 10 years. not only was it possible for thaksin to make twice the amount he started with when he first entered office, the amount he made was peanuts compared to many other cell phone companies around the world.

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

Nick2k, you are making an assumption that Thaksin plays by the rules. This whole thread is because he does not.

[sriracha john]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

Edited May 7, 2007 by sriracha john

[nick2k]

Unpakorn threw that book up in the air so quickly following the coup that it will hit him back in the face by surprise someday.

Using the ''Thaksin trying to improve their lives just a little too much for the tastes of the elite'' excuse is an insult to the poor and farmers, not to the elite. His fortune increased tremendously in 5 years WHILE HOLDING OFFICE, corruption was shifted to industrial scale, his populist programs crashing and being investigated, AND his latest philantropic declarations of helping the poor and education have been somehow set aside, putting more priority on the purchase of a football club overseas and becoming the godfather of Golf in Thailand.

I wonder how many farmers play golf?

for some reason, I get the feeling that you are trying to say that it was not possible for thaksin to make so much money while he was in office. so, therefore, he must have stolen it. am I correct in this assumption?

if so, I think you need to do some research on google to get a better perspective of the cell phone industry in the last 10 years. not only was it possible for thaksin to make twice the amount he started with when he first entered office, the amount he made was peanuts compared to many other cell phone companies around the world.

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

Nick2k, you are making an assumption that Thaksin plays by the rules. This whole thread is because he does not.

what rules are you referring to? ..the rules of the elite who want to oppress the poor?

I know from my readings that thaksin is not an angel. but much of the rhetoric I have read here is based on heresay.

[marshbags]

makes me laugh watching a military installed tribunal trying to exact their arbitrary 'justice', bumping all over due process and stepping over boundaries. bunch of amateurs.

the interim government will never get the so-called tax money they are trying to extort from the shin kids. this much i'm sure. just like the iTV fine, the number here is so fantastically high because newly installed greedy officials want enough to pay themselves off

Extort, Greedy Officials Wanting to pay Themselves

That,s a cracker, T.D., You certainly made me laugh with your reference, surely you borrowed it from observations that the last administration consistanly did and is surely meant to be applicable to that

" Certain GREEDY Family and their Coherts "

marshbags

Edited May 7, 2007 by marshbags

[nick2k]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

how specific do you want to be? I mean, like the cia list is in numeric order with the country with the highest number of cell phone users at the top. the other was pretty straight forward too. 5.4 cell phone users for every 100 people. according to the figures in the chart, in 2002, there were about 60 million population in thailand. 10% is 6 million. 5% is 3 million.

hey. I welcome more info. so, if your facts are better. the sooner we get to the truth.

at your figure of 7 million for AIS alone in 2002. thaksin would still be able to make at least twice what he had before he took office. my guess he made more because of the numerous additional revenue gimmicks that were introduced along the way with the evolution of the cell phone.

bottom line. anybody with half a brain could see that over the years, the number of cell phone users here in thailand increased exponentially. and whoever was providing the service reaped the rewards - thaksin.

[John K]

Unpakorn threw that book up in the air so quickly following the coup that it will hit him back in the face by surprise someday.

Using the ''Thaksin trying to improve their lives just a little too much for the tastes of the elite'' excuse is an insult to the poor and farmers, not to the elite. His fortune increased tremendously in 5 years WHILE HOLDING OFFICE, corruption was shifted to industrial scale, his populist programs crashing and being investigated, AND his latest philantropic declarations of helping the poor and education have been somehow set aside, putting more priority on the purchase of a football club overseas and becoming the godfather of Golf in Thailand.

I wonder how many farmers play golf?

for some reason, I get the feeling that you are trying to say that it was not possible for thaksin to make so much money while he was in office. so, therefore, he must have stolen it. am I correct in this assumption?

if so, I think you need to do some research on google to get a better perspective of the cell phone industry in the last 10 years. not only was it possible for thaksin to make twice the amount he started with when he first entered office, the amount he made was peanuts compared to many other cell phone companies around the world.

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

Nick2k, you are making an assumption that Thaksin plays by the rules. This whole thread is because he does not.

what rules are you referring to? ..the rules of the elite who want to oppress the poor?

I know from my readings that thaksin is not an angel. but much of the rhetoric I have read here is based on heresay.

Forgive me nick2k but it seems you are a bit new to the happenings. I would like to help get you up to speed as well as others I am sure, can you tell us a bit about yourself and if you were in Thailand for the past 2 years or so. Being up country does not count as Thaksin had solid control on the media there and information was all one sided and distorted. No opposing views were allowed. Most of the posters here have had first hand experience and can come to their own conclusions about Thaksin and don't need the media to tell them what to think.

[nick2k]

what do you want to know about me? my home address? my phone number? where I hang out?

..what kind of first hand information are you talking about? did you and your "friends" hang out with thaksin?

oh. maybe one for your friends was into dealing drugs? and thaksin came down hard on him?

..what can you possibly tell me that I can't find off the internet?

furthermore, if what you know is so important, why don't you share it with all of us on this forum? oh. you want to tell it to me face to face?

[John K]

what do you want to know about me? my home address? my phone number? where I hang out?

..what kind of first hand information are you talking about? did you and your "friends" hang out with thaksin?

oh. maybe one for your friends was into dealing drugs? and thaksin came down hard on him?

..what can you possibly tell me that I can't find off the internet?

furthermore, if what you know is so important, why don't you share it with all of us on this forum? oh. you want to tell it to me face to face?

No, just about your time and experiences in Thailand. When I first came here I was oblivious to the political situation until it started to negatively effect me. From that point on I took a closer look. If Thailand was going to be my new home, I like others want to make it as enjoyable as possible. I soon came to realize the Thais read tv threads and often after a few days what was suggested here came to be. From your posts it looks like you have little first hand experience. Once we can establish a starting point we can point you to key threads and get you up to speed. Remember Thaksin controlled the media so much of what you find on the Internet was approved by Thaksin. That all changed in September last year.

[nick2k]

what do you want to know about me? my home address? my phone number? where I hang out?

..what kind of first hand information are you talking about? did you and your "friends" hang out with thaksin?

oh. maybe one for your friends was into dealing drugs? and thaksin came down hard on him?

..what can you possibly tell me that I can't find off the internet?

furthermore, if what you know is so important, why don't you share it with all of us on this forum? oh. you want to tell it to me face to face?

No, just about your time and experiences in Thailand. When I first came here I was oblivious to the political situation until it started to negatively effect me. From that point on I took a closer look. If Thailand was going to be my new home, I like others want to make it as enjoyable as possible. I soon came to realize the Thais read tv threads and often after a few days what was suggested here came to be. From your posts it looks like you have little first hand experience. Once we can establish a starting point we can point you to key threads and get you up to speed. Remember Thaksin controlled the media so much of what you find on the Internet was approved by Thaksin. That all changed in September last year.

I prefer to remain as anonymous as possible. even though I know it may not be up to the level I want to be. ..but if you have some information or strings that you think would interest me. list them, and I will read them.

[younghusband]

what do you want to know about me? my home address? my phone number? where I hang out?

..what kind of first hand information are you talking about? did you and your "friends" hang out with thaksin?

oh. maybe one for your friends was into dealing drugs? and thaksin came down hard on him?

..what can you possibly tell me that I can't find off the internet?

furthermore, if what you know is so important, why don't you share it with all of us on this forum? oh. you want to tell it to me face to face?

No, just about your time and experiences in Thailand. When I first came here I was oblivious to the political situation until it started to negatively effect me. From that point on I took a closer look. If Thailand was going to be my new home, I like others want to make it as enjoyable as possible. I soon came to realize the Thais read tv threads and often after a few days what was suggested here came to be. From your posts it looks like you have little first hand experience. Once we can establish a starting point we can point you to key threads and get you up to speed. Remember Thaksin controlled the media so much of what you find on the Internet was approved by Thaksin. That all changed in September last year.

With respect I don't think you should address nick2k's points in such a patronising way since it's clear from your multiple and often incomprehensible posts you lack the experience,knowledge and historical context of Thailand to add much if any value.I have been here for nearly 30 years operating at a senior corporate level and would not deam of taking such an arrogant posture.

[nick2k]

what do you want to know about me? my home address? my phone number? where I hang out?

..what kind of first hand information are you talking about? did you and your "friends" hang out with thaksin?

oh. maybe one for your friends was into dealing drugs? and thaksin came down hard on him?

..what can you possibly tell me that I can't find off the internet?

furthermore, if what you know is so important, why don't you share it with all of us on this forum? oh. you want to tell it to me face to face?

No, just about your time and experiences in Thailand. When I first came here I was oblivious to the political situation until it started to negatively effect me. From that point on I took a closer look. If Thailand was going to be my new home, I like others want to make it as enjoyable as possible. I soon came to realize the Thais read tv threads and often after a few days what was suggested here came to be. From your posts it looks like you have little first hand experience. Once we can establish a starting point we can point you to key threads and get you up to speed. Remember Thaksin controlled the media so much of what you find on the Internet was approved by Thaksin. That all changed in September last year.

you know, I was just thinking about what you said about thaksin. about how he controlled the media and everything. that doesn't make sense. I read the newspapers here a lot. and I see so many editorials written that are anti-thaksin. your claim that he is controlling the media sounds bogus.

frankly, as I see it, the newspapers here are spewing out anti-thaksin propaganda all the time. they make remarks that have no valid supporting evidence. the way they talk, you would think they only had a grade school education.

[nick2k]

Nick2k

In thinking about what laws were changed from memory. The law that said what percentage of a company can be owned by non Thais and some tax laws associated with that. That lead to a whole bunch of overreactions by this government and new stricter laws are in place. The grace period is still active on that so watch the threads on that.

For the record the seated parliament that Thaksin dissolved was just a puppet parliament. Decision like law changes took minutes and not days as should be with proper debate. It took about 35 minutes to change this particular law. That is just about the time it would take to announce the agenda, vote, count the votes, and have Thaksin sign it into law. Thaksin just painted the appearance of democracy. As laws got in his way, he just did the same, no debate just vote as the boss says. 49 billion was just too much to hide so he had to make some changes. The research found that Thaksin did not even meet the requirements of the laws he changed and that is what changed this from no tax to the amount we see now. That took time to put together finding this disbursed and deliberately delayed information. Add to that some of the companies involved of Thaksin’s were off shore and did not meet the requirement of no tax. Just a bit of the Thai double standard coming back to bite Thaksin in the ass. That is where we are today.

Again from memory so some of this could be wrong but generally a accurate summary.

did you know that UCOM sold out their company to Telenor before thaksin sold shin to singapore?

did you know that Telenor of norway controls DTAC?

did you know that samart sold over 24% of their company to somebody in malaysia?

in other words, there was already a precedence to thaksin selling shin to singapore.

yet, UCOM and DTAC didn't get any condemnations from the media. nor did samart. I wonder why?

did you know that sonthi limthongkul owns part of DTAC?

the following are the links supporting my above claims.. if you don't want to refer to them, I can understand. ignorance is bliss.

http://en.wikipedia.org/wiki/Sondhi_Limthongkul

http://72.14.235.104/search?q=cache:g9nRxs...;cd=3&gl=th

http://kelive.kimeng.co.th/kelive/UploadPd...1021_ucom_e.pdf

http://www.samartcorp.com/download/2005/Sa...panyLimited.pdf

[Tony Clifton]

Nick2k

You may want to google these words. And see how AIS somehow was always preferred over others

thai AIS competitors unfair

AIS comes under fire from rivals over alleged price dumping.

Unfair competition complaints files against AIS Mobile

DTAC AND TRUE MOVE JOIN FORCES TO FIGHT FOR JUSTICE AGAINST AIS ... fair’ competition and has already caused a tremendous loss to TOT and Thai consumers

t is anticipated that the right measures of opening the telecommunication market for competition both free and fair will not only promote Thailand

ll the deals with the four operators - AIS, DTAC, True and Hutch - were not on the same footing, resulting in unfair competition. The minister cited the previous governments' failure to follow the public-private sector joint venture law, which governs all schemes worth over Bt1 billion, as another reason for reviewing the lucrative telecom concessions.

Thailand's free trade tactics under fire

Thailand is a chorus of criticism, claiming the deal is unfair for many Thai ... Many believe the deal will help Shinawatra-owned AIS,

[John K]

Ok without getting too far off topic here, I will go over a few basics. From about August 2005 Thaksin was no longer able to keep things from public view. Up to then it was a lot of “Why did he do that, it does not make any sense.”

Thaksin had a good clamp on the media in Isaan, so the news was very one sided. He even made it difficult for others to go and have informative meetings there. The Nation was one of the few papers that presented things closer tot he truth. . That is why I said Isaan does not count.

So threads that were started from August 2005 should be the place to look. When you start to look at the threads read between the lines and you will see a very clear pattern of Thaksin only doing things for himself trying to make them look like he was doing it for the country. Read the posts to get a feel from the people experiencing them first hand and you will see they all can’t be wrong.

Because things broke the surface in August 2005, Thaksin had a lot of law suits going agents his critics, and very shortly after the December 4, 2005 birthday speech of HRH that had a lot of metaphors in it, Thaksin dropped the law suits and appeared to be a nice boy for a while. That only lasted for a month or so.

In early January of 2006 is when the Shin deal went down. Add that to Thaksin only listening to himself, his arrogance towards others, viewing everyone as incompetent, openly insulting everyone, and very obvious lies. He was under huge pressure to leave office and there were huge rallies to that effect. That resulted in a tactical move to dissolve parliament.

From that point the elections slated for early April 2006 were nullified because of irregularities. Many threads on that leading to the election commissioners being jailed and new election put in place for late 2006. A few days after the elections in April Thaksin resigned or said he did. As I recall he even left Thailand for a while. However that was a tactical move to end the anti Thaksin rallies. He returned about a month later saying it was just a vacation.

That set off a new round of protests and Thaksin no longer was making efforts to hide his actions. The gloves were off so to speak. He was making clear efforts to divide the country. He even made some attacks in early July to people he should not go near. All while this was going on Thaksin was still making deals to make money for himself with a care taker government in place.

In a effort to gain the upper hand he needed a reason to declare a state of emergency so a car bomb attack was staged. All the while Thaksin was taking control of everything by putting his people in key posts in the government and military. Thaksin even tried to provoke violence at the anti Thaksin rallies but the PAD leaders saw it as a trap and steered the crowd away from the traps. That would have been the excuse Thaksin needed to call for a state of emergency.

Next because provoking violence did not work the peaceful anti Thaksin protests were met with violence by hired thugs connected to Thaksin that took the initiative to make the first strike as the PAD would not. Each protest there was greater violence caused by the thugs. Escalation suggested there would be a lot of bloodshed for the rally that was to have been September 20, and that seemed to be the straw that caused the coup on September 19. If Thaksin declared a state of emergency he would have complete control to crush any anti Thaksin protests. The level of control would be the same as in the south.

There are threads to all of this and more, but unfortunately I don’t have time at the moment to compile them. I am sure SJ may have a bunch already compiled.

If you wish to talk about the general history of Thaksin, start a thread in the general section and drop a link here. I am sure you will have many things to review. As you see the nature of Thaksin you will understand you simply can’t take him at face value or expect him to say the truth about anything, in fact he commonly says the opposite.

[sriracha john]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

how specific do you want to be? I mean, like the cia list is in numeric order with the country with the highest number of cell phone users at the top. the other was pretty straight forward too. 5.4 cell phone users for every 100 people. according to the figures in the chart, in 2002, there were about 60 million population in thailand. 10% is 6 million. 5% is 3 million.

hey. I welcome more info. so, if your facts are better. the sooner we get to the truth.

at your figure of 7 million for AIS alone in 2002. thaksin would still be able to make at least twice what he had before he took office. my guess he made more because of the numerous additional revenue gimmicks that were introduced along the way with the evolution of the cell phone.

bottom line. anybody with half a brain could see that over the years, the number of cell phone users here in thailand increased exponentially. and whoever was providing the service reaped the rewards - thaksin.

Actually, according to the official, legal documents that Thaksin files every year regarding his assets.... he actually lost money over those years.

Knowing that he's such an honest and open man, it's impossible to contest that he would ever fudge on any figures, so we must reconcile ourselves to agree that despite the boom in cell phone users, he somehow lost money. Poor guy... and he was supposedly so astute in the business world.

Thaksin's assets are worth Bt576.38 million

Published on Nov 29, 2002

http://www.nationmultimedia.com/search/pag...date=2002-11-29

Thaksin had assets of Bt512 million

Published on Oct 21, 2006

http://www.nationmultimedia.com/search/pag...amp;id=30016789

Edited May 7, 2007 by sriracha john

[nick2k]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

how specific do you want to be? I mean, like the cia list is in numeric order with the country with the highest number of cell phone users at the top. the other was pretty straight forward too. 5.4 cell phone users for every 100 people. according to the figures in the chart, in 2002, there were about 60 million population in thailand. 10% is 6 million. 5% is 3 million.

hey. I welcome more info. so, if your facts are better. the sooner we get to the truth.

at your figure of 7 million for AIS alone in 2002. thaksin would still be able to make at least twice what he had before he took office. my guess he made more because of the numerous additional revenue gimmicks that were introduced along the way with the evolution of the cell phone.

bottom line. anybody with half a brain could see that over the years, the number of cell phone users here in thailand increased exponentially. and whoever was providing the service reaped the rewards - thaksin.

Actually, according to the official, legal documents that Thaksin files every year regarding his assets.... he actually lost money over those years.

Knowing that he's such an honest and open man, it's impossible to contest that he would ever fudge on any figures, so we must reconcile ourselves to agree that despite the boom in cell phone users, he somehow lost money. Poor guy... and he was supposedly so astute in the business world.

Thaksin's assets are worth Bt576.38 million

Published on Nov 29, 2002

http://www.nationmultimedia.com/search/pag...date=2002-11-29

Thaksin had assets of Bt512 million

Published on Oct 21, 2006

http://www.nationmultimedia.com/search/pag...amp;id=30016789

interesting point to consider.... the shares were in the hands of the children at the time... shin corp ipo in year 2000...

the value of the stock at time of ipo would be basis.

thaksin transferred shares to his son before he took office in 2000. but in 2005, 20% was transferred to the daughter.

..under usa law, at the time of the sale, a capital gains tax would have occurred to both the son and the daughter based on the difference in value between the time of the ipo and 2005 when shin was sold to singapore.

..but here in thailand, there are no capital gains tax for stock transactions. so, no tax was forecoming.

if the revenue department, bdo-richfield, and other people have said that no taxes were forecoming, it must be the case.

boy. I wish usa had the same laws. but then, that is wishful thinking.

http://www.asiaweek.com/asiaweek/magazine/.../cover.ipo.html

http://www.asiamedia.ucla.edu/article.asp?parentid=38308

http://en.wikipedia.org/wiki/Capital_gains_tax#Thailand

[nick2k]

the 20% transfer was something I thought about. but one of my friends who is a tax accountant told me that his parents legally sold their house to him for less than the market value of the house. if thailand has the same laws, then, I guess the 20% transfer was ok too.

[sriracha john]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

how specific do you want to be? I mean, like the cia list is in numeric order with the country with the highest number of cell phone users at the top. the other was pretty straight forward too. 5.4 cell phone users for every 100 people. according to the figures in the chart, in 2002, there were about 60 million population in thailand. 10% is 6 million. 5% is 3 million.

hey. I welcome more info. so, if your facts are better. the sooner we get to the truth.

at your figure of 7 million for AIS alone in 2002. thaksin would still be able to make at least twice what he had before he took office. my guess he made more because of the numerous additional revenue gimmicks that were introduced along the way with the evolution of the cell phone.

bottom line. anybody with half a brain could see that over the years, the number of cell phone users here in thailand increased exponentially. and whoever was providing the service reaped the rewards - thaksin.

Actually, according to the official, legal documents that Thaksin files every year regarding his assets.... he actually lost money over those years.

Knowing that he's such an honest and open man, it's impossible to contest that he would ever fudge on any figures, so we must reconcile ourselves to agree that despite the boom in cell phone users, he somehow lost money. Poor guy... and he was supposedly so astute in the business world.

Thaksin's assets are worth Bt576.38 million

Published on Nov 29, 2002

http://www.nationmultimedia.com/search/pag...date=2002-11-29

Thaksin had assets of Bt512 million

Published on Oct 21, 2006

http://www.nationmultimedia.com/search/pag...amp;id=30016789

interesting point to consider.... the shares were in the hands of the children at the time... shin corp ipo in year 2000...

the value of the stock at time of ipo would be basis.

thaksin transferred shares to his son before he took office in 2000. but in 2005, 20% was transferred to the daughter.

..under usa law, at the time of the sale, a capital gains tax would have occurred to both the son and the daughter based on the difference in value between the time of the ipo and 2005 when shin was sold to singapore.

..but here in thailand, there are no capital gains tax for stock transactions. so, no tax was forecoming.

if the revenue department, bdo-richfield, and other people have said that no taxes were forecoming, it must be the case.

boy. I wish usa had the same laws. but then, that is wishful thinking.

http://www.asiaweek.com/asiaweek/magazine/.../cover.ipo.html

http://www.asiamedia.ucla.edu/article.asp?parentid=38308

http://en.wikipedia.org/wiki/Capital_gains_tax#Thailand

Regarding your "no taxes were forthcoming"

Do you have anything from BDO more recent than 25 months ago? It'd be interesting if BDO could read Post #360 with all it's implications and convolutions and come up with an up-to-date opinion based upon the mountain of information that's been uncovered since Feb. 2005. You might give that ol' Post #360 a read as well as I see you are still saying that it's a straight "no capital gains tax on a stock sale" situation... which it's not.

And I assume you mean the "old" group at the revenue dept. The ones that have been removed from office for malfeasance.

[nick2k]

from one source I found, according to the info provided - in 2002, there were about 3 million cell phone users in thailand. in 2005, there were 27 million cell phone users. in just 3 years, the number of cell phone users in thailand increased 9 TIMES!!!!!

http://www.eng.vt.edu/pdf/upload_files/Cel...0statistics.pdf

https://www.cia.gov/cia/publications/factbo...r/2151rank.html

http://www.cid.harvard.edu/cr/profiles/Thailand.pdf

http://board.nanaplaza.com/printthread.php...amp;type=thread

As your previous claims based on your cited references and links were erroneous or false, I decided to not bother looking any further at your proposed claims or statistics after finding out that just AIS alone, as one of the 3 major phone companies, had 7.4 million cell phone users by itself in mid-2002:

http://www.nationmultimedia.com/search/pag...date=2002-12-09

For future reference, it's generally a good idea to put as specific a link as possible to your specific reference.

how specific do you want to be? I mean, like the cia list is in numeric order with the country with the highest number of cell phone users at the top. the other was pretty straight forward too. 5.4 cell phone users for every 100 people. according to the figures in the chart, in 2002, there were about 60 million population in thailand. 10% is 6 million. 5% is 3 million.

hey. I welcome more info. so, if your facts are better. the sooner we get to the truth.

at your figure of 7 million for AIS alone in 2002. thaksin would still be able to make at least twice what he had before he took office. my guess he made more because of the numerous additional revenue gimmicks that were introduced along the way with the evolution of the cell phone.

bottom line. anybody with half a brain could see that over the years, the number of cell phone users here in thailand increased exponentially. and whoever was providing the service reaped the rewards - thaksin.

Actually, according to the official, legal documents that Thaksin files every year regarding his assets.... he actually lost money over those years.

Knowing that he's such an honest and open man, it's impossible to contest that he would ever fudge on any figures, so we must reconcile ourselves to agree that despite the boom in cell phone users, he somehow lost money. Poor guy... and he was supposedly so astute in the business world.

Thaksin's assets are worth Bt576.38 million

Published on Nov 29, 2002

http://www.nationmultimedia.com/search/pag...date=2002-11-29

Thaksin had assets of Bt512 million

Published on Oct 21, 2006

http://www.nationmultimedia.com/search/pag...amp;id=30016789

interesting point to consider.... the shares were in the hands of the children at the time... shin corp ipo in year 2000...

the value of the stock at time of ipo would be basis.

thaksin transferred shares to his son before he took office in 2000. but in 2005, 20% was transferred to the daughter.

..under usa law, at the time of the sale, a capital gains tax would have occurred to both the son and the daughter based on the difference in value between the time of the ipo and 2005 when shin was sold to singapore.

..but here in thailand, there are no capital gains tax for stock transactions. so, no tax was forecoming.

if the revenue department, bdo-richfield, and other people have said that no taxes were forecoming, it must be the case.

boy. I wish usa had the same laws. but then, that is wishful thinking.

http://www.asiaweek.com/asiaweek/magazine/.../cover.ipo.html

http://www.asiamedia.ucla.edu/article.asp?parentid=38308

http://en.wikipedia.org/wiki/Capital_gains_tax#Thailand

Regarding your "no taxes were forthcoming"

Do you have anything from BDO more recent than 25 months ago? It'd be interesting if BDO could read Post #360 with all it's implications and convolutions and come up with an up-to-date opinion based upon the mountain of information that's been uncovered since Feb. 2005. You might give that ol' Post #360 a read as well as I see you are still saying that it's a straight "no capital gains tax on a stock sale" situation... which it's not.

And I assume you mean the "old" group at the revenue dept. The ones that have been removed from office for malfeasance.

in all fairness to the old revenue department, they didn't make the laws regarding no tax to stock transactions. those laws were in place since the stock market SET opened their doors back in 1975. my guess is that these laws were in place as an incentive to bring in new investors.

if you referred to the wikipedia link in my previous post, you will see that thailand is not the only one that has this law. ..no capital gains taxes. in some countries, the no capital gains taxes applies not only to stock transactions, but to everything. can you believe that?

how do I personally feel about this law? like I said earlier, I wish they had it in the states. but of course, it is wishful thinking.

with that out of the way, if I were a responsible citizen of thailand, I would vote to have this law changed so that the new revenue department can make some more money for the country. money that can be used to finance educational schemes to improve schools. to advance the educational standards of thailand. to improve the country.

my guess is that this was never done in the past 30 years because the majority of the voters in thailand didn't even know of it's implications. maybe too busy just trying to survive. and the ones who did know about it didn't want it to change.

as for BDO, they have a website. you can do your own research or even pose questions to them yourself. my understanding is they are a consultant firm. they don't make policy. they just interpret it.

as for your remark that quote, "this is not a - no capital gains tax situation.", you are wrong. it is just that. it is in black in white for everybody to see. that is why BDO puts its full support behind it.

also consider this... there is a precedence for what thaksin did with selling shin to a foreign company. UCOM and DTAC did it before thaksin sold shin. and get this, they took advantage of the SAME tax loophole. did you know that Telenor of norway who has 70% control of DTAC is telling it's stockholders that they are within the thai law to owning 70%? check out the story in the link below.

hey. if it is within the law for DTAC, why is it not within the law for shin?

I think I know why... sonthi limthongkul, the arch rival of thaksin owns part of DTAC. not only does he own part of DTAC, he has his hand in much of the media here in thailand. which incidentally would explain why so many publications here are anti-thaksin.

hehehe. good trick.

http://www.set.or.th/en/about/overview/history_p1.html

http://www.bdo-thai.com/contact.html

http://www.abcmoney.co.uk/news/04200766531.htm

[sriracha john]

Regarding your "no taxes were forthcoming"

Do you have anything from BDO more recent than 25 months ago?

as for BDO, they have a website. you can do your own research

I'll take that as a "No" then. Thanks, anyway.

[sriracha john]

which incidentally would explain why so many publications here are anti-thaksin.

I think the real reason there are so many articles that are anti-Thaksin is because he's a megalomaniac, thieving, arrogant, murdering, insatiable, corrupt, egotistical, dishonest, self-centered, greedy, MF, SOB.

IMHO, of course.

[nick2k]

which incidentally would explain why so many publications here are anti-thaksin.

I think the real reason there are so many articles that are anti-Thaksin is because he's a megalomaniac, thieving, arrogant, murdering, insatiable, corrupt, egotistical, dishonest, self-centered, greedy, MF, SOB.

IMHO, of course.

I guess it would be pointless for me to invite you to join me on a pro-thaksin gathering, right?

[John K]

which incidentally would explain why so many publications here are anti-thaksin.

I think the real reason there are so many articles that are anti-Thaksin is because he's a megalomaniac, thieving, arrogant, murdering, insatiable, corrupt, egotistical, dishonest, self-centered, greedy, MF, SOB.

IMHO, of course.

I guess it would be pointless for me to invite you to join me on a pro-thaksin gathering, right?

I truly believe the people that would attend a pro Thaksin gathering would do so only if the had some financial gain from it or did not have the education to see he is screwing them.

[Tony Clifton]

which incidentally would explain why so many publications here are anti-thaksin.

I think the real reason there are so many articles that are anti-Thaksin is because he's a megalomaniac, thieving, arrogant, murdering, insatiable, corrupt, egotistical, dishonest, self-centered, greedy, MF, SOB.

IMHO, of course.

I guess it would be pointless for me to invite you to join me on a pro-thaksin gathering, right?

How much do we get to attend? Free bus ride? Meals?Flags? Same as usual?

Edited May 7, 2007 by Tony Clifton

[nick2k]

which incidentally would explain why so many publications here are anti-thaksin.

I think the real reason there are so many articles that are anti-Thaksin is because he's a megalomaniac, thieving, arrogant, murdering, insatiable, corrupt, egotistical, dishonest, self-centered, greedy, MF, SOB.

IMHO, of course.

I guess it would be pointless for me to invite you to join me on a pro-thaksin gathering, right?

How much do we get to attend? Free bus ride? Meals?Flags? Same as usual?

hahahaha. you got me there.

[John K]

His wife gives out roses and eye irritants.

[John K]

As long as we are on the topic for the moment.

London protestors paid, claims anti-Thaksin campaigner

Anti-Thaksin campaigner Ekkayuth Anchanbutr claimed on Monday that anti-coup protesters in London were paid Bt3,490 each last week.

"Most protesters were not Thais but illegal migrant workers who got paid for the publicity stunt staged by Thaksin's supporters," he said.

Ekkayuth did not explain the financial source for the last week's demonstration.

He said most Thai students and expats stayed away from the rally. He also criticised the government for failing to seize Thaksin's assets even though seven months had passed since the coup.

"The failure to seize his assets has allowed Thaksin to continuously mount counter attacks against the government by spreading his money around," he said.

He said he had informed junta member General Saprang Kalayanamitr, and Auditor General Khunying Jaruvan Maintaka, that he was willing to pay his own expenses in tracking down Thaksin's assets.

He called on the government to invoke tax and money laundering laws to impound the illgotten gains.

"Without the freeze on his wealth, Thaksin appears sympathetic in the eyes of foreigners as a former government leader dethroned by the coup," he said.

If Thaksin continues to receiving lenient treatment, authorities will have a more difficult time to prosecute him because his rising number of supporters will try to act as his shield, he said.

Before Ekkayuth made his remarks, two advocacy groups in the Northeast issued a joint statement on Sunday calling for the immediate dismissal of Prime Minister Surayud Chulanont, who appears reluctant to punish Thaksin.

The two groups, the Isaan People's Network and the Korat People's Alliance, attacked Surayud for lack of achievements and for his unwillingness to root out Thaksin's graft violations.

The Nation

[John K]

And as long as we are talking about how fair Thaksin plays the game.....

AEC will launch a new probe against Thaksin

The Assets Examination Committee (AEC) will open a new investigation to determine whether ousted premier Thaksin Shinawatra has disposed of his Shin Corp shares before taking office in 2001 or made a faux transfer but retained ownership.

"If Thaksin made the faux transfer of shares, he will be penalised under Article 100 of the National Counter Corruption Commission Act," AEC spokesmand Kaewsan Atibhodi said Monday.

The Nation

[John K]

Thaksin facing new jail threat

Ousted PM could be sentenced to 15 years if AEC finds faked transfer of Shin Corp shares

The Assets Examination Committee (AEC) will open a new investigation to determine whether ousted premier Thaksin Shinawatra disposed of his Shin Corp shares before taking office in 2001 or made a "faux transfer" and retained ownership.

"If Thaksin made the faux transfer of shares, he will be penalised under Article 100 of the National Counter Corruption Commission Act," AEC spokesman Kaewsan Atibhodi said yesterday.

If convicted, Thaksin could face a jail term of up to 15 years, he said.

Kaewsan said he saw the new probe as a follow-up to the asset-concealment case in which Thaksin won an acquittal by just one vote in 2001.

The previous case was about stashing his wealth with nominees, while the new case will be about the false reporting of share ownership, as Thaksin might have been the true owner of those shares, he said.

Kaewsan was speaking at a seminar organised by the Thai Journalists Association to shed light on Thaksin's tax liabilities - and his family's - stemming from the sale of Shin Corp last year.

He outlined the saga of Thaksin's wealth dating back to 1992.

Thaksin's telecom giant became a listed company in 1992, prompting the ousted premier to allow half of the company's equity stakes to be traded on the stock market, with the other half held by him and his family. After Thaksin decided to seek the premiership in 2001, he was forced by the graft law to relinquish his shares and those of his wife. He accomplished this by moving the shares to his three children and several nominees.

In the first round of the court battle over alleged asset concealment, Thaksin won an acquittal to keep his premiership. The high court did not address legal issues about possible criminal and graft violations in having nominees hold his shares.

Regarding the shares transfer to Ample Rich Investment, accounting for 11 per cent of Shin equity stakes, Thaksin argued he had transferred the company's ownership to his son and daughter, Panthongtae and Pinthongta.

The Securities and Exchange Commission accepted Thaksin's explanation without checking to verify whether Thaksin or his children had the say on the shares in question.

The AEC would seek to verify the true ownership, which other authorities had omitted to confirm.

Another seminar panellist, Thitiphan Chuaboonchai, said a Supreme Court verdict in 1997 set a clear precedent that Thaksin's two children were liable to pay capital gains tax from the Shin Corp sale linked to their investment firm and Singapore's Temasek Holdings.

Thitiphan, the dean of Chulalongkorn University's law faculty, said the high court ruled that Thai officials of overseas-registered companies were obliged to pay tax for any profitable deals done on the company's behalf - regardless of where the deals took place.

Panthongtae and Pinthongta claimed tax exemptions, arguing their deals with Ample Rich took place abroad. The investment firm sold the shares at Bt1 par value to the two, who resold them to Temasak at Bt49 on the tax-free stock market.

Source The Nation