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Black money tax exemption, would it work in Thailand?


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Posted

I see India is having success with this program as have several other countries. Do you think it would bring in revenue if the Thai government had a similar program or would they find a way to corrupt a system forgiving them for past trangressions?

Posted

Its not an amnesty completly as the taxpayer who owes undeclared / backtaxes and declares such only has to pay about 50% of what he had illegally not paid.

 

The info out of the Panama banking system gave names and amounts so they get to keep about half of what they stole and have a clean slate???

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