webfact Posted March 9, 2017 Share Posted March 9, 2017 PM asked to sack the revenue department chief if he allows Shinawatra family off the hook over capital gains tax payment BANGKOK: -- The vice chairman of the anti-corruption panel of the National Reform Steering Assembly urged Prime Minister Prayut Chan-ocha to sack director-general of the Revenue Department if the latter lets the Shinawatra family off the hook from the responsibility to pay capital gains tax over the Shin Corp’s share deal with Singapore’s Temasek Holdings back in 2006. Mr Charnchai Issarasenarak, former Democrat MP of Nakhon Nayok and a member of the NRSA, said Thursday that the Supreme Court’s criminal division for political office holders had ruled on February 26, 2010 that the sale of the Shinawatra family’s stake in Shin Corp to Temasek Holdings through nominees in 2006 worth about 73 billion baht was subjected to capital gains tax. The court ordered former prime minister Thaskin Shinawatra and his two siblings, Mr Panthongtae and Ms Pinthongta, to pay capital gains tax for the share transaction. Charnchai said the court’s ruling meant that the Revenue Department could immediately demand tax payment from the Shinawatra family. Full story: http://englishnews.thaipbs.or.th/pm-asked-sack-revenue-department-chief-allows-shinawatra-family-off-hook-capital-gains-tax-payment/ -- © Copyright Thai PBS 2017-03-10 Link to comment Share on other sites More sharing options...
whatawonderfulday Posted March 9, 2017 Share Posted March 9, 2017 Pathetic to make this public. Illustrates that they are just like children squabbling Link to comment Share on other sites More sharing options...
rkidlad Posted March 9, 2017 Share Posted March 9, 2017 Horrible little children. Like the kid at school who instigates a fight between two other kids because he's too much of a wimp to fight himself. Link to comment Share on other sites More sharing options...
PatOngo Posted March 9, 2017 Share Posted March 9, 2017 What??? No more inactive posts available? Link to comment Share on other sites More sharing options...
mark131v Posted March 9, 2017 Share Posted March 9, 2017 A complete symphony of weak thin skinned persons completely lacking in anything even resembling a backbone or even the most rudimentary grip on common sense, embarrassing but there will probably be some people with the advantage of a decent western education telling us how this is actually a good thing..... Link to comment Share on other sites More sharing options...
colinneil Posted March 9, 2017 Share Posted March 9, 2017 Sack him he wont be bothered about it, his pal in Dubai will see him ok, with some of the money they saved by not paying. Link to comment Share on other sites More sharing options...
newatthis Posted March 10, 2017 Share Posted March 10, 2017 But didn't the Supreme Court also rule in 2010 that the shares belonged to Thaksin and not his children when they ruled to seize his assets. The seizure of those assets also included this tax. Now if that is true, how can the current government claim the children should pay the tax on assets that their father has already paid. Whether we like this family or not,, the issue is applying the law without bias not seeking vendettas. Link to comment Share on other sites More sharing options...
TheFishman1 Posted March 10, 2017 Share Posted March 10, 2017 TIT Link to comment Share on other sites More sharing options...
Lupatria Posted March 10, 2017 Share Posted March 10, 2017 ...like desperadoes waiting for a train. Link to comment Share on other sites More sharing options...
ratcatcher Posted March 10, 2017 Share Posted March 10, 2017 16 minutes ago, Lupatria said: ...like desperadoes waiting for a train. Highwaymen, robbers, politicians.....................all the same........gimme,gimme,gimme. Link to comment Share on other sites More sharing options...
mike324 Posted March 10, 2017 Share Posted March 10, 2017 1 hour ago, newatthis said: But didn't the Supreme Court also rule in 2010 that the shares belonged to Thaksin and not his children when they ruled to seize his assets. The seizure of those assets also included this tax. Now if that is true, how can the current government claim the children should pay the tax on assets that their father has already paid. Whether we like this family or not,, the issue is applying the law without bias not seeking vendettas. Thaksin transfer shares, according to Thai law you don't have to pay tax if it is shares. Its a close case. The law they broke is that they lied about the transaction, not sure what it falls under. But perhaps all they did was mislead the media and no laws were broken too under close scrutiny. Link to comment Share on other sites More sharing options...
ratcatcher Posted March 10, 2017 Share Posted March 10, 2017 Just now, mike324 said: Thaksin transfer shares, according to Thai law you don't have to pay tax if it is shares. Its a close case. The law they broke is that they lied about the transaction, not sure what it falls under. But perhaps all they did was mislead the media and no laws were broken too under close scrutiny. "...lied about the transaction,.............." = mislead the media Link to comment Share on other sites More sharing options...
robblok Posted March 10, 2017 Share Posted March 10, 2017 I don't get it.. if the court ordered them to pay tax.. then its all legal and they have to pay. Why not enforce it (maybe worried about violence). They got a court verdict.. not enforcing it is negligence and causes damages to the country because it loses money. Now if there was no court verdict and it was not clear that they had to pay I can understand that it takes time to investigate and then decide what to do. Link to comment Share on other sites More sharing options...
JAG Posted March 10, 2017 Share Posted March 10, 2017 Is that a glint in your eyes, or just the light reflecting off cash? Link to comment Share on other sites More sharing options...
fruitman Posted March 10, 2017 Share Posted March 10, 2017 3 hours ago, PatOngo said: What??? No more inactive posts available? Nope, now we do it Thailand 4.0 style and they just get sacked on the spot...(like in any other decent country). Link to comment Share on other sites More sharing options...
fruitman Posted March 10, 2017 Share Posted March 10, 2017 2 minutes ago, JAG said: Is that a glint in your eyes, or just the light reflecting off cash? This man has seen the light sir, now it's burned in his specs and he has to follow it no matter if or what. Like a rabbit in a spotlight he'll run into Nirvana. Link to comment Share on other sites More sharing options...
mtls2005 Posted March 10, 2017 Share Posted March 10, 2017 Scorched earth policy towards political enemies and the "wrong" religious sect(s) continues. Why they wait until 3 weeks before the Statue of Limitations will expire is beyond me? But I guess they can Article 44 it to get around that "legality"? Assuming they can delay "elections" until late 2018/early 2019 (and people made fun of those who suggested it might be 2020 before elections were held) they only have 18 - 24 months to get rid of the evil red threat. Link to comment Share on other sites More sharing options...
smedly Posted March 10, 2017 Share Posted March 10, 2017 4 hours ago, whatawonderfulday said: Pathetic to make this public. Illustrates that they are just like children squabbling so you don't think this is of any public interest - a rich convicted criminal not paying taxes ........... really ? Link to comment Share on other sites More sharing options...
robblok Posted March 10, 2017 Share Posted March 10, 2017 40 minutes ago, mtls2005 said: Scorched earth policy towards political enemies and the "wrong" religious sect(s) continues. Why they wait until 3 weeks before the Statue of Limitations will expire is beyond me? But I guess they can Article 44 it to get around that "legality"? Assuming they can delay "elections" until late 2018/early 2019 (and people made fun of those who suggested it might be 2020 before elections were held) they only have 18 - 24 months to get rid of the evil red threat. I think that after the courts ruled they had to pay the PTP came in power and did not enforce the order of the courts (of course not it was against one of their own). After that the junta should have picked it up a lot faster, I really don't understand why someone would not enforce a court decision. Negligence from the PTP and junta. Link to comment Share on other sites More sharing options...
Eric Loh Posted March 10, 2017 Share Posted March 10, 2017 2 hours ago, newatthis said: But didn't the Supreme Court also rule in 2010 that the shares belonged to Thaksin and not his children when they ruled to seize his assets. The seizure of those assets also included this tax. Now if that is true, how can the current government claim the children should pay the tax on assets that their father has already paid. Whether we like this family or not,, the issue is applying the law without bias not seeking vendettas. The 46B Baht confiscation more than cover the tax. Trust the military government then and now to arbitrary seize assets from opponents even without due judiciary diligence. Link to comment Share on other sites More sharing options...
chuang Posted March 10, 2017 Share Posted March 10, 2017 The witch hunt never ends.... Link to comment Share on other sites More sharing options...
exalll Posted March 10, 2017 Share Posted March 10, 2017 "Thaskin Shinawatra and his two siblings, Mr Panthongtae and Ms Pinthongta ... " But ... assuming they really meant "Thaksin" ... they are also his children ... so that means that Mr. T must be a .... Link to comment Share on other sites More sharing options...
elgordo38 Posted March 10, 2017 Share Posted March 10, 2017 4 hours ago, newatthis said: But didn't the Supreme Court also rule in 2010 that the shares belonged to Thaksin and not his children when they ruled to seize his assets. The seizure of those assets also included this tax. Now if that is true, how can the current government claim the children should pay the tax on assets that their father has already paid. Whether we like this family or not,, the issue is applying the law without bias not seeking vendettas. My foot comes down on the side "its a vendetta" This guys future is toast to even entertain the idea. Link to comment Share on other sites More sharing options...
louse1953 Posted March 10, 2017 Share Posted March 10, 2017 2 hours ago, chuang said: The witch hunt never ends.... Good,until he and she are on the stake. Link to comment Share on other sites More sharing options...
Snig27 Posted March 10, 2017 Share Posted March 10, 2017 There is more to this than meets the eye. Reading several offshore reports, T and a certain powerful party are talking and Uncle Too is in danger of being somewhat sidelined. Interesting times but Thaksin's long game is paying off. Link to comment Share on other sites More sharing options...
whatawonderfulday Posted March 10, 2017 Share Posted March 10, 2017 (edited) 5 hours ago, smedly said: so you don't think this is of any public interest - a rich convicted criminal not paying taxes ........... really ? I am surprised you have so many posts with comments like that. If you care to take the trouble to read it in its context, you will understand that it was with respect to the "goings on in house". But clearly establishmentarians like yourself with rose tinted glasses perhaps have no need to read things clearly. Like your friends, the Elite lapdogs, perhaps who have no hope of being elected and are so incompetent at governing as can now been seen,, they remove democratically elected governments by force to ensure they all get their big snouts back in the trough ? Edited March 10, 2017 by whatawonderfulday Link to comment Share on other sites More sharing options...
metisdead Posted March 10, 2017 Share Posted March 10, 2017 An off topic trolling post has been removed. Link to comment Share on other sites More sharing options...
Baerboxer Posted March 10, 2017 Share Posted March 10, 2017 6 hours ago, chuang said: The witch hunt never ends.... Witches were usually someone persecuted because they didn't conform; blamed for something people didn't understand or fitted up because someone wanted their money, land, spouse or whatever. Shins actually have done things which are illegal. They might be being brought to justice whilst others are not but that doesn't make it a witch hunt. Link to comment Share on other sites More sharing options...
Baerboxer Posted March 10, 2017 Share Posted March 10, 2017 1 hour ago, whatawonderfulday said: I am surprised you have so many posts with comments like that. If you care to take the trouble to read it in its context, you will understand that it was with respect to the "goings on in house". But clearly establishmentarians like yourself with rose tinted glasses perhaps have no need to read things clearly. Like your friends, the Elite lapdogs, perhaps who have no hope of being elected and are so incompetent at governing as can now been seen,, they remove democratically elected governments by force to ensure they all get their big snouts back in the trough ? No surprises here. We get many posts, usually from the same few posters, that want to convince us that the Shins are really the people's party trying to bring a better fairer society for all rather than the thieving bunch of corrupt criminals out to suck the country dry. Based on their actions when in power - the Shins certainly ain't remotely interested in democracy, meaningful social reforms, or the truth. But they did get hugely more wealthier during the years PTP were in power, which their egotistical leader couldn't resist bragging about. Link to comment Share on other sites More sharing options...
realenglish1 Posted March 10, 2017 Share Posted March 10, 2017 Our Great Prime Minister wants to save face here but there is not law to collect the tax It has come and gone Link to comment Share on other sites More sharing options...
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