Korn says he tried to collect Thaksin taxes
By The Nation

 

BANGKOK: -- Former finance minister Korn Chatikavanij has defended himself for the failure to collect more than Bt10 billion in taxes from ex-prime minister Thaksin Shinawatra a decade ago.

 

In response to the controversy, the public has pointed the finger at several former finance ministers and senior tax officials who allegedly failed to act on Thaksin’s tax liability of more than Bt10 billion arising from sale of Shin Corp’s shares in 2006.

 

Korn told The Nation on Thursday he had done his best to ensure the tax collection before the legal deadline ended at the end of March 2012.

 

“When I was minister I ordered the head of the Revenue Department to collect income tax from Thaksin and when I was an opposition MP I warned the Revenue Department about the approaching expiration of the tax assessment’s deadline,” he said.

 

Source: http://www.nationmultimedia.com/news/national/30309266

 

-- © Copyright The Nation 2017-03-16

When I was minister I ordered 

 

Klassic deflection from this klown.

7 minutes ago, mtls2005 said:

When I was minister I ordered 

 

Klassic deflection from this klown.

To be fair, he also 'warned' them the deadline was approaching. We can't expect too much of the man in charge of making sure the taxes were collected. That's the responsibility of the lowest level grunts. The buck stops with them, apparently. 

I "ordered" my maid recently to clean the windows, and then I "warned" her again that I needed them clean by the approaching weekend. When the windows were still dirty on Friday, I said: "If they're not clean by today, you won't need to come in tomorrow - or ever again." They were glistening barely two hours later.

 

Does Mr. Korn employ a maid, too, and are his windows still dirty, I wonder. 

...I knocked at the door of is mansion in Dubai to collect the tax, but the maid said the master is not at home.

2 hours ago, mtls2005 said:

When I was minister I ordered 

 

Klassic deflection from this klown.

I have to defend Korn, he is one of the smarter politicians working for the good of the country. There is only so much he can do as a minister, he raised red flags many times. The ultimate blame lies in the bureau that handles and prosecutes these criminals.

I am sure he kept a detailed written account of the effort he put into collecting the tax owed, memo sent to others, phone calls to those who owe the tax, etc.

The real decider is how many '' this is your last chance to appear /respond'' is on record , but who signed all of these orders? 40 billion here, 400+ billion there, owed  in tax and for a corrupt rice scam, quite a debt balance to be owed by what some consider, one of Thailands upstanding honest families.

I wonder if they would consider paying the money owed in cash? (baht or foreign currency)

To be fair , nobody likes to wake up dead in the morning or just disappear, not even the Hi-So................................

6 hours ago, mtls2005 said:

When I was minister I ordered 

 

Klassic deflection from this klown.

 

The winner of 2 international prestigious country economic management awards during turbulent economy times across the whole world, but in your view he's a clown / klown.

 

Next...

Korn is far from being a klown, he is one of the smartest people around and I am not just talking about Thailand. He was born in London, was head boy at Winchester College, attended St Johns College, Oxford and has an outstanding business and political track record so for this idiot to term him a klown is pathetic.

There's no disputing Korn's patrician lineage, birth, upbringing, education and investment banking successes. Or that he has been a core member of the Democratic Party's leadership.

 

And there is no doubt he is one of Thailand's best and brightest. 

 

Maybe I expect too much from him? Given where Thailand is today I have to ask how much his contributions have helped? If someone like him can't lead Thailand forward can anyone?

 

He does like to preach, lecture, direct, like many privileged Thais, but how many of those types does Thailand ultimately need?

 

In this particular case he appears to be covering his back-side, and I have to ask how that helps anyone?

 

"Klown" was inappropriate, I take that back.

 

 

this is an issue... but not just with Thaksin. 

for instance, in the case that (even though not strictly involved here) anyone who uses a non Thai bank or broker to buy or sell Thai securities.. of any kind.... automatically and without for the asking the securities are registered in Thailand at the TSD in the name of a nominee.

the overseas bank or broker even go the extent of using a intermediary in between the Thai broker making the execution.. and the overseas holding company.. so that no one has the actual name of the beneficial shareholder or bond holder to disclose even "accidentally" somehow. 

totally secret. bank rules. except we're talking publicly traded securities that otherwise if you are in Thailand you have no secrecy at all. zero, unless you game it somehow, I have to guess. that's way above my pay grade.

  
why nominees all the time? well, it ain't because it's too much paperwork anymore to track and update this information... in the year 2017 the banks, and markets, are quite electronically developed.  and light speed is light speed. 

but they still uses nominees 100% of the time. someone would think if nominees are so pervasive... why can't I use them too? well.... now we seem to have an exception. but it still holds, and probably will we can guess, that it will follow as it always does the fact that the elites rarely go along with such exceptions because none of them can be sure in their own myriad relationships of all kinds.. so this is a real exception play. no matter how you "feel" or think about the particular folks involved.

 

 

Edited March 17, 20179 yr by maewang99

Like all politicians in Thailand, Korn is still answerable to many corruptions during his tenure like the fire sales of post Tom Yam Kung financial crisis and the "Strong Thailand" projects that dwarfed Yingluck rice fiasco in terms of financial outlays. Just that he is on the 'right' political side, he will never be investigated and made him looks "clean". I have much reservation of that claim. 

Apologies to mtls2005, I should not have called you an idiot,you are clearly not.

Wasn't all this before the courts or ended up in the courts. Hard to collect what is being challenged or when someone doesn't send the cheque?

On 3/16/2017 at 1:34 PM, mtls2005 said:

When I was minister I ordered 

 

Klassic deflection from this klown.