Govt to exercise caution in trying to collect tax on Thaksin’s 2006 sale of Shin shares: PM
By The Nation

 

 

BANGKOK: -- The government will exercise caution in attempting to collect back taxes on the 2006 sale of Shin Corp shares by former premier Thaksin Shinawatra to Temasek Group of Singapore, Prime Minister Prayut Chan-o-cha said on Tuesday.

 

His statement followed an earlier ruling by a taxation committee in which a further extension of the deadline to impose back taxes on Thaksin was deemed not to be legal after the statute of limitations had already expired.

 

Prayut said the government had to be careful in handling this matter because it could also be held accountable for violating Article 157 of the Criminal Code for negligence of official duty if nothing were done. 

 

However, the government will ensure it strictly follows due process in pursuing the matter, as well as other cases involving former politicians who held public office in the two previous governments of Abhisit Vejjajiva and Yingluck Shinawatra.

 

At least four former politicians were named as those whose tax records are under investigation due to the possession of more assets following their time in public office. 

 

They include Pongsak Rattanapongpaisal, former energy minister; Nuttawut Saikreu, former deputy agriculture minister; Niwattamrong Boonsongpaisal, former deputy premier; and Suchat Chokechaiwattakorn, former deputy transport minister.

 

Source: http://www.nationmultimedia.com/news/national/30309834

 

-- © Copyright The Nation 2017-03-22

Thus a new Thai ritual is born, "The Naming of The Pigs"

1 hour ago, webfact said:

His statement followed an earlier ruling by a taxation committee in which a further extension of the deadline to impose back taxes on Thaksin was deemed not to be legal after the statute of limitations had already expired.

For the sake of public record, they should state what was owed and why.  Interesting how the junta is being careful about this.  Not their usual way of handling things.  Wonder what they are afraid of . 

1 minute ago, yellowboat said:

For the sake of public record, they should state what was owed and why.  Interesting how the junta is being careful about this.  Not their usual way of handling things.  Wonder what they are afraid of . 

They are afraid it might come back to bite them and their Elite supporters in the ass when future extra-judicial tax assessments are levied on them.

2 hours ago, webfact said:

His statement followed an earlier ruling by a taxation committee in which a further extension of the deadline to impose back taxes on Thaksin was deemed not to be legal after the statute of limitations had already expired.

What's a Statute of Limitations' for I may ask?

 

This, a simple exercise in tax collecting become a national farce,

not only who ever was in charge back than neglected to preform their

duties according to the law, now it's getting more complicated by the

day when the government get their panties in a bunch,

if the man owes is obliged to pay taxes under the current laws than

he pays, if not, than just let it be.....

6 hours ago, webfact said:

rayut said the government had to be careful in handling this matter because it could also be held accountable for violating Article 157 of the Criminal Code for negligence of official duty if nothing were done. 

 

Come on general quit conning us you have a get out of jail free card. There is no violation of any criminal code that can come back and bite you in the A..

4 hours ago, maoro2013 said:

What's a Statute of Limitations' for I may ask?

Its a point when legal proceedings can no longer proceed unless you widen the goal posts. 

1 hour ago, elgordo38 said:

Its a point when legal proceedings can no longer proceed unless you widen the goal posts. 

Yes I  do understand that. I  am merely sarcastically making that remark as the government seems to ignore the law at its chosing. 

1 minute ago, maoro2013 said:

Yes I  do understand that. I  am merely sarcastically making that remark as the government seems to ignore the law at its chosing. 

Understandable. 

Section 44? Would bring in billions; partly funding the lovely idea of the submarines ...... 

10 hours ago, sharecropper said:

They are afraid it might come back to bite them and their Elite supporters in the ass when future extra-judicial tax assessments are levied on them.

yeah nothing elite about Thaksin and his cronies hehe. Can't see the forest for the trees.

 

They are just poor policemen and rice farmers that earn billions of dollars.