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Thai court orders ex-PM Thaksin Shinawatra to pay over 500-million-USD tax bill

The court’s spokesman Suriyan Hongvilai said the Supreme Court overruled an appeals court decision in the tax case, forcing Thaksin to follow the order by the Revenue Department to pay tax.

Hanoi (VNA) – The Supreme Court of Thailand has overturned earlier rulings and ordered the enforcement of tax collection amounting to 17.6 billion THB (over 540 million USD) from former Prime Minister Thaksin Shinawatra, relating to the sale of Shin Corporation shares.

The court’s spokesman Suriyan Hongvilai said the Supreme Court overruled an appeals court decision in the tax case, forcing Thaksin to follow the order by the Revenue Department to pay tax.

Suriyan did not provide the specific sum to be paid nor the court's reasoning for its ruling.

Meanwhile, several Thai media outlets reported that the court ordered Thaksin to pay 17.6 billion THB in tax liabilities and fines.

In 2006, Thaksin was dogged by corruption allegations and mired in controversy over the tax-free sale of shares in his company, Shin Corp. Later that year he was ousted as prime minister in a coup and then went into exile for more than a decade.

Thaksin is currently serving a prison sentence in Bangkok for corruption during his time in office./.

VNA
#tax bill #Thaksin Shinawatra #Thailand #Shin Corporation #shares #corruption Thailand
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