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Tax cases continue

Sanit Rangnoi, director-general of the Revenue Department, said yesterday the tax evasion case against the children of former premier Thaksin Shinawatra would be concluded in the term of this government.

Published on September 19, 2007



He said Pinthongtha and Panthongthae submitted a petition to the Revenue Department last week after the department sent them a notice to pay personal income tax worth Bt11.3 billion.

Along with the petition, the two had to pledge their property or money equal to the overdue taxes, he said. The two are accused of evading tax on capital gains made by buying Shin Corp shares from Ample Rich Investment Ltd and then reselling them to Singapore's Temasek Holdings early last year.

Wichit Chaitrong, The Nation


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