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Thailand considers 0.01% gold transaction tax to combat illicit proceeds

By SectorWire desk ·

Summary

Thailand is considering a 0.01% tax on gold transactions to improve financial transparency and deter laundering of criminal proceeds, including illegal gambling revenue. The Bank of Thailand supports the proposal.

Why it matters

Thailand’s proposed gold transaction tax aims to improve transparency and deter laundering, including proceeds from illegal gambling.

Entity mapappointed atThailandBank of ThailandVitai Ratanakorn
Entities and relations reported in this entry and our coverage.

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