The criticism is welcome to ask for an investigation into home transactions, according to PM.
PUBLISHED: 25 Mar 2025 at 21: 06
Prime Minister Paetongtarn Shinawatra pushed the opposition to file a complaint with the Revenue Department on Tuesday asking them to stop paying the 218.7 million ringgit estate taxes.
Ms. Paetongtarn told an audience of writers outside parliament that she was unconcerned with the opponent’s prepare to file a complaint with the tax agency and launch an ethics research.
” Go ahead and following the process so that everything is crystal obvious,” she urged. ” As for myself, I have often followed all the rules and restrictions. We welcome any inquiry. I knew when I entered elections that I would face inquiries.
Women’s Party MP Wiroj Lakkhanaadisorn accused Ms. Paetongtarn of avoiding inheritance taxes of 218.7 million baht by  and accepting stocks for 4.43 billion ringgit from family members on Monday.
Bank notes were issued for pay, but Mr. Wiroj inquired as to why they did not specify a payment deadline and were interest-free.
The director-general of the Revenue Department, Pinsai Suraswadi, stated on Tuesday that the Civil and Commercial Code permits promissory notes to describe a repayment period and may or may not contain an interest rate.
However, it must be clearly stated on the word if interest is charged.
The owner is responsible for paying taxes when selling stock on the secondary market. According to Mr. Pinsai, salary is only recognized when a personal income tax is paid when it is paid in full in money.
Tax may get paid when the statement is paid in cash if shares are sold using bank information. In this situation, it is well known that Ms. Paetongtarn may receive a cash payment in 2026, which means that the recipient has factor this income into their 2026 tax calculations when preparing a return in 2027.
The receipt of the bank note does not affect the tax until it is received.
This type of revenue falls under Category 4, which is subject to withholding income at a liberal price and must also be taken into account in the citizen’s general progressive income tax analysis.
Mr. Pinsai emphasized that these revenue laws have been in place since before 1987. He continued,” The division has consistently applied the money rule in all circumstances.”
Mr. Wiroj responded by saying that the government is awaiting more information from the top regarding the note and the tax payment for the upcoming year.
The Revenue Department needs to know whether such deals are commonplace in organization as the top claimed and whether they are legitimate for dealing in anonymity.
He stated that he intends to fully address the problem to the Revenue Department for immediate clarity.