Requirement of B50m in account for casino entry removed

Requirement of B50m in account for casino entry removed

redrafted act is anticipated to be introduced for this legislative session.

Deputy Finance Minister Julapun Amornvivat. (Photo: Nutthawat Wichieanbut)
Julapun Amornvivat, assistant finance minister. ( Photo: Nutthawat Wichieanbut )

Thais no longer need to show they have at least$ 50 million in a fixed deposit when it is required to do so under the Entertainment Complex Bill.

The requirement to file three-year income tax returns has taken its place.

The Council of State, the government’s legal expert system, has been reviewing the document Entertainment Complex Bill’s Part 65.

The document has now been reviewed by the government, according to Deputy Prime Minister and Finance Minister Pichai Chunhavajira, and changes have been suggested to meet its goals, including taking comments from the public.

The updated draft regulations had been approved by Deputy Prime Minister Anutin Charnivirakul and sent to the government committee on February 28, but it would not be on the government plan for this week, according to Mr. Pichai.

He claimed that the preparation for presenting the expenses to the case may take about two weeks.

The requirement for Thais to submit three-years of tax returns has been replaced by the condition that Thais may have done so, according to deputy finance minister Julapun Amornvivat, which has been confirmed.

He claimed that the casino entrance fee remained at$ 5,000.

The Ministry has reviewed the information and determined that there are only 10, 000 Thai accounts with at least 50 million ringgit. Therefore, the former condition would encourage people to bargain abroad, which might be against the law, according to Mr. Chunlapun. The government and the Council of State have come to terms with this modification.

He stated that the government may be given the draft bill’s approval as soon as possible. He anticipated that this would occur during the latest legislative session.

The Dharma Army, the Centre of Citizens for the Protection of the Monarchy, the Network of Students and People for Thailand’s Reform, and the Network of People for the Reformation of Thailand gathered near the Bangkok federal building on Monday.

They wrote to the prime minister to object to the legislation’s section in a letter. They claimed that it would harm the people, the nation, and the fundamental rules of all faiths.