Page 5 of 5 FirstFirst 12345
Results 101 to 102 of 102
  1. #101
    I am in Jail

    Join Date
    Feb 2011
    Last Online
    22-10-2013 @ 04:29 PM
    Posts
    2,799
    Quote Originally Posted by StrontiumDog View Post
    Thai-ASEAN News Network



    Revenue Department Cheif Avoids Questions Over Tax Return to Shinawatra Family

    UPDATE : 7 September 2011

    The revenue department's chief bolted when the press questioned him on his decision not to appeal the court order for a tax return to the children of ousted Premier Thaksin Shinawatra.

    Director-General of the Revenue Department Sathit Rangkhasri rushed to the exit after yesterday's press conference on the RD Giving Art Award.

    Sathit's escape came when he saw a throng of press members waiting for his explanation over his department's decision to give up its appeal against a court order to return 12 billion baht in taxes to Panthongthae and Pinthongtha Shinawatra, children of fugitive former Prime Minister Thaksin Shinawatra.


    The assets were frozen after the two were orginally found to have been guilty of tax evasion in the sales of Shin Crop shares in 2006.

    The Shinawatra family later proved that the children did not own the shares, so were not liable for the tax evasion.

    Sathit previously pledged to provide the details of the planned tax return and the department's policies after September 2.

    The department still has not released an explanation of its decision to the Office of the Auditor General or OAG.

    The OAG demanded the department to elaborate on its reason not to petition the court's ruling, and which party must be responsible for the damage resulting from the decision.
    Great piece of biased reporting by the very yellow TAN. But they did include this "The Shinawatra family later proved that the children did not own the shares, so were not liable for the tax evasion. "
    ".

    Why would anyone not be given tax return. Now, tax return is something that you already pay in taxes and might get back later on, if you have paid too much.

  2. #102
    Tax Consultant
    Thormaturge's Avatar
    Join Date
    Jul 2007
    Last Online
    @
    Location
    Bangkok
    Posts
    9,890
    Forget the biased reporting, I just get tired of the misuse of the term "tax return"

    When money is handed back to someone by the government it is a tax refund

    In order to determine whether you are paying the correct taxes governments send you a form which you complete and return to the government. Hence the form is a tax return.
    I see fish. They are everywhere. They don't know they are fish.

Page 5 of 5 FirstFirst 12345

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •