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Paying the Shin Tax

Our Correspondent
Nov 11, 2006
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Paying the Shin Tax
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A few days after his kids sold their stake in Shin Corp tax-free to Singapore investment arm Temasek Holdings for 73.3 billion baht ($1.99 billion), then-Prime Minister Thaksin Shinawatra dismissed critics howling about the deal as "jealous."

"The rule is clear," Thaksin said in late January. "There is no tax on capital gains for share sales conducted th…

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