Former finance minister Korn insists there is basis to claim tax from Thaksin

Former finance minister Korn Chatikavanich said in his Facebook page on Friday that there was legal basis for the government to demand capital gains tax from the shares deal between Shin Corp and Singapore’s Temasek Holdings.

Citing his debate in the parliament in 2011, Korn said he told the parliament then when the Revenue Department ruled then that it could not claim capital gains tax from Panthongtae and Pinthongta Shinawatra, two children of former prime minister Thaksin, then the tax should be demanded from Thaksin himself as he was the one who was directly involved in the deal.

That is exactly what Prime Minister Prayut Chan-ocha has been doing now, said Korn, adding that the Democrat government then was about to claim tax from Thaksin but the parliament was dissolved rendering his government unable to pursue the case in court.

Meanwhile, former prime minister Yingluck Shinawatra posted in her Facebook page calling on the “power that be” to use its power fairly and equally to all parties alike.

She said she didn’t like to hear the wordings “miracle of law” coined by Deputy Prime Minister Wisanu Krea-ngarm to explain the government’s legal approach to demand taxation from Thaksin.