Economy
Thai Revenue Department Provides Update on Shin Corp Tax Case
The Revenue Department confirms ongoing legal efforts to collect taxes related to the Shin Corp share case, noting a 10-year statute of limitations.
According to a report by Prachachat Business on September 11, 2026, the Thai Revenue Department has provided an update regarding the collection of taxes from former Prime Minister Thaksin Shinawatra in connection with the Shin Corp share case. Somsak Anantawat, Director-General of the Revenue Department, stated that the agency is actively conducting asset investigations and legal inquiries in accordance with established law.
While the department did not disclose specific financial figures, officials emphasized that the process is governed by a 10-year statute of limitations. This legal framework dictates the timeline for the state's pursuit of tax liabilities related to the case.
For residents and expatriates, this update serves as a reminder of the ongoing legal proceedings involving high-profile political and financial figures in Thailand. While these developments are primarily administrative and legal in nature, they reflect the government's continued focus on tax enforcement. It remains to be confirmed how these investigations will conclude and whether any specific assets will be successfully recovered under the current legal timeline. The Revenue Department has not provided further details on the expected duration of these specific investigative steps.
