Overview
- Thailand’s Supreme Court overturned a lower appeals ruling and ordered Thaksin Shinawatra to comply with the Revenue Department’s tax demand.
- The court did not release its reasoning or a figure, while local media reported a liability of 17.6 billion baht in tax and fines.
- The dispute stems from the 2006 sale of Shin Corp to Singapore’s Temasek, a transaction executed without a tax payment that ignited mass protests.
- Tax officials previously revived the case in 2017 with a bill reported at about US$500 million, keeping the issue alive through multiple legal rounds.
- Thaksin is serving a prison sentence for corruption, and the decision follows broader setbacks for his family, including the court-ordered removal of his daughter Paetongtarn as prime minister in August.