| [Nasdaq] Thailand's Cabinet has approved a series of tax incentives proposed by the Ministry of Finance aimed at boosting the development of the country's capital markets, deputy government spokesman said. Among the incentives, capital gains tax and income tax will be waived for both issuers of and investors in Islamic bonds, or Sukuk. Transaction fees on property transfers under Sukuk schemes will also be waived or charged at the lowest rate. The tax incentives proposal was one of 155 items on the agenda that the Cabinet considered Tuesday during its last meeting before parliament is dissolved. |
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