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Thaksin Testifies to Protect Assets in 17.6bil-Baht Tax Case

Thaksin’s lawyers say the freeze covers 90 million baht in bank deposits, five vehicles and land as he fights the tax claim.

  • On Wednesday, former Prime Minister Thaksin Shinawatra testified at the Central Tax Court in Bangkok to block the Revenue Department from seizing his assets to collect a 17.6 billion baht tax bill linked to his 2006 Shin Corp share sale.
  • Thaksin's legal team argues the tax claim concerns income that formed part of approximately 46 billion baht from the Shin Corp sale already transferred to the state under an earlier Supreme Court ruling.
  • Lawyer Winyat Chatmontree invoked the "fruit of the poisonous tree" argument against coup-era processes; the Revenue Department has frozen approximately 90 million baht in deposits and issued seizure orders covering five vehicles, including two bulletproof cars.
  • Thaksin told the court "I am not sure if someone intends to harm me" regarding seizure of his bulletproof vehicles; the Central Tax Court scheduled its ruling on his interim application for November 16, 2026.
  • The Shinawatra clan has long been a key foe of Thailand's pro-military elite, facing decades of legal setbacks including the court-ordered removal of Paetongtarn as prime minister in August 2025.
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Thaksin has arrived at the Central Tax Court for a hearing on his request for a temporary injunction in the case against the Revenue Department for allegedly seizing assets due to double taxation amounting to 15 billion baht.

(Dan Tri Newspaper) - Thai authorities have seized or frozen several assets of former Prime Minister Thaksin Shinawatra, including two bulletproof vehicles, in order to recover tax debts.

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thairath.co.th broke the news on Wednesday, October 7, 2026.
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