Thailand's cabinet has approved draft legislation to impose a financial transactions tax (FTT) on securities trading in the Stock Exchange of Thailand (SET).
Economic analysts at the Center for Data Analysis (CDA) at TheHeritage Foundation found, in a study of a dividend reformproposal similar to President Bush's, that ending the doubletaxation of dividends would improve the nation's economic growth,employment level, and other economic indicators over the next10 years.