The Thai Democrats Party is founding a panel to examine the sale of a stake in Shin Corp. PCL by the family of Thaksin Shinawatra, the Prime Minister, to Singapore's Temasek Holdings. A lawmaker from the opposition party, Korn Chatikavanij, said, that the Democrats would create a working committee. It’ll closely look at the questions about taxes that might arise from the transaction, according to the paper. ‘Although the proceeds from the sale of the stocks may not be taxable, we have to look at the whole thing as to whether it has gone through the due process of sound public policy or not,’ said Korn. Thaksin's family sold its 49.6 percent stake in Shin Corp. Monday to the holding firms controlled by Temasek, Singapore's state-owned investment company, for THB73.3 billion in the largest purchase deal in Thailand's history.

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