Thailand’s Revenue Department says it may pursue bankruptcy proceedings against former Prime Minister Thaksin Shinawatra to recover outstanding tax liabilities totaling 17.6 billion baht (about $538 million). The move follows a Supreme Court ruling that upholds the tax assessment against Thaksin. After the ruling, Thailand’s tax authorities continue collection efforts, with potential bankruptcy as a further legal option if they cannot recover the full amount. Bloomberg reports the department could initiate bankruptcy proceedings if recovery falls short, framing bankruptcy as a contingency tied to the success of enforcement and collection. Free Malaysia Today similarly reports that, after the Supreme Court ruling confirms the assessment, the Revenue Department continues pursuing collection. Both accounts describe the same underlying trigger: the Supreme Court’s decision validating the tax claim and the ongoing attempts to collect the assessed amount. The reports do not detail the specific steps taken to collect so far or any timelines for possible bankruptcy filings, but they indicate the Revenue Department is considering it as a means to secure repayment.