SsamziegangSerenade
Sat Jun 08 2024
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7 answers
1767
Is crypto taxed in Thailand?｜Thailand has recently approved a series of tax benefits for crypto firms and users, including a value-added tax (VAT) exemption for earnings until 2023 and a $1 billion tax benefit to firms issuing investment tokens. The new exemption applies to investment token earnings starting Jan. 1, 2024.
Does Thailand levy taxes on cryptocurrency transactions? Thailand has recently granted various tax incentives to crypto companies and users. Among these incentives, there's a value-added tax (VAT) exemption for profits until 2023, as well as a tax benefit worth $1 billion for companies issuing investment tokens. However, starting from January 1, 2024, this exemption will only apply to earnings derived from investment tokens. Could you elaborate on the taxation policies for cryptocurrencies in Thailand?
