WebJun 24, 2024 · Thailand was among the first jurisdictions in Asia to issue legislation that specifically addresses cryptocurrencies and digital assets. Having taken effect in May 2024, the Digital Asset Act became the primary piece of legislation to regulate the offering of digital assets and other business activities involving them. WebThailand’s New Crypto Tax Rules Thailand has scrapped its plan to impose a 15% withholding tax on cryptocurrency transactions after facing pushback from the crypto industry. The Thai Revenue Department has also published a manual outlining the new tax rules applicable to cryptocurrencies and digital tokens.
Thailand offers tax breaks for companies issuing investment tokens
WebMar 8, 2024 · Thailand Eases Tax Rules on Digital Assets Until 2024 Crypto traders on government-approved exchanges will be exempt from a 7% … WebJan 10, 2024 · According to the Finance Ministry's announcement, people who gain from cryptocurrency dealings, investors and crypto miners, are liable to a 15% withholding tax on the profits. open thumb drive on macbook
Crypto transfers granted tax exemption - Bangkok Post
Web1 day ago · Suvashree Ghosh. Zipmex’s $100 million VC buyout at greater risk of unraveling. The Thai fund buying struggling crypto exchange Zipmex is seeking to impose a steep haircut on its creditors under a revised buyout proposal. The investor is proposing to pay creditors just 10% to 20% of the amount they are owed, having previously pledged to fully ... WebMar 9, 2024 · Crypto Regulations in Southeast Asia While Thailand is reportedly mulling easing crypto tax regulations in the country, things aren’t as encouraging in the neighboring country India where crypto investors and traders are poised to be hit by a 30 percent flat tax rate on all profits. WebJan 13, 2024 · Earlier this month, Thailand’s revenue department announced that it would be imposing a 15% capital gains tax on crypto trading and mining profits. The government is … ipc review guide