Thailand exempts cryptocurrency gains from VAT
2024/02/07 17:50
The Bangkok Post reported on Wednesday that Thailand's Ministry of Finance has eased regulations by suspending the requirement to charge 7 per cent VAT on cryptocurrency transactions. According to the report, this VAT exemption policy comes into effect on 1 January 2024 with no deadline. The VAT exemption policy for cryptocurrency transactions also applies to brokers and dealers regulated by the Securities and Exchange Commission.
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