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Thailand Approves Five-Year Crypto Tax Exemption
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35 Articles
CoinStats - Thailand’s Strategic Crypto Tax Exemption: Ai...
Thailand’s Strategic Move to Attract Global Crypto Investors Thailand has announced a significant policy shift by introducing a five-year exemption on capital gains tax for profits derived from cryptocurrency transactions. This initiative, effective from January 1, 2025, through December 31, 2029, applies exclusively to digital asset sales conducted through platforms licensed by the Thai Securities and Exchange Commission (SEC). Deputy Finance M…
Thailand's Strategic Crypto Tax Exemption: Aiming to Become a Global Digital Asset Hub
Thailand’s Strategic Move to Attract Global Crypto Investors Thailand has announced a significant policy shift by introducing a five-year exemption on capital gains tax for profits derived from cryptocurrency transactions. This initiative, effective from January 1, 2025, through December 31, 2029, applies exclusively to digital asset sales conducted through platforms licensed by the Thai Securities and Exchange Commission (SEC). Deputy Finance M…
Expats in Thailand offered a further tax holiday with bitcoin
Crypto is feared and disliked by many, but could be the most important development since coins were invented. In an ambitious move, the Thai finance ministry has announced that investors – Thai or foreign – will be exempt from paying tax on profits from their crypto gains provided they trade through exchanges or brokers licensed with the Thai Securities and Exchange Commission. The exemption runs from January 1 2025 through to the end of 2029. T…
Thailand Approves Tax-Free Crypto Profits to Attract More Traders
Key Insights: Thailand to exempt crypto capital gains tax from 2025 to 2029. Tourists may soon spend crypto via card-linked platforms. KuCoin launches licensed digital asset exchange in Thailand. Thailand’s Cabinet approved new tax measures to exempt personal income tax on crypto capital gains. The exemption applies only to gains from transactions conducted on platforms licensed by the Securities and Exchange Commission. The policy will take ef…
Good news for Thai crypto investors: they will be exempt from taxes on their capital gains until the end of the year 2029. A new measure by the Ministry of Finance to make Thailand a "global center of digital assets". L的 article Thailand puts an end to the taxation on crypto capital gains for a period of 5 years has appeared first on Cryptoast.
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