Thai Revenue Department says no withholding tax on trade in cryptocurrencies

The Revenue Department has agreed to do away with the proposed 15% withholding tax, which was to be imposed on digital asset trades, and to allow losses to be deducted from income earned in the same year by exchange operators under the supervision of the Securities and Exchange Commission, said Revenue Department Director-General Ekniti Nitithanprapas … Continue reading Thai Revenue Department says no withholding tax on trade in cryptocurrencies