Thailand cancelled VAT for individual cryptocurrency investors

Thailand cancelled VAT for individual cryptocurrency investors
The Thai Internal Revenue Service announced that it would waive 7% of the value-added tax for individual cryptocurrency investors. Since Monday, the country began to regulate the digital currencies and primary placements of the tokens, which are now under the authority of the Securities and Exchange Commission of Thailand (SEC).

On Monday, the decree on the legal regulation of the cryptocurrency and the ICOs in Thailand came into force. Cryptocurrency transactions are currently subject to income tax both for private companies and for ...
Read more about "Thailand cancelled VAT for individual cryptocurrency investors" on coinatory.com

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