SakuraDance
Sat Jun 08 2024
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7 answers
1554
Is Thailand crypto tax free?｜, aiming to position itself as a leading hub for digital assets in Asia. The tax exemption reduces trading costs, stimulating economic growth following challenges like slow exports and COVID-19 impacts on tourism.Thailand exempts cryptocurrency traders from a 7% VAT
Could you please clarify if Thailand has implemented a crypto tax-free policy? It seems that the country is positioning itself as a major hub for digital assets in Asia, and I'm curious about how this tax exemption affects traders. By waiving the 7% VAT, does it significantly reduce trading costs and potentially stimulate economic growth, especially given the challenges like sluggish exports and the COVID-19 impact on tourism?
