Thailand Tax Authority Waives 7% VAT on Individual Cryptocurrency Investors


Criticism over newly introduced legislation mandating taxes on cryptocurrency transactions has seen Thailand’s tax authority waive a value-added tax (VAT) on individual cryptocurrency adopters. First drafted in mid-March, a governmental decree to fast-tracked legislation that enforced taxes on cryptocurrency-related investments came into effect this week on Monday. In announcing the government’s proposed tax framework for

The post Thailand Tax Authority Waives 7% VAT on Individual Cryptocurrency Investors appeared first on CCN

Posted by Samburaj Das on May 17, 2018 @ https://www.ccn.com/thailand-tax-authority-waives-7-vat-on-individual-cryptocurrency-investors/

Comments are closed.