Thailand relaxes tax rules on digital assets till 2023
Starting April 1, trades of digital assets on government-approved exchanges will be exempt from a 7% value-added tax (VAT)
Category: Blockchain Assets
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Cryptoassets have come under the regulatory spotlight after the Russia-Ukraine conflict followed by sanctions on Russia.
Thailand SEC announces ban of crypto payment starting April 1
Local businesses, however, have until the end of April to comply with the new regulations