
Thailand's cabinet has approved a significant tax exemption measure aimed at boosting the country's digital finance sector. The new policy exempts investors from paying income tax on gains made from holding investment tokens, which are already subjected to a "single 15% tax collection" at the source. This move is designed to encourage fundraising through investment tokens by leveraging them as a vital tool for businesses to raise funds. The decision underscores Thailand's recognition of the importance of digital tokens for investment and its intent to use them as another mechanism for business operators in the country to raise funds.
South #Korea Developing Tax System to Avoid #Cryptocurrency Tax Evasion https://t.co/H2CgF5W1je
Thailand's cabinet approved a tax exemption measure for crypto earnings to boost the country's competitive edge in digital finance https://t.co/EdipZSpiXf
🌟 Thailand Approves Tax Exemption for Crypto Investment Tokens Full Story → https://t.co/yDANiuLKI8 Thailand’s government greenlights tax breaks for profits from cryptocurrency investment tokens to promote fundraising via these digital assets.


