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Search Result for “Cryptocurrencies”

Showing 1 - 10 of 15

SUSTAINABILITY

Thailand Futures Exchange to trade carbon credits, digital assets

News, Wichit Chantanusornsiri, Published on 11/02/2026

» The cabinet has approved a Securities and Exchange Commission (SEC) notification to expand the range of underlying assets allowed in the derivatives market.

BUSINESS

Token market classification planned

Business, Wichit Chantanusornsiri, Published on 13/12/2022

» The Revenue Department plans to issue rules soon that classify types of digital tokens as part of its move to support token market development, says director-general Lavaron Sangsnit.

THAILAND

Lower taxes to encourage investors in digital assets

News, Wichit Chantanusornsiri, Published on 29/01/2022

» The Revenue Department plans to allow investors who trade in digital assets to only pay tax based on their net profit, director-general Ekniti Nitithanprapas said yesterday.

BUSINESS

Arkhom pledges support, but recent rules cast doubt

Business, Wichit Chantanusornsiri, Published on 28/01/2022

» The government wants to support the use of digital assets to build the Thai economy, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

Balancing act in bid to raise revenue

Business, Wichit Chantanusornsiri, Published on 17/01/2022

» The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base.

BUSINESS

Finance Ministry considers methods to expand tax base

Business, Wichit Chantanusornsiri, Published on 13/01/2022

» Taxing profits from cryptocurrency trading and the plan to end the tax waiver on share sales from the local bourse should help to expand the tax base and garner additional revenue for national development, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

Rules for levy on crypto profits imminent

Business, Wichit Chantanusornsiri, Published on 11/01/2022

» Clear criteria for calculating withholding taxes on profits from cryptocurrency and digital asset trading is expected to be issued this month, said Ekniti Nitithanprapas, director general of the Revenue Department.

BUSINESS

Facebook's Libra may qualify for withholding tax

Business, Wichit Chantanusornsiri, Published on 28/06/2019

» Facebook's Libra traders will be liable for a 15% withholding tax if the Securities and Exchange Commission (SEC) identifies the stablecoin as a digital asset, says the head of the Revenue Department.

BUSINESS

Tax relief for digital assets a non-starter

Business, Wichit Chantanusornsiri, Published on 25/04/2018

» The Revenue Department has rebuffed a request by digital asset operators to scrap a tax-collecting agency's plan to impose a 15% withholding tax on capital gains and returns from putting money into such assets.

BUSINESS

ICOs get 30 extra days to inform SEC

Business, Wichit Chantanusornsiri, Published on 29/03/2018

» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.