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Digital asset trading faces 7% VAT levy
Business, Wichit Chantanusornsiri, Published on 15/03/2018
» Investors who make digital-asset-related trades will be liable for a 7% value-added tax (VAT), on top of the 15% withholding tax on capital gains and returns from such investments, when the new law is enforced.
Regulators to meet for ICO framework
Business, Wichit Chantanusornsiri, Published on 05/03/2018
» The Finance Ministry, the Bank of Thailand, the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office are scheduled to meet on Tuesday to create a clearer regulatory framework to supervise initial coin offerings (ICOs) and cryptocurrencies.