Director of the Thai Monetary Fund: Clear standards for cryptocurrency income will be decided in January.

2022-1-11 11:41
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Golden Financial announces that Thailand is moving fast with its cryptocurrency tax plan and plans to introduce tax regulations for digital traders soon to learn more about cryptocurrency-related activities. In January 2022, the president of the Ministry of Foreign Affairs of Thailand declared that clear standards for the taxation of cryptocurrency transactions would be achieved. Last week, the Thai Monetary Fund announced that profits from the cryptocurrency business would be subject to a 15% capital tax. According to an article published in the Bangkok Post on January 11, President Prayut Chanocha tasked the tax department to discuss the matter and provide information to traders and investors. Currently, the Thai Monetary Fund has contacted the Bank of Thailand. , Thai Securities and Exchange Commission and Thai Stock Exchange discussed this issue.

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