Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free.
The rule came from Thailand’s Revenue Department, which aims to fund its proposed economic stimulus, according to a BangkokPost report. To help stimulate the national economy, Thailand introduced the “digital wallet” scheme last month, which is estimated to cost the taxpayer about 560 billion baht….
Read More: Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?
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