All by tag: Taxation

The decision came amid a warning from Thailand’s crypto community

The authorities are also considering a 15% tax on digital asset trading.

If the bill is passed, the miners, dealers, and investors may suffer

The country's Revenue Department is already in talks with the Central Bank, the Securities and Exchange Commission, and the Stock Exchange of Thailand

The Indiatech association called on the authorities to amend the existing tax legislation

The government has advised traders to “accurately” report their income when filing their tax returns

Other cryptocurrency platforms will also be investigated

The regulator sees them as a threat to financial stability in the country because of the rise in the number of virtual asset transactions

According to the local media reports, the representatives of the South Korean tax agency visited the company without explanation

Amid growing criticism from traders, the country will only introduce a tax on cryptocurrency from next year

Under the new bill, all licensed exchanges will be required to pay a 2% tax on digital services

The head of the exchange noted that the country is attractive with a small tax rate