Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report

15% capital gains taxExchanges will be exempt, but not retail investors or mining operators, according to the newspaper, which cited an unidentified person at the Finance Ministry.

The Revenue Department plans to strengthen its surveillance of cryptocurrency trading after it experienced significant growth in market size and the value of the digital asset market in 2021, according to the report.of the Royal Decree amending Revenue Code No.19, the department can consider profits from cryptocurrency trading as taxable income.

amitoj They want to discourage people from doing anything crypto related. Governments and banks hate the idea of crypto.

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amitoj That's mean the country are slowly approve the crypto as a legal comodity.

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