Thailand Waives Crypto Capital Gains Tax on Licensed Platforms
Thailand Waives Crypto Capital Gains Tax on Licensed Platforms
What Happens After 2029?
The exemption is scheduled to run only through December 31, 2029. After that date, the law will need review or renewal, according to the primary reporting on the measure.
Some analysts expect the policy to draw local and international interest to Thailand's licensed exchanges. For traders and businesses considering the framework over the longer term, the scheduled end date remains a central consideration.
Whatever is decided for post-2029, this move signals a huge boost to crypto adoption in Southeast Asia, with Thailand looking to cement itself as a major player in the digital asset space with its no capital gains tax ruling.
This article has been published in 99bitcoins.com via Yahoo News.
Thailand Waives Crypto Capital Gains Tax on Licensed Platforms
In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains from cryptocurrency trades conducted through Securities and Exchange Commission of Thailand-licensed exchanges, brokers, and dealers. Published in the Royal Gazette under...
finance.yahoo.com
