Thai Ministry of Finance Announces 7% Tax on Crypto Trades; 15% on Returns

Cryptocurrency tax rates for trading and investing have been proposed by Thailand’s Ministry of Finance as part of a larger effort to appropriately regulate and tax the crypto industry within the country. The government has finalized a tax framework that will comprehensively cover all crypto trading and investing practices: crypto trades will be taxed seven percent VAT and returns on investments will be subject to a 15 percent capital gains tax.

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