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

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Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report
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Thailand’s crypto traders will have to pay a 15% capital gains tax this year. Amitoj

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.

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