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cryptonews 2023-09-19 14:53:00

Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?

Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free. The rule came from Thailand’s Revenue Department, which aims to fund its proposed economic stimulus, according to a BangkokPost report. To help stimulate the national economy, Thailand introduced the “digital wallet” scheme last month, which is estimated to cost the taxpayer about 560 billion baht.... Read More: Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?

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