Royal Decree No. 779 includes measures: 1) defining a “digital investment token,” used for determining the right of a person to invest in a project or business; 2) providing corporate income tax and VAT exemptions to companies and juristic partnerships on the income or value of the tax base derived from transferring digital investment tokens issued to the public; and 3) requiring that if the tokens are sold to the public, that they be separately characterized from digital …
Source: bloombergtax.com
Latest Posts in "Thailand"
- Thailand Updates Excise Tax and Incentives for Electric Vehicles Under New EV 3.5 Package
- Thailand Confirms No VAT Increase, Maintains 7% Rate Until at Least 2026
- New Government Rules Out VAT Hike, Prioritizes Economic Recovery Over Next Three Years
- Is It Time for Thailand to Raise VAT to 10%? Global and ASEAN Comparisons
- Thai Parties Oppose VAT Hike, Warn of Rising Costs for Households and Small Businesses
