- Thai cabinet approved draft royal decree for VAT exemption on digital asset transfers
- Effective retroactively from 1 January 2024
- Exemption applies to transfers through exchange platforms, brokers, and dealers
- Transfers must be in accordance with the law on digital asset businesses
- Decree must be published in government gazette to become effective
Source: www2.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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