- Royal Decree No. 788 in Thailand exempts VAT on transfers of cryptocurrencies and digital tokens
- The exemption applies to transfers within digital asset trading centers, transactions through digital asset brokers, and transfers to digital asset traders
- “Utilization digital tokens” are defined as tokens that grant the right to obtain goods, services, or other specified entitlements
- The decree came into effect on September 25
Source: globalvatcompliance
Click on the logo to visit the website
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.
Latest Posts in "Thailand"
- Thai Parties Oppose VAT Hike, Warn of Rising Costs for Households and Small Businesses
- Political Parties Unite Against Proposed VAT Hike Ahead of 2026 Thai Election
- Thailand to Impose VAT and Duties on All Online Imported Goods from 2026, Ending Low-Value Exemption
- Thailand Mulls Higher, Uniform Import Duty on Low-Value Goods to Boost Fair Competition
- Thailand to End Duty Exemption for Low-Value Imports from January 2026
