Jonathan Blaine, DFDL Thailand Tax Director was recently quoted in a Bloomberg International tax article on Thailand’s recent efforts to impose a tax regime on the trading of cryptocurrencies and other virtual assets in the country. The Thai government intends to exempt certain forms of crypto trading from VAT at 7%. Jonathan noted that the exemption of certain trading from VAT would be likely to encourage greater investment in this new sphere, and spur greater local innovation and participation in the nascent crypto and virtual assets sector in Thailand.
Read the Bloomberg International tax article clicking here.
Tax Director, DFDL Thailand