Post
Topic
Board Announcements (Altcoins)
Thailand approves the new Digital Business Act on Cryptocurrencies
by
iWGC
on 23/05/2018, 04:49:13 UTC
News from Thailand:

Business or firms that wish to distribute digital tokens must register their public offering with authorities within 90 days starting from the 14th May 2018.

"Investors who make digital-asset-related trades will be liable for a 7% value-added tax (VAT) payment, on top of the 15% withholding tax on capital gains" (Source - https://www.bangkokpost.com/business/finance/1436159/draft-decree-on-digital-assets-approved)


http://www.sec.or.th/TH/SECInfo/LawsRegulation/Documents/Act_Royal_Enactment/enactment_digital_2561_summary_en.pdf