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Bangkok Post – Crypto trading becomes VAT-free in race for digital

Tax removed with immediate effect

A studio shot of representations of various cryptocurrencies. The VAT exemption is effective from Jan 1, 2024 with no expiration date.

The Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading to push Thailand towards becoming a digital asset hub.

Paopoom Rojanasakul, secretary to the finance minister, said the ministry wants to promote digital…

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