Waiver approved by cabinet will expand options for companies seeking investment funds
The cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said.
Companies will have access to alternative ways of raising capital through investment tokens in addition to traditional methods like debentures, Rachada Dhnadirek told reporters.
The government estimates that there will be 128 billion baht worth of investment token offerings over the next two years, Ms Rachada said, and that the tax waivers…
