Thailand bitcoin VAT exempt
- May 17, 2018 | Richard Asquith
Thailand has made digital currencies, such as bitcoin, VAT exempt.
This recognises the cryptocurrency as a 'private money' instead of a commodity with its own intrinsic value. This follows the treatment in the European Union and much of the rest of the world. Trading will though remain subject to capital gains or corporate income tax.
At the same time, Thailand announced the Thailand's SEC will regulate the virtual currencies.
Thailand VAT news
Total results : 4
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/apac/thailand,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/thailand
Jan-11-2023
Union vs non-Union OSS: what’s the difference?
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/apac/thailand,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/thailand
Nov-8-2022
UK VAT Guide - Avalara
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/apac/thailand,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/thailand
Jul-4-2022
North America Country VAT Guide - Avalara
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara