Thailandreceived from companies that issue tokens for investment purposes. Corporation taxAnd from value added taxagreed to waive.
Thailandaimed at the crypto industry “organization and clarity” He caught his attention with his steps. After these moves, cryptocurrencies, in Thailandhas recently started to gain popularity.
This makes a new move towards popularity. Thailandstated that companies can raise capital through investment tokens in addition to traditional methods such as bonds. Thailandplans to make sacrifices in taxes it receives from companies that issue tokens for investment purposes.
Thailand Appreciates Investment Token Issuance
Thai government spokesperson rachada Dhnadirek, at a press conference with journalists, also touched on his country’s moves towards tokens.
Dhnadirek He stated that companies can raise capital and issue investments with tokens instead of traditional methods such as bonds. who want to be at the center of the digitalized world Thailand has made various initiatives to encourage companies that issue tokens. One of these initiatives has been to waive a few taxes and offer tax breaks.
government spokesperson Dhnadirek, 128 billion baht ( $3.71 billion He stated that he predicts there will be a supply of tokens worth . Of these tokens, which will be offered for investment purposes, the government will collect 35 billion baht ( $1.01 billion) will suffer tax losses. Thailandis giving up a large amount of taxes because it wants to be in the heart of new technologies.