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Value added tax

Thailand removes VAT on digital currency trading: report
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13 February, 2024

Thailand removes VAT on digital currency trading: report

The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers and brokers...
Thailand to waive up to $1B in taxes for investment tokens: report
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11 March, 2023

Thailand to waive up to $1B in taxes for investment tokens: report

Thailand has become a digital asset hub, and in order to promote this growth, the government will waive VAT and...
Russian parliament approves VAT exemption for digital currency issuers
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4 July, 2022

Russian parliament approves VAT exemption for digital currency issuers

The State Duma approved the draft law in the second and third readings but will still need to be approved...
Thailand scraps VAT for digital currency transfers until 2024
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1 June, 2022

Thailand scraps VAT for digital currency transfers until 2024

Authorities in Thailand have formally introduced a seven percent value-added tax exemption for transfers of digital currencies made on government-registered...
Indonesia to impose 0.1% income tax on digital asset gains starting May
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7 April, 2022

Indonesia to impose 0.1% income tax on digital asset gains starting May

The country’s taxman said that transactions will also be charged a value-added tax of 0.1%, way below the 11% charged...
British taxman seizes 3 NFTs for the first time in tax fraud probe
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16 February, 2022

British taxman seizes 3 NFTs for the first time in tax fraud probe

Her Majesty’s Revenue and Customs (HRMC) also seized $6,700 worth of digital assets and arrested three people alleged to have...
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