8 Search Results for royal decree

  • Thailand
    Blockchain

    Thailand Government to Use Blockchain to Tackle Tax Avoidance

    The government of Thailand has announced plans to adopt distributed ledger technology to fight tax avoidance. Director-general Ekniti Nitithanprapas said the Revenue Department intends to use blockchain to verify whether taxes were paid correctly and to speed up the tax refund process. Thai Government Announces Plan to Use Blockchain...

    Ricardo Esteves | November 6, 2018 | 12:00 am
  • thailand crypto
    ICO

    Fifty ICO Projects Already Seeking Licenses from Thai SEC

    Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect last month. Of the 50 Interested in Licenses, Three Have Applied Already Since the...

    Rick D. | August 9, 2018 | 4:30 pm
  • Exchange
    Technology

    Thai Securities Firms Mull the Possibility of Joint Crypto Exchange

    Thailand’s Association of Securities Companies (ASCO) are considering creating a joint cryptocurrency exchange. The group of securities companies are hoping to receive a license from the Thai Securities and Exchange Commission (SEC). Recent Royal Decree Opens Up Thai Crypto Industry ASCO’s chairperson, Pattera Dilokrungthirapop, spoke to local Thai...

    Rick D. | July 2, 2018 | 8:00 pm
  • thailand
    Industry

    Thai Regulators Asked to Ease New Cryptocurrency Taxes

    Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom. Reformers Seek Changes in New Thai Tax Before it Takes Effect On March 29,...

    John McMahon | April 17, 2018 | 5:00 am
  • Industry

    New Taxes Could Spell End of Cryptocurrency Trading in Thailand

    Thailands new Royal Decree on regulating the transactions of digital assets was passed on March 27, granting potential ICOs an additional 30 days to inform the SEC of their plans while raising the capital gains tax and adding 7% VAT to all digital trades. Thai Crypto Traders Face...

    John McMahon | March 29, 2018 | 3:29 am
  • Thailand
    Industry

    Thailand Proposes New Cryptocurrency Gains Tax

    Thailand’s cabinet is set to vote on implementation of a new 10% capital gains tax on profits from cryptocurrency investment. Royal Decree will empower the SEC to regulate digital currencies. New Tax Part of Royal Decree The Thai Revenue Department has asked the cabinet to vote on an...

    John McMahon | March 13, 2018 | 6:30 am

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