๐น๐ญ New: Thailand exempts capital gains from crypto from taxes until 2029! ๐
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๐ Major tax exemption:
Thailand has agreed to exempt capital gains from cryptocurrencies from taxes. This applies to profits realized through licensed platforms.
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๐ก Details and objectives of the exemption:
โ Duration: From January 1, 2025, to December 31, 2029.
โ Objective: To enhance Thailand's position as a digital asset hub and attract investments.
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๐ Context of global adoption:
This step adds to Asian initiatives for digital market adoption. The exemption strengthens Thailand's position as an attractive crypto destination.
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โ Do you think this tax exemption in Thailand will accelerate the flow of capital and investment into the crypto market there? ๐ค
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