Thailand to relax tax rules for digital assets


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BANGKOK, Jan 29 (Reuters): Thailand plans to ease tax rules for investments in digital assets, a finance ministry official said on Friday, following a surge in crytocurrency trading.

The relaxed rules will allow traders to offset annual losses against gains for taxes due on cryptocurrency investments, and exempt certain transactions from the 7% value-added-tax, Ekniti Nitithanprapas, director-general of the ministry's revenue department, told a news conference.

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Thailand , Relax Rules , Digital Assets

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