Thursday, February 2

Former Thai SEC Chief Exposes Three Critical Issues With Cryptocurrency Taxes By Cointelegraph

©Reuters. Former Thai SEC Chief Exposes Three Critical Issues With Cryptocurrency Taxes

Tipsuda Thavaramara, a former deputy secretary general of Thailand’s Security and Exchange Commission (SEC), has questioned the legitimacy of crypto taxation in the country.

According to a report by local newspaper The Nation, the former SEC chief’s comments come amid the Thai Department of Revenue’s decision to discuss taxes for cryptocurrency trading.

  • Thai Government to Clear Up Confusion Over Cryptocurrency Taxes

While praising the Department of Revenue’s decision to inform relevant agencies, Thavaramara said: “Whether the policies focus on promoting the trade industry or not, the Department of Revenue must collect taxes fairly under clear rules and practices.”

Read the full article on Cointelegraph

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