The Revenue Department supports fundraising with digital tokens.


Bangkok, Cabinet announces tax measures. Promote fundraising with digital tokens Heading towards the fundraising center of ASEAN. The SEC expects that in 2024 there will be 18,500 million baht of money through Investment Tokens.

Dr. Kulaya Tantitemit, Director-General of the Revenue Department, revealed that the Cabinet meeting approved measures to raise funds with digital tokens for investment (Investment Token) to make Thailand Aiming to become a center for raising additional funds. giving the private sector a choice In raising funds with Investment Tokens in addition to raising funds with traditional tools, the SEC Office estimates that in 2024, there will be 18,500 million baht in fundraising with Investment Tokens as a circulating investment in the national economy.

By specifying that those who have income From the share of profits from holding digital tokens for investment (Investment Token), and the payer has already deducted withholding tax at the rate of 15 percent, can choose not to take the shar
e of profits or other benefits. Come together to calculate personal income tax. Only in the case of not requesting a refund of the tax withheld or not requesting a credit for the tax withheld. whether in whole or in part It has a positive effect on fundraising, investment, and employment in the country. including the expansion of the country’s economy.

Source: Thai News Agency