What should I consider when looking for a tax accountant specializing in cryptocurrency laws in Thailand?

Tax Accounting Cryptocurrency Taxation Thailand Tax Laws Visa and Immigration Capital Gains Tax Exemptions on Crypto Earnings

May 21, 2024

6 months ago

Donna *********

ORIGINAL POSTER

I am looking for a tax accountant who deals with cryptocurrency laws in Thailand. Any recommendations are appreciated!

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TLDR : Answer Summary

The question discusses the search for a tax accountant knowledgeable about cryptocurrency laws in Thailand. Comments mention the general taxation rules for cryptocurrency profits, the legality of cryptocurrencies in Thailand, the necessity of having an accountant, and queries regarding capital gains taxation for residents and non-residents. There are also discussions around the potential tax exemptions recently introduced in Thailand.

Alan *********

I thought there was no tax on crypto profits in Thailand?

6 months ago

Donna *********

ORIGINAL POSTER

@Alan ********

these are the type of things I'm trying to confirm

6 months ago

Alan *********

Another I just read focused more on the sales tax being exempt - so maybe you do need an accountants view - sorry ...

6 months ago

Donna *********

ORIGINAL POSTER

@Alan ********

I know, it's confusing isn't it! Many thanks

6 months ago

Reply to

Donna *********

Alan *********

@Donna ********

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*******

/13/thailand-greenlights-income-tax-exemption-for-investment-token-earnings-report/ If I have interpreted this correctly the new exemptions started January 1st this year. used to be taxed.

6 months ago

Reply to

Alan *********

Mike **********

Dubai

6 months ago

Donna *********

ORIGINAL POSTER

I have questions about how capital gains are taxed for residents/non residents and if it's paid in or kept out of country. Also, Google shows varied tax rates so I would like clarity before moving to Thailand

6 months ago

Alan ********

Why do you need an accountant? They will either ask what or take more money off you then you will get if you get any. Nothing to do with visas then?

6 months ago

Oleg ***********

Is it legal in Thailand firstable?

6 months ago

Kool *******

There is no difference from any other business tax wise. Any profit made you pay tax on, and as with any other business you need a paper trail for all profit, and loss, with recorded dates. There are no special rules for crypto.

6 months ago

Reply to

Kool *******

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