The cabinet today approved the principle of tax measures to promote capital raising through digital investment tokens, as proposed by the Ministry of Finance.
The key point is the exemption of income tax from profits made from tokens (dividends). If the tax is paid at the source (15%), there should be no request for tax refunds or tax credits that have been deducted. This will take effect from January 1, 2567 (this year) onwards.
Initially, the Ministry of Finance estimates that this measure will result in a loss of approximately 50 million baht in personal income tax revenue per year. However, they believe that this measure will provide entrepreneurs with an alternative way to raise capital through digital investment tokens, in addition to traditional methods such as debt or equity securities.
The BOT and SET predict that in 2567, there will be a capital raising through digital investment tokens of up to 18.5 billion baht.
Source: Thai Government
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TLDR: The Thai government has approved tax measures to promote capital raising through digital investment tokens, exempting income tax from token profits and encouraging innovative fundraising methods.
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