Are crypto transactions taxed in Thailand?

As with all investments, Crypto transactions are subject to Tax in Thailand. How are Cryptocurrency transactions taxed in Thailand? The Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 introduced 2 subcategories of assessable income under Section 40 (4):

What is crypto tax?

The Indian government introduced a crypto tax regime on February 1, 2022 where a blanket rate of 30% would be applicable on gains from crypto assets or “virtual digital assets" along with 1% tax deducted on the source (TDS) on the transfer of such assets. What are cryptocurrencies?

How much tax do I have to pay on cryptocurrency?

Additionally, any gains made from Cryptocurrency transactions are subject to a 15% Withholding Tax as stated by Section 50 (2) (f) for Thai residents and Section 50 (2) (a) for nonresidents. The 15% WHT paid can be claimed as a tax credit against any PIT payments. However, it is important to note that this is not applied in everyday practice.

How are crypto assets taxed in the Netherlands?

In The Netherlands taxation can seem rather complicated, so let us try to explain. If you hold on to your crypto assets, you fall under "Box 3 – Taxable income from savings and investments".