This is good news for those who are affected.
The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency exchanges.
The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers, not just by those who engaged in a transaction involving digital assets in 2023,” the IRS emphasized.
IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations
Tax filing was a complicated task for me, and I finally did it on the last day. Feeling relaxed and now IT Dept will should complete it soon. #taxation
