{"id":1870027,"date":"2023-03-07T06:56:31","date_gmt":"2023-03-07T11:56:31","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/thailand-offers-tax-breaks-for-companies-issuing-investment-tokens\/"},"modified":"2023-03-07T07:05:29","modified_gmt":"2023-03-07T12:05:29","slug":"thailand-offers-tax-breaks-for-companies-issuing-investment-tokens","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/thailand-offers-tax-breaks-for-companies-issuing-investment-tokens\/","title":{"rendered":"Thailand offers tax breaks for companies issuing investment tokens"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthailand-offers-tax-breaks-for-companies-issuing-investment-tokens%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1870027&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <br \/>\n<?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"entry-content\">\n<p>BANGKOK (Reuters) \u2013     Thailand&#8217;s cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said. <\/p>\n<p>Rachada Dianak, a reporter at the news conference said that companies will be able to access alternative methods of capital raising through investment tokens. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>Rachada stated that 128 billion Baht ($3.71 Billion) in investment token sales will take place over the next two-years. The government also expects that 35 billion baht of tax revenue would be lost. <\/p>\n<p>After the Thailand Securities Exchange Commission started regulating digital assets, cryptocurrencies gained popularity. <\/p>\n<p>In order to encourage the development of crypto-trading, last year&#8217;s tax laws were relaxed by the government. <\/p>\n<p>However, the central bank of the country and other regulators have prohibited the use of digital assets for payments. They fear it may impact financial stability in the country. <\/p>\n<p>Cabinet also approved additional support measures for electric use, and exemptions from import duty for components of electrical vehicles including batteries.  <\/p>\n<p>($1=34.5700 baht)<\/p>\n<\/p>\n<p> (Reporting done by Chayut Setboonsarng &#038; Panarat Thpgumpanat<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/thailand-offers-tax-breaks\/attachment\/file-photo-representations-of-cryptocurrencies-bitcoin-ethereum-and-dogecoin-are-8\/\"><\/a><\/p>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p>&#8220;From <a href=\"https:\/\/www.oann.com\/tech\/thailand-offers-tax-breaks\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=thailand-offers-tax-breaks\">Thailand offers tax breaks for companies issuing investment tokens<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BANGKOK (Reuters) \u2013 Thailand&#8217;s cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said. Rachada Dianak, a reporter at the news conference said that companies will be able to access alternative methods of capital raising through investment tokens. Rachada stated that &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1889839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[6449,6997,9177,9839,4462,8360,20806,20807],"class_list":["post-1870027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-breaks","tag-companies","tag-investment","tag-issuing","tag-offers","tag-tax","tag-thailand","tag-tokens"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1870027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1870027"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1870027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889839"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1870027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1870027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1870027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}