Thailand offers tax breaks for companies issuing investment tokens
source link: https://fintechranking.com/2023/03/07/thailand-offers-tax-breaks-for-companies-issuing-investment-tokens/
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Thailand offers tax breaks for companies issuing investment tokens
Thailand’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.
Companies will have access to alternative ways of raising capital through investment tokens in addition to traditional methods like debentures, Rachada Dhnadirek told reporters at a news conference.
Read more: Reuters
Image by Steve Buissinne from Pixabay
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