Dossier
Thai Revenue Department
Coverage of Thai Revenue Department in the Nexus archive.
- Transferring cryptocurrency from a foreign exchange to a Thai exchange;Is it taxable?
A tax resident of Thailand is questioning whether transferring cryptocurrency from a foreign exchange to a Thai exchange is subject to Thai income tax. The individual is seeking clarification on if moving crypto between wallets triggers tax liability. They are also concerned about proving the source of funds used to purchase the cryptocurrency.