Thai Regulators Asked to Ease New Cryptocurrency Taxes

Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom.
Reformers Seek Changes in New Thai Tax Before it Takes Effect
On March 29, a royal decree was handed down to the Finance Ministry outlining new tax guidelines for the cryptocurrency market as was reported in NewsBTC. These new taxes came in th