According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.

According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.