Thailand to Tax Overseas Income and Crypto Trading Starting 2024

Thailand to start taxing overseas income, including from crypto, starting 2024
New rule requires declaring any foreign income, even if not remitted to Thailand
Aims to target Thais trading stocks/crypto abroad and those with offshore accounts
Thailand previously tightened rules around crypto lending services
But new PM participated in crypto-friendly firm's $225M raise, so policies could change

cointelegraph.com

Relevant topic timeline:

8/31/2023

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

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New Thailand Govt Turns to Blockchain and Crypto Wallets for National Airdrop

Thailand's newly appointed government plans to distribute a cash handout to citizens using blockchain and crypto wallets, aiming to promote digital finance and reduce income disparities. The move is seen as a warm-up for the deployment of Thailand's central bank digital currency (CBDC) and is expected to add at least 2 trillion baht ($56 billion) to the economy. However, critics have raised concerns about the source of the funds and the potential erosion of privacy and financial freedom.