Thailand, a country that has previously been known for its crypto-friendly policies, is planning to tax the foreign income of crypto traders to fund its economic stimulus measures, which include a nationwide airdrop. The newly appointed government is scrambling to find ways to pay for its planned economic stimulus measures. On September 19, the Bangkok Post reported that the Thai Revenue Department is targeting overseas income, specifically mentioning cryptocurrency traders. According to the new ruling, those who earn overseas income from work or assets will be subject to personal income tax. The proposed new tax would target Thais and foreign nationals living.
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