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Thailand offers tax breaks for companies issuing investment tokens

Thailand offers tax breaks for companies issuing investment tokens

Thailand’s cabinet has agreed to waive corporate income tax and value-added tax (VAT) for companies that issue investment tokens, Reuters reported.

Announcing the news on March 7, deputy government spokesman Rachada Dhnadirek said that companies will be able to access alternative ways of raising capital through investment tokens in addition to conventional methods like debentures.

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