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2025-06-18 13:36:16
in reply to

xyzy on Nostr: Businesses or stores in Thailand that accept Bitcoin as payment do not have to worry ...

Businesses or stores in Thailand that accept Bitcoin as payment do not have to worry about taxes on the cryptocurrency they earn, but they still have to pay income tax according to the normal criteria, just like when receiving payment for goods in Thai baht. In short, "Bitcoin is money", and the recipient will pay income tax as they would normally have to pay anyway.
Author Public Key
npub1p2c9e3c9r7y3cjwhv4f4g6s574r2xkvnvrkhp3lg3vudxl3mpu6s520r2c