“Tax methods and calculations should be more concise, clear, and easy to understand. Many people I know want to pay taxes, but don’t know how to calculate them,” Akalarp said.
The newly released report comes amid the Thai governments’ plans to set “red lines” for crypto in 2022. For instance, Bank of Thailand governor Sethaput Suthiwartnarueput announced in mid-December that the central bank is planning to release new regulations regarding the crypto industry earlier in 2022.
CoinTelegraph previously reported that financial authorities in Thailand have been bullish on legislation to collect a 15% capital gains tax on crypto since March 2018.
