Well, in my case, all of these assets were bought a long time ago, long before 01.01.2024, so it sounds 'ok' regarding local PIT, at least on paper.
I could always transfer and sell them on some local exchange but, main overseas CEXs (Binance/Coinbase/Kraken etc) have much better volume/liquidities/fees/security...
I don't feel very confident about leaving my coins for even a few weeks in here, while swapping for USDT overseas, transferring here and instantly selling for THB on Bitkub sounds stress free, but maybe will I have to sell on local CEX.
Interestingly, most volume on Bitkub & Binance-TH come from USDT/THB trading:
Bitkub:
Binance-TH:
I recently got in touch with a few '''tax accounting firms''' in BKK I've found online and couldn't get a clear answer if I need to register and fill or not with the TRD,
some stating it's not needed to report any crypto sales at all anymore, while most of them were barely aware of recent crypto regulations, not even talking about trading crypto pairs... What a waste of time!
Also in case of audit, how do I proof the origin of funds and assets, simple Excel sheets from foreign CEXs, printed bank statements, would that be enough?
It's a hell of thousands of transactions, pair tradings and swaps...
I still couldn't get any info related to specific taxation of stable coins sales on local CEXs, in theory that's exactly the same as selling any other crypto asset but who really knows?
Also maybe transferring USDT to local CEX, buy BTC to instantly sell would do the trick and reset local cost price...
Maybe yes, maybe not, maybe so, maybe too much of a hassle, maybe just sell directly then? No idea yet...
Does anybody know some solid/reputable Tax Lawyers/Accounting firms dealing with PIT and ideally with crypto/digital assets in BKK?
I'm willing to go for a consultation, seriously...
Thanks 🙏🙏🙏