Management of Cryptocurrency Taxes on Binance TH

Binance TH is responsible for collecting and submitting a 7% value-added tax (VAT) for digital asset trading and withdrawal fees incurred on our platform. This VAT is included in the commission fees for digital assets trading, ranging from 0.10% to 0.25%, as well as in the fees for withdrawing digital assets.

Tax invoices/Receipts will be delivered to you, one copy per day per customer, via the email you have registered with us. The system will send the Tax invoices/Receipts only on days when successful transactions (with associated fees) are made on Binance TH platform. If you have not received a tax invoice/receipt or have any queries, please contact customer service through live chat at [https://www.binance.th/en].

Binance TH does not withhold a 15% withholding tax on your behalf. This is because currently Binance TH does not yet have a system to calculate your profits or losses from your transactions for tax withholding purposes. Therefore, it is your responsibility to assess and calculate your income for tax payment. Please gather all necessary documentation to accurately evaluate your income.

You can download your transaction history as instructed in the guide [Here]