Thailand will implement a five-year tax exemption on capital gains from cryptocurrency trades executed via licensed platforms from January 1, 2025, to December 31, 2029. Announced by Deputy Finance Minister Julapun Amornvivat, the measure aims to enhance Thailand's position as a digital asset hub, stimulate capital inflow, and promote transparent growth. The tax exemption applies exclusively to operators regulated by the Thai SEC. Officials expect this move to generate over 1 billion baht in indirect tax revenue and align with international standards, while a possible VAT on digital assets is also being explored.
The Cabinet approved a five-year crypto tax exemption to promote Thailand as a global digital asset hub.
The capital gain tax exemption will be for the sale of digital assets made through operators regulated by the Securities and Exchange Commission.
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