Taxes · 🇹🇭 Thailand
Crypto and tokenized asset taxes in Thailand
Gains from selling crypto through Thai SEC-licensed exchanges, brokers or dealers are exempt from personal income tax from 2025 to 2029; other gains are taxed at 5–35%.
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Crypto
Gains
0% via SEC-licensed providers (1 Jan 2025 – 31 Dec 2029); otherwise progressive 5–35%
Losses
No clear rule found for offsetting crypto losses for individuals; check with the Revenue Department.
Also
The exemption (Ministerial Regulation No. 399, gazetted 5 September 2025) applies only to individuals and only to transfers through a licensed digital asset exchange, broker or dealer. Trades on foreign, decentralised or unlicensed platforms are not covered.
Income and tokenized assets
Staking, lending, yield
Staking rewards, mining and other income from holding crypto are not covered by the 2025–2029 exemption and remain taxable at progressive rates. Profit shares from investment tokens are subject to 15% withholding tax, which can be final for individuals.
Tokenized stocks, bonds, funds
Thailand has a separate category of 'investment tokens' (tokenized real-world projects or assets offered under SEC rules). Profit shares from them carry 15% withholding tax that individuals may treat as final (Royal Decree No. 789, from 1 January 2024). No specific guidance found for foreign tokenized stocks or tracker certificates; gains via foreign platforms fall outside the exemption.
Filing
Tax year
Calendar year; personal income tax return due end of March (online filing usually a few days later)
Reporting
Individuals must still file a return even if gains are exempt. Since 1 January 2024, foreign-sourced income brought into Thailand by tax residents is taxable in the year it is remitted (Instruction Por.161/2566), which can include gains from foreign platforms.
Tax authority
Watch out
- The exemption only covers sales through Thai SEC-licensed platforms.
- Bringing gains from foreign exchanges into Thailand can trigger tax.
- Staking and other rewards are taxable.
- Unless extended, the exemption ends on 31 December 2029.
Sources
- Forvis Mazars – Five-year PIT exemption on digital asset gains · forvismazars.com
- PwC Thailand – Tax News Flash 06/2025 · pwc.com
- Tilleke & Gibbins – Exemption on cryptocurrency capital gains · tilleke.com
- Forvis Mazars – 15% withholding on investment token profits · forvismazars.com
- KPMG – Foreign-sourced income brought into Thailand · kpmg.com
Not confirmed
- Revenue Department / Royal Gazette text of Ministerial Regulation 399 not read directly.
- Rules on offsetting crypto losses for individuals.
- Whether gains from foreign crypto platforms are always treated as foreign-sourced income (secondary sources only).
- Tokenized gold: no specific guidance found.
- Existing summary (29 Oct) is consistent with what was found.
Researched 2026-11-01 for private individuals resident in Thailand. Information, not tax advice — rules change; check the tax authority before you file.