Thailand implements 0% capital gains tax on Bitcoin and crypto for five years

Thailand has enacted a five-year capital gains tax exemption on digital asset sales, including Bitcoin, effective from January 1, 2025 through December 31, 2029. The policy applies only to trades conducted on platforms licensed by Thailand’s SEC, while unlicensed or non-compliant transactions remain subject to standard personal income tax rates of up to 35%. The move follows the earlier 2024 waiver of VAT on crypto gains and is intended to position Thailand as a regional crypto hub while aligning digital asset taxation with traditional securities. Market impact is broadly supportive for crypto adoption in Thailand, potentially boosting local trading volumes and investor confidence, though the exemption’s limited duration and reliance on ministerial regulation create policy uncertainty beyond 2029.