How is crypto taxed in Thailand?

The rules in detail

Thailand taxes individuals on assessable income under the Revenue Code, administered by the Revenue Department. As of June 2026 gains and income from digital assets are in principle assessable, and Thailand operates a progressive personal income tax with rates that reach 35 percent at the top band.

The headline relief is a capital gains exemption. Under Ministerial Regulation No. 399 (B.E. 2568), capital gains realised by an individual from selling cryptocurrency or digital tokens are exempt from personal income tax, provided the disposal is made through a digital asset operator licensed and supervised by the SEC, such as an exchange, broker, or dealer. As of June 2026 the exemption runs from 1 January 2025 to 31 December 2029. Gains realised outside licensed Thai operators, for example on a foreign platform or a peer to peer trade, generally do not qualify and may be assessable.

Trading is also exempt from value added tax. As of June 2026 the VAT exemption on the transfer of digital assets through SEC licensed operators applies, continuing relief that took effect from 1 January 2024. This removes the 7 percent VAT that would otherwise complicate frequent trading.

The exemption is specific to capital gains. As of June 2026 other forms of crypto income, including staking rewards, mining income, lending returns, airdrops, and income from a crypto business, are not covered and may be treated as assessable income under the general rules, unless the Revenue Department issues further guidance. Thailand has also been moving toward the international crypto asset reporting framework, so licensed operators are expected to report user data, and the exemption does not remove the duty to keep records.

Tax

Regulator and sources

The tax authority is the Revenue Department of Thailand. The Securities and Exchange Commission, Thailand (SEC) licenses the operators whose use determines whether the exemption applies.

• Ministerial Regulation No. 399 (B.E. 2568), on the personal income tax exemption for digital asset capital gains, 2025.
• Royal Decree exempting the transfer of digital assets through licensed operators from value added tax, effective 1 January 2024.
• Revenue Department of Thailand, Revenue Code provisions on assessable income.
• Forvis Mazars and Nishimura and Asahi, published analyses of the Thai digital asset tax exemption, 2025.

Frequently asked questions

Do you pay tax on crypto in Thailand?

Crypto profits are generally assessable income, but as of June 2026 a temporary exemption removes personal income tax on capital gains from disposals through SEC licensed Thai operators, for 2025 to 2029. Other income such as staking and mining can still be taxable.

How long does the Thailand crypto tax exemption last?

Under Ministerial Regulation No. 399, the personal income tax exemption on qualifying capital gains runs from 1 January 2025 to 31 December 2029. Confirm the current position with the Revenue Department before filing.

Does the exemption cover trading on foreign exchanges?

Generally no. As of June 2026 the exemption applies to disposals through digital asset operators licensed by the Thai SEC. Gains on foreign platforms or peer to peer trades may fall outside it and be assessable.

Is crypto trading subject to VAT in Thailand?

No. As of June 2026 the transfer of digital assets through SEC licensed operators is exempt from value added tax, continuing relief in effect since 1 January 2024.

Are staking and mining rewards tax free in Thailand?

No. The exemption covers capital gains only. As of June 2026 staking rewards, mining income, and airdrops are not covered and may be treated as assessable income. Verify with the Revenue Department.