Thailand Approves Five Year Bitcoin And Crypto Tax Break

Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025, through December 31, 2029.

Deputy Finance Minister Julapun Amornvivat announced the measure, calling it a move to increase investment, stimulate economic activity, and drive long term growth.

Amornvivat stated, “The Cabinet approved a five-year crypto tax exemption to promote Thailand as a global digital asset hub.” 

According to the Ministry of Finance, the policy is designed to strengthen Thailand’s competitiveness in the global digital economy. It targets transparent…

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