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Taxes · THA

Taxes in Thailand

Thailand taxes cryptocurrency gains and income as assessable income under the progressive personal income tax system, with rates from 0% to 35% depending on total annual income. A VAT exemption applies to crypto trading on approved exchanges since 2022. There is no separate capital gains tax rate for crypto; all profits are folded into ordinary income.

Income tax

Mining rewards, staking income, and other crypto-derived income are treated as assessable income subject to progressive personal income tax rates of 0–35%. The zero-rate threshold applies to income under THB 150,000 annually.

VAT / GST

Exempt. The Thai Revenue Department exempted cryptocurrency and digital token transfers from 7% VAT effective January 2022 under a Royal Decree, provided transactions occur on approved exchanges.

Capital gains

Capital gains from crypto disposal are taxed as assessable income under personal income tax at progressive rates of 0–35%. Gains are calculated as disposal proceeds minus cost basis. No separate flat capital gains rate exists for crypto.

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Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap