On June 17, news reports that the Thai cabinet approved the exemption of personal income tax on profits from the sale of Bitcoin and cryptocurrencies for five years.
Thai Deputy Finance Minister Julapun Amornvivat stated on platform X that under the new policy, from January 1, 2025, to December 31, 2029, capital gains earned by individuals from trading digital assets on platforms regulated by the Thai Securities and Exchange Commission (SEC) will be exempt from personal income tax.
