Crypto Tax in Thailand: What Traders Need to Know (2025 FAQ)
August 6, 2025
Crypto Tax in Thailand: 2025 FAQ for Traders
Curious about how tax on crypto in Thailand really works? You’re not alone. The Revenue Department’s stance has gotten clearer over the years—but enforcement? That’s another story. Whether you’re trading casually or earning full-time, here’s a no-fluff FAQ to help you make sense of the current rules in 2025.
1. Is there tax on crypto in Thailand in 2025?
Yes—crypto is taxable in Thailand. The Revenue Department treats crypto income much like stock profits or freelance earnings. If you’re making money from crypto, you’re technically expected to report and pay tax on it.
Credit from : Business News Trading
2. What types of crypto activity are taxed?
Pretty much anything that earns you crypto income could be taxable. Here’s what counts:
- Profits from trading (capital gains)
- Staking rewards
- Mining income
- NFT sales
- Airdrops (if they carry value)
Even token swaps might be considered taxable events, depending on how they’re interpreted. Some legal experts say swapping isn’t a realized gain until fiat is involved, but Thailand hasn’t been 100% clear—so it’s a gray area.
3. What’s the actual tax rate?
There are two main types of tax that may apply:
- Personal income tax – Progressive rates from 5% to 35%, depending on your total yearly income.
- Withholding tax (15%) – Mostly applies to profits made on foreign platforms or income classified under “miscellaneous services.”
If you’re trading through a licensed Thai exchange (like Bitkub or Binance TH), you might avoid the 15% withholding—but that doesn’t exempt you from filing personal income tax.
4. Do I have to declare crypto gains if I made just a little profit?
Technically, yes. Thailand doesn’t have a “tax-free threshold” specific to crypto. Even small profits are supposed to be declared—though in reality, many traders don’t report micro-gains. That said, the law still applies, whether enforcement is strong or not.
5. How does the Thai Revenue Department track crypto activity?
Starting in 2022, Thai-licensed exchanges have been required to cooperate with the Revenue Department. This means platforms like Bitkub can share trading data with tax authorities.
If you’re using decentralized platforms or storing assets in cold wallets, you’re harder to track—but that doesn’t make it legal to avoid tax. And yes, banks are beginning to flag large crypto-related inflows.
6. Are there any legal loopholes or exemptions?
A few, but they’re limited:
- Crypto traded on registered Thai exchanges may be exempt from the 15% withholding tax—but not from personal income tax.
- Long-term holding benefits? Not clearly defined in Thai tax law yet.
- Corporate structures might offer some tax advantages, but that’s a complex setup and not ideal for casual traders.
Bottom line: don’t expect to avoid all taxes legally without good accounting advice.
7. What if I trade using foreign or offshore platforms?
You’re still expected to report those gains. Sure, enforcement is weaker here, but authorities are tightening the net. Foreign exchanges, especially those with KYC, may share data with global tax regulators under new frameworks like the OECD’s Crypto-Asset Reporting Framework (CARF), which Thailand is paying attention to.
8. Are most Thai crypto traders actually paying tax in 2025?
Not all of them—but the number is growing. Many casual traders still don’t declare profits, especially those under the radar or using untraceable wallets. But with stricter oversight from banks and exchanges, the mindset is shifting.
People are getting cautious. Some traders now consult tax professionals just to sleep better at night.
9. What happens if I don’t report my crypto income?
If you’re caught? You could face fines, back taxes, or even criminal charges in extreme cases. So far, Thailand hasn’t launched high-profile crypto tax audits—but the potential is there. It’s not about fear—it’s about being prepared.
10. Final Thoughts: Should Thai Traders Take Crypto Tax Seriously?
Absolutely. The tax on crypto in Thailand isn’t just theory—it’s law. Whether you’re flipping tokens or earning passive income from staking, the Revenue Department expects a cut.
Will every trade be traced? Probably not. But that doesn’t mean it’s safe to ignore the rules. If you’re unsure what to report or how, the smartest move in 2025? Find a Thai accountant who actually understands crypto. There are more of them now than you’d think.
