Cryptocurrency Tax Thailand: What You Need to Know in 2025
When you trade or sell cryptocurrency, a digital asset treated as property under Thai law, not money. Also known as crypto assets, it’s subject to capital gains tax when you convert it to fiat or swap it for another coin. The Thai Revenue Department doesn’t care if you bought Bitcoin on Binance or sold Solana on a DEX—what matters is that you made a profit. And yes, they’re catching up.
Thailand’s tax rules are simple but strict: crypto income, any profit from selling, trading, or using crypto to buy goods or services is taxable. If you bought 1 ETH for 150,000 THB and sold it for 250,000 THB, you owe tax on the 100,000 THB gain. Even swapping ETH for SOL counts as a taxable event. There’s no exemption for small trades. The VAT crypto Thailand, a 7% value-added tax applied to crypto-to-fiat conversions by licensed exchanges adds another layer—this tax is collected at the point of sale, but you still owe capital gains on top of it.
Most people think if they didn’t cash out to baht, they’re safe. That’s wrong. Using crypto to buy a laptop, pay for a hotel, or even tip a streamer? All taxable. The Revenue Department gets data from licensed exchanges like Bitkub and Satang—your wallet addresses, transaction history, and KYC info are shared. Unlicensed platforms? They’re not safe havens. If you’re caught, penalties start at 150% of the unpaid tax. And yes, they’ve started auditing high-volume traders.
You don’t need to be a tax expert to stay compliant. Keep records: date, amount, value in THB at time of trade, and what you traded for. Use free tools like Koinly or CoinTracker to auto-track your activity. File your annual tax return by March 31. If you earned over 150,000 THB in crypto profits, you’re required to pay personal income tax—rates range from 5% to 35%, depending on your total income.
There’s no legal way to avoid this. Trying to hide trades or use offshore exchanges won’t work. Thailand’s laws are clear: crypto is property, and profits are income. The real question isn’t whether you’ll be taxed—it’s whether you’ve prepared.
Below, you’ll find real examples of how Thai traders are handling this—what works, what doesn’t, and how to avoid the traps most beginners fall into.