Thailand Crypto Tax: What You Need to Know in 2025
When you trade or sell crypto, digital assets like Bitcoin or Ethereum that can be bought, sold, or exchanged. Also known as cryptocurrency, it is treated as property for tax purposes in Thailand. You’re not just moving money—you’re triggering a taxable event. Since 2022, Thailand’s Revenue Department has been enforcing crypto taxation, the legal requirement to report and pay taxes on profits from cryptocurrency transactions. By 2025, this isn’t optional anymore. If you made a profit—even from swapping one coin for another—you owe tax. No exceptions. No gray areas.
The Thai crypto regulations, rules set by Thailand’s government and tax authorities governing how digital assets are taxed, traded, and reported. are clear: capital gains from crypto are taxed at your personal income rate, which can go up to 35%. That means if you bought Bitcoin for $10,000 and sold it for $15,000, the $5,000 profit is added to your yearly income. You don’t pay tax on holdings—you pay when you sell, trade, or use crypto to buy something. Even staking rewards and airdrops count as income. If you got free tokens from a project, the IRS-style value at the time you received them is taxable. And yes, the Revenue Department is cross-checking data from Thai exchanges like Bitkub and Kraken. They know who’s trading.
Reporting isn’t complicated, but it’s easy to mess up. You need to track every transaction: buy price, sell price, date, and the Thai Baht value at the time. Many people think using a wallet like Trust Wallet or MetaMask keeps them off the radar. It doesn’t. If you cashed out to a Thai bank account, the trail is there. The government doesn’t care if you used a VPN or traded on Binance. If you’re a Thai resident, you’re taxed on global crypto gains. Non-residents? Only taxed if the transaction happens within Thailand. But if you’re living there—even temporarily—you’re fair game.
There’s no official crypto tax software approved in Thailand, so most people use spreadsheets or third-party tools like Koinly or CoinTracker. But be careful—those tools don’t auto-fill Thai tax forms. You still need to file manually through the Revenue Department’s e-filing portal. Penalties for underreporting? Up to 200% of the unpaid tax, plus interest. And audits are getting more common.
What about mining? If you’re mining crypto in Thailand, the coins you earn are taxed as income when you receive them. Same goes for DeFi rewards, liquidity pools, or yield farming. The moment you get tokens, their value at that second becomes taxable. No deferral. No grace period.
And here’s what most people miss: if you give crypto as a gift, it’s not tax-free. The giver might owe tax on the gain, and the receiver could owe tax when they later sell it. It’s not like cash. Thailand treats crypto like stocks—with stricter tracking.
There’s no crypto tax haven in Thailand. No loopholes. No amnesty programs. The rules are out there, and enforcement is real. The good news? If you’re honest, it’s manageable. Keep records. Know your numbers. Don’t guess. And don’t trust random Telegram groups claiming they’ve found a way to avoid tax—they’re just trying to steal your keys.
Below, you’ll find real-world examples of how Thai traders are handling their crypto taxes in 2025—what worked, what backfired, and what you should avoid. No fluff. Just what you need to stay legal and keep more of your crypto.