Categories: MarketsMenafn

Thailand Confirms Crypto Investment Tokens Tax Breaks

The Thai government has officially approved tax exemptions aimed at individuals holding investment tokens and the issuers of these tokens to enhance the country’s attractiveness as a hub for digital finance.  

This decision comes as part of Thailand’s efforts to encourage the use of digital tokens for fundraising and stimulate economic growth.

Details of the Tax Exemption Policy

Under the new tax regime, which took effect on Jan.1, individuals who profit from holding investment tokens and have had a 15% withholding tax deducted from their earnings can exclude this income from their personal income tax calculations. Kulaya Tantitemit, the Director-General of Thailand’s Revenue Department, confirmed this policy. The aim is to foster investment in digital tokens and reduce the financial burden on investors.

Additionally, the Thai government announced tax breaks for companies issuing investment tokens. Specifically, such entities will be exempt from corporate income tax and value-added tax (VAT), as revealed on March 7. This measure is intended to provide businesses with a viable alternative to traditional fundraising methods, with Deputy Government Spokesman Rachada Dhnadirek noting the government’s expectation that investment tokens could generate significant capital in the coming years.

The landscape of cryptocurrency taxation in Thailand has experienced various adjustments. Initially, a 15% capital gains tax on crypto traders was introduced in Jan. 2022, leading to a public outcry and its subsequent suspension in February 2022. The government then revised its tax policy in March 2022, exempting traders on authorized exchanges from a 7% VAT on crypto transactions. 

This news follows the report that the Thailand SEC gave asset management firms the green light to invest in the U.S. Spot Bitcoin Exchange-Traded Funds (ETFs).

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

BJMINING Offers XRP Holders Easy Access to Daily Mining Income

Washington, D.C, 20th August 2025, ZEX PR WIRE, In today’s increasingly volatile crypto markets, maintaining…

9 hours ago

PAXMINING Expands Bitcoin Mining Services with New Plan Yielding $9,888 Per Day

London, UK, 20th August 2025, ZEX PR WIRE, Bitcoin (BTC), the king of cryptocurrencies, has…

9 hours ago

Dogecoin investors are earning $8,700 daily through blockchain cloud mining.

London, England, 20th August 2025, ZEX PR WIRE, Late July 2025-In the current wave of…

9 hours ago

Hamza Automates Leads Hexona Systems to $100K MRR, Powering 1,000+ Agencies With Agentic AI.

Toronto, Canada, Aug 20, 2025, ZEX PR WIRE, In the fast-moving world of AI and automation,…

9 hours ago

Dogecoin (GODE) experiences market volatility, while BestMiningPools users enjoy high returns on investment

LONDON, UK, 19th August 2025, ZEX PR WIRE, Investors once again turn into market analysts…

9 hours ago

Discover how XRP users are making $6,700 per day with Blockchain Cloud Mining.

Breaking the traditional trading model, cloud mining has become the new favorite in the crypto…

3 days ago