5 year personal income tax exemption for digital asset sales

5 year personal income tax exemption for digital asset sales

On 5 September 2025, a personal income tax exemption for capital gains made from the sale of cryptocurrencies or digital tokens was enacted as law . (see HLB Insights article: Cabinet Approves Personal Income Tax on Capital Gains from Sales of Digital Assets)

Ministerial Regulation No. 399 issued under the Revenue Code grants an exemption for capital gains made from the sale of cryptocurrencies or digital tokens for 5 years, commencing from 1 January 2025 and ending on 31 December 2029.

The main condition is that the cryptocurrencies or digital tokens are sold via a Digital Asset Exchange, Digital Asset Broker or to a Digital Asset Dealer, licensed under Thailand’s digital asset business laws.

The tax exemption been issued in support of the government’s policy to promote Thailand as a global digital asset hub and encourage investment in digital assets.