The Thai government has just approved a breakthrough tax exemption policy for the digital asset sector, aiming to boost the country's position as a global digital financial center. According to the latest announcement, all profits arising from cryptocurrency trading activities will be exempt from personal income tax if conducted through organizations licensed by the Thai Securities and Exchange Commission (SEC), including cryptocurrency exchanges, brokers, and crypto retailers.
This tax incentive policy will officially take effect from January 1, 2025, and will last until December 31, 2029. The Thai government's primary goal is to encourage companies to raise Capital through Digital Token Issuance, while simultaneously promoting strong and sustainable development of the domestic crypto market.
This tax exemption move is expected to attract more individual and international investors to the Thai market, as well as support the acceleration of the blockchain ecosystem and DeFi in Southeast Asia.
