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Saturday, May 18, 2024

How cryptocurrency gains are tax in Thailand ?

Hi, anyone can tell me how gains from crypto are tax if I will be Thai resident with Tax ID ?

I try to find by myself but I read many things differents.

Sometime I read 15% flat tax only, sometime Personal Income Tax (PIT) rates 0% to 35%.

If I use a exchange not from Thailand or decentralized exchange and do some trade between cryptocurrencies like BTC to USDT or BTC to ETH … there are tax if there are gains ?

Or it’s tax only when I convert crypto in fiat like US dollars ?

Or it’s tax only if I remitted my US dollars into Thailand ?

If I keep my crypto, BTC or stablecoin like USDT and not withdraw in bank account, I will be tax ?

Thanks for your help.



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