Yumthai

100% Agreed. Besides, Thai registered crypto exchanges will greatly benefit from these new crypto inflows. Transactions fees volume will substantially increase leading to more harvested corporate tax.

You need to do more research. Traceability is inherent to crypto (except some specific coins like Monero). Getting rid of middlemen and giving back its financial sovereignty to the individuals is the ideal outcome but, most probably, the global banking system will adapt is adapting and will be merged or co-exist with crypto. Crypto is classified as "digital asset" in Thailand. AFAIK assets or digital assets remittance does not trigger a tax event in Thailand (unless it is considered as a payment for work), only income remittance does. Nor I read anywhere in the tax law that assets cost basis has to be reported or some Thai WHT be applied at remittance. Capital gain tax event will be triggered when the imported asset is sold, using the asset purchasing price (be it from abroad).

You remit an asset (watch, gold, stock,.. crypto) in Thailand, do you pay tax on remitted asset assessed value or when you sell the asset?

https://support.bitkub.com/en/support/solutions/articles/151000215173-cabinet-announces-exemption-of-personal-income-tax-for-capital-gains-from-digital-asset-sales-on-17-j As per the cabinet resolution announced on 17 June 2025, the cabinet has approved the exemption of personal income tax on capital gains derived from the sales of digital assets conducted on digital asset exchanges, through digital asset brokers, and to digital asset dealers licensed under the digital asset business law ("the Cabinet Resolution") to promote the initiatives to be the digital asset hub, effective from 1 January 2025 - 31 December 2029.

In any case there's a new option on the table: convert the offshore money you want to remit in Thailand into crypto (stablecoin if volatility is a concern), send it to a Thai licensed crypto exchange, convert your crypto back to THB, transfer THB to your bank account. No tax to pay for the next five years.

You need to keep up with the recent news: all remittances have become tax-free.

Not only tax enforcement doomsayers prayers have remained unanswered but, with a quite opposite twist, Thailand has just announced a tax exemption on crypto capital gains making all remittances conveniently bridged through local crypto exchanges into Thailand tax-free.

That's huge. Thailand is the new tax heaven.

I suspect he's secretly praying for TRD to come bite everyone's a$$ as he repeatedly mentions, which will remain at his great regret unsuccessful.

Speculating on something bad happening in the near future is the definition of "scaremongering". Constantly pushing the idea of the possibility that something harmful but improbable will happen is also "scaremongering".

If you think global taxation will be implemented but 99% of residents won't be impacted then it's a non-event.

There is no incoming global tax system. It can't be implemented in Thailand as economic consequences will be unbearable, at least without allowing legal tax-free workarounds (such as LTR) and you know it.

You think wrong. I've made no remittance into Thailand over the past year and have no local income. The way I or you interpret the law is irrelevant, only the way the tax auditor does translate the rules matters. Obviously, she/he will never knock at my/your door.

1. Let it go. 2. Stop believing the news.

Agreed. Principal should be included in the tax-free remittances otherwise it's pointless as people will not repatriate big lump sums which is the expected outcome.