Hi everyone, I recently came across a part of Thailand’s Royal Decree (No. 789) related to personal income tax exemption, and I’m a bit unclear about its scope. Here’s the original text:
 

Quote

Digital Investment Tokens Income

On 24 Sep 2024, Thailand tax Royal Decree (No 789) was gazetted, prescribing exemption from personal income tax for resident individuals deriving share of profits or similar type income from Digital Investment Tokens.

 

My questions are:

1. What exactly are “Digital Investment Tokens”? What kind of tokens or assets fall under this category?

2. Does this exemption also apply to profits from trading cryptocurrencies like Btc or Eth? In other words, are profits from buying and selling cryptocurrencies exempt from personal income tax under this policy?

 

Thanks in advance!

7 hours ago, youke said:

What exactly are “Digital Investment Tokens”? What kind of tokens or assets fall under this category?

 

It's not referring to crypto currencies and I believe there have been no such tokens issued since this alteration in the law.