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5 Year Crypto Tax Holiday Announced.

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  • Author
14 hours ago, yozah said:

They busted the scam ring. Tax holiday no longer serve the laundering purpose  it was created for. They will cancel it.

 

All the more reason to "bed & breakfast" your crypto on an authorised Thai exchange before they cancel it.

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5 hours ago, JBChiangRai said:

All the more reason to "bed & breakfast" your crypto on an authorised Thai exchange before they cancel it.

 

There are no "bed and breakfast" laws in Thailand.  Depending on the time between the transactions is there a chance it could be seen as tax evasion?

  • Author
1 hour ago, treetops said:

 

There are no "bed and breakfast" laws in Thailand.  Depending on the time between the transactions is there a chance it could be seen as tax evasion?

 

Buying & selling is not tax evasion and what I describe below is extremely common.

 

You don't need a specific law for bed & breakfasting shares, crypto or anything else.

 

Right now there is a tax holiday.  No tax is payable on the profit of any crypto trade on any authorised Thai exchange.

 

Let's take the case of you bought 1 BTC for $1 

 

Scenario A

  • You sold it now, you get something over $100k.  No tax is payable.
  • You bought it back shortly afterwards for something over $100k
  • You made a profit of circa $99.9k in this tax year
  • No tax is payable because there is a tax holiday currently in force
  • Your cost price for future tax calculations is $100k.

 

Scenario B

  • You didn't do anything with it
  • Your cost price for future tax calculations is $1

 

The tax holiday ends 31/12/2029, unless this (or another) new government ends the tax holiday.

 

In Scenario A you pay tax on any profit over circa $100k

In Scenario B you pay tax on any profit over $1

 

If the tax holiday ends at the whim of a new government, and you didn't B&B as in Scenario A, you're f**ked.

1 minute ago, JBChiangRai said:

You're posting nonsense. Buying & selling is not tax evasion and what I describe below is extremely common.

 

I made an accurate statement and asked a question - how is that nonsense?

 

Bread and breakfasting to avoid Capital Gains Tax (often by creating a loss) is an offence in my home country and I queried whether something similar could be the case in Thailand.

 

For me, in your Scenario A above, if the "shortly afterwards" period was less than 30 days the value for tax calculations would remain at $1.

 

With no law to guide them the TRD can effectively do what they want, as has been seen by stories of some of those who panicked and submitted tax returns this year.

 

 

  • Author
15 minutes ago, treetops said:

 

I made an accurate statement and asked a question - how is that nonsense?

 

Bread and breakfasting to avoid Capital Gains Tax (often by creating a loss) is an offence in my home country and I queried whether something similar could be the case in Thailand.

 

For me, in your Scenario A above, if the "shortly afterwards" period was less than 30 days the value for tax calculations would remain at $1.

 

With no law to guide them the TRD can effectively do what they want, as has been seen by stories of some of those who panicked and submitted tax returns this year.

 

 

 

There is no evasion.  It's 2 straight forward trades.  You are crystallizing a taxable profit of circa $99.9k in the tax year in scenario A.  No tax is payable because it's a tax holiday.

 

Which is your home country?

 

1 minute ago, JBChiangRai said:

There is no evasion.  It's 2 straight forward trades.  You are crystallizing a taxable profit of circa $99.9k in the tax year in scenario A.  No tax is payable because it's a tax holiday.

 

All I'm saying is the TRD might not view it so favourably.  It's definitely avoidance and could be interpreted as evasion.

 

 

2 minutes ago, JBChiangRai said:

Which is your home country?

 

UK.

  • Author

No — Thailand does not have a 30-day bed & breakfasting rule for crypto. The UK’s rule is designed to prevent tax-loss harvesting, but Thailand’s current crypto tax framework is much simpler due to its five-year tax holiday.

🧾 Thailand’s Crypto Tax Rules (2025–2029)

  • Capital gains on crypto are tax-free if:

    • Trades are made through a Thai-authorized exchange, broker, or dealer

    • You’re a tax resident of Thailand

  • The exemption applies from January 1, 2025 to December 31, 2029

  • There’s no matching rule like the UK’s 30-day rule — you can sell and rebuy crypto freely without triggering tax consequences, as long as it’s done on a licensed Thai platform2

⚠️ Caveats

  • The exemption does not apply to trades on offshore platforms (e.g., Binance, OKX, Bybit)

  • If the tax holiday ends early (e.g., due to government change), your cost basis will matter for future tax calculations

LMAO any actually pass the KYC for some exchange? I basicly got cucked already for having DTV visa.

  • Author
2 hours ago, yozah said:

LMAO any actually pass the KYC for some exchange? I basicly got cucked already for having DTV visa.


Been on BitKub since it started, couldn’t trade for a year after Thailand 4.0 but all ok now

2 hours ago, yozah said:

LMAO any actually pass the KYC for some exchange? I basicly got cucked already for having DTV visa.

Been with Bitkub since it started too plus Upbit Thailand but not on a DTV. These days you'll need to be on a work visa, retirement, marriage or Elite. I believe you can't even retain a Bank account now with a DTV? Therefore impossible to even be considered for a Thai crypto exchange.

So is this thing total dud actually? Someone said both the buy and sell must occur on thai exchange to qualify for tax exemption. Remitting crypto to thai exchange from non thai source is already taxable on the gain.

Not sure about that and it isn't something I have looked into as it doesn't impact me personally. I've been in Thailand for years and have only ever bought crypto on Thai SEC approved exchanges. Sorry can't confirm or deny if what you say is accurate or not. . 

 

I would add that I thought the original idea of the no CGT on crypto sales on approved SEC exchanges would have also been in part to encourage crypto wealth from overseas to flow into Thailand, thus benefitting the local economy. I mean if you are cashing out into Thai Baht into a Thai bank then it's going to be spent locally isn't it. 

 

As usual though, always more questions than clear answers.

  • Author
1 hour ago, yozah said:

So is this thing total dud actually? Someone said both the buy and sell must occur on thai exchange to qualify for tax exemption. Remitting crypto to thai exchange from non thai source is already taxable on the gain.

 

Where bought is irrelevant for profit calculation.  Sell must be on an approved exchange.

 

If you're planning on HODL'ing a little longer, I'd advise you to sell and buy back on an approved exchange ASAP.

https://aimbangkok.com/thailand-crypto-tax-exemption-2025/?utm_source=chatgpt.com 
 

"The Inbound Transfer is Taxed Separately: This interpretation posits that the gain accrued while the crypto was held abroad is ‘foreign-sourced income’. The act of transferring this appreciated asset to a Thai exchange could be considered ‘bringing income into Thailand’ under the tax code. Under this view, a Thai tax resident (in Thailand for 180+ days) would be taxed on this gain upon transfer, with only subsequent appreciation on the Thai exchange being exempt."

 

i have headache

  • Author
1 hour ago, yozah said:

https://aimbangkok.com/thailand-crypto-tax-exemption-2025/?utm_source=chatgpt.com 
 

"The Inbound Transfer is Taxed Separately: This interpretation posits that the gain accrued while the crypto was held abroad is ‘foreign-sourced income’. The act of transferring this appreciated asset to a Thai exchange could be considered ‘bringing income into Thailand’ under the tax code. Under this view, a Thai tax resident (in Thailand for 180+ days) would be taxed on this gain upon transfer, with only subsequent appreciation on the Thai exchange being exempt."

 

i have headache


That is unlikely.

 

The current belief is as I stated, profit on crypto is tax free.

 

That still leaves your cost price to be determined under normal tax procedures as foreign income brought into Thailand.  

  • 2 months later...

Did anyone go through that process of selling with that tax exemption yet?

I wonder how it would work for people who trade on chain swaping many memecoins and so on before sending to bitkub for a cashout.
My guess is that it's going to be 0% tax but i would love a confirmation from someone who did it already.

I also messaged the tax service in Thailand to see if they can come up with a clear answer.

  • Author
10 minutes ago, cheesepotato said:

Did anyone go through that process of selling with that tax exemption yet?

I wonder how it would work for people who trade on chain swaping many memecoins and so on before sending to bitkub for a cashout.
My guess is that it's going to be 0% tax but i would love a confirmation from someone who did it already.

I also messaged the tax service in Thailand to see if they can come up with a clear answer.

I sold and bought back. I was establishing a high cost price in case the law is changed.

On 1/11/2026 at 4:34 PM, JBChiangRai said:

I sold and bought back. I was establishing a high cost price in case the law is changed.

Going to get mega rugged when the <deleted> "clarify" that the coins must have been bought on thai exchange too.

  • Author
15 minutes ago, yozah said:

Going to get mega rugged when the <deleted> "clarify" that the coins must have been bought on thai exchange too.

They were

1 hour ago, yozah said:

Going to get mega rugged when the <deleted> "clarify" that the coins must have been bought on thai exchange too.

Source ?

3 hours ago, JBChiangRai said:

They were

You bought long time ago on thai exchange and now sold and bought back again?

  • Author
15 hours ago, yozah said:

Going to get mega rugged when the <deleted> "clarify" that the coins must have been bought on thai exchange too.

11 hours ago, yozah said:

You bought long time ago on thai exchange and now sold and bought back again?

There is no evidence that you had to purchase your crypto on an authorised Thai exchange, only the sale is important. Your profit or loss is only crystallised at that point.

I bought on two exchanges, BX and subsequently BitKub. BX was an SEC authorised exchange; they shut down as it became more difficult to adapt to increasing legislation.

We will have a new government soon, don't assume they will keep the tax break to 2029. I have now put my peg in the ground with a purchase price of 1 BTC = 4M THB.

Do your own research.

13 hours ago, JBChiangRai said:

There is no evidence that you had to purchase your crypto on an authorised Thai exchange, only the sale is important. Your profit or loss is only crystallised at that point.

I bought on two exchanges, BX and subsequently BitKub. BX was an SEC authorised exchange; they shut down as it became more difficult to adapt to increasing legislation.

We will have a new government soon, don't assume they will keep the tax break to 2029. I have now put my peg in the ground with a purchase price of 1 BTC = 4M THB.

Do your own research.

Yeah hope it's some resentful boomers <deleted>posting. But clarification is of course too much to ask.

  • 2 weeks later...

Bitcoin tanking. I think Michael Saylor is going going to be exposed for his ponzi ways. Bitcoin will then tank further until the bottom is formed.

Thailand is irrelevant. Tax or no tax crypto broz are losing to boomers with metals

Bitcoin going to zero. It was actually created by a pedophile network. It's in the files.

  • 2 weeks later...


This <deleted> says "only the value that was gained after moving the Crypto to an SEC licensed thai exchange is exempt". No clue what was the point of the video if he could have just said this in 5 seconds.

11 hours ago, yozah said:

This <deleted> says "only the value that was gained after moving the Crypto to an SEC licensed thai exchange is exempt".

According to this statement moving then selling stablecoins is tax free as there is no capital gain.

3 hours ago, Yumthai said:

According to this statement moving then selling stablecoins is tax free as there is no capital gain.

No. It doesn't say that. What it says is that the tax free crypto thailand was huge trap/scam.

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