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Thailand Joins Countries That Exempt Crypto Capital Gains Tax, but Only for 5 Years
Thailand will exempt capital gains taxes on cryptocurrency sales made through locally licensed crypto asset service providers for the next five years, a Ministry of Finance announcement yesterday (Tuesday) confirmed. Specifically, capital gains taxes will be waived on all crypto sales made between 1 January 2025 and 31 December 2029. Thailand's decision came days after Vietnam, another country in Southeast Asia, passed new legislation to define cryptocurrencies legally. The legislation will become effective at the beginning of next year. However, Thailand is not the first country to offer crypto investors a tax ... (full story)
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