Forvis Mazars Payroll Flash News - September 2025

On 5 September 2025, Thailand’s Ministry of Finance issued Ministerial Regulation No. 399, granting a personal income tax exemption on capital gains derived from the transfer of cryptocurrencies or digital tokens made between 1 January 2025 and 31 December 2029.

This exemption applies to transactions conducted through:

• Licensed digital asset exchanges,
• Authorized digital asset brokers, or
• Licensed digital asset dealers,

 as defined under the Digital Asset Business.

This measure aims to encourage greater investment in digital assets, and position Thailand as a regional hub for financial innovation and digital asset business development.

Sources (in Thai):

Ministerial Regulation No.399