Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance.
Thailand is rolling out the crypto red carpet, but before you jump in, there’s more to this tax holiday than meets the eye. Yes, it’s true, from Jan. 1, 2025, all capital gains on crypto transactions made through licensed platforms will be tax-free until the end of 2029.
At first glance, Thailand’s crypto tax exemption sounds like a trader’s paradise. No capital gains tax for five years?