Tax services for expats in Thailand

Does crypto transferred between wallets count?

December 11, 2025

Tax Advisory Disclaimer

The information on this website is for informational purposes only and is not professional tax advice. For full details, please consult our complete Tax Advisory Disclaimer.

Moving crypto between wallets is not a remittance. There is no tax charge until crypto is converted into fiat or sold on a Thai exchange.

The tax trigger arises when you convert crypto into baht or another fiat currency and the funds enter Thailand. Selling crypto on a Thai exchange creates a taxable event at the point of sale. See our digital asset guidance for more detail.

Category: Foreign-Sourced Income
Tag: Crypto