Expat Tax: Frequently Asked Questions
Thank you for visiting our Thailand Expat Tax FAQ page. We answer questions received from expats, anonymised for privacy, to help others navigate the new tax rules.
Still Have Questions?
If you can’t find the answer you’re looking for after searching, don’t worry. Just submit your query at Ask a Question.
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.
Thailand currently uses a remittance-based tax system. You will only be taxed if you sell the crypto in a Thai tax year, realise a gain, and remit the proceeds to Thailand.
You can read more about cryptocurrency taxation here.
Thailand doesn’t tax crypto at 15%. It deducts 15% witholding tax at source, it is not the same thing. You still need to file gains remitted to Thailand on your personal income tax return.
You can find out more about cryptocurrency tax in Thailand here
If it isnt remitted to Thailand, it doesn’t have to be declared as it is not an assessable income source as it is a remittance tax basis.
You can find out more about cryptocurrency tax in Thailand here