As per the cabinet resolution announced on 17 June 2025, the cabinet has approved the exemption of personal income tax on capital gains derived from the sales of digital assets conducted on digital asset exchanges, through digital asset brokers, and to digital asset dealers licensed under the digital asset business law ("the Cabinet Resolution") to promote the initiatives to be the digital asset hub, effective from 1 January 2025 - 31 December 2029. For the benefit of our customers and investors, Bitkub Exchange has summarized the key points of the resolution below.
Previous Personal Income Tax Collection on Capital Gains
Previously, the Revenue Department collected personal income tax, subject to a 15% withholding tax, on capital gains realized by individuals from the sale of digital assets conducted on digital asset exchanges, through digital asset brokers, and to digital asset dealers licensed under the law ("personal income tax").
New Personal Income Tax Exemption on Capital Gains per Cabinet Resolution
The cabinet has approved the exemption of personal income tax on capital gains realized by individuals from the sale of digital assets conducted on digital asset exchanges, through digital asset brokers, and to digital asset dealers licensed under the law.
This personal income tax exemption measure has become effective from 1 January 2025 - 31 December 2029.
Remark: For investment planning purposes, investors are advised to monitor announcements from the Revenue Department or other relevant government agencies closely.
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