Delay urged for online gold trade taxReports suggest daily transaction values of online gold trading have reached as much as 250 billion baht, surpassing the stock market's daily trading value. The Election Commission (EC) and the Council of State have indicated that a decision on imposing a specific business tax on gold trading via online platforms must await the formation of a new government. The proposal to impose taxes on gold trading transactions via online platforms is one of the measures prepared by the Finance Ministry and the Bank of Thailand to curb speculative gold trading through online platforms. The Revenue Department has also been instructed to assess the appropriateness of imposing a specific business tax on gold trading conducted via online platforms, excluding transactions involving the physical delivery of gold. According to the source, measures requiring the reporting of gold trading transaction data and limiting transaction values for online gold trading are already in progress, with the finance minister having already signed a Finance Ministry notification authorising the Bank of Thailand to regulate gold trading through online platforms.
Source: Bangkok Post January 26, 2026 23:01 UTC