Showing 1-10 of 33 results
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Customs hits car makers
Business, Wichit Chantanusornsiri, Published on 25/04/2015
» The Customs Department has asked Japanese car makers Toyota Motor Thailand (TMT) and Isuzu Motors (Thailand) to pay almost 13.5 billion baht total for understating taxes on imported auto parts.
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Incentives entice two car makers
Business, Wichit Chantanusornsiri, Published on 14/03/2022
» A Japanese and a Chinese car manufacturer plan to invest in producing battery-powered pickups in Thailand later this year, says a Finance Ministry source who requested anonymity.
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Two companies starting EV production
Business, Wichit Chantanusornsiri, Published on 11/01/2020
» Two car makers will start manufacturing electric vehicles (EVs) in Thailand this year to take advantage of tax breaks, says Patchara Anuntasilpa, the Excise Department's director-general.
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Car makers to pay higher taxes
Business, Wichit Chantanusornsiri, Published on 02/06/2015
» The automobile industry will face higher tax payments once the new excise tax bill, based on a different calculation, is implemented.
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Excise mulls tax break to spur EV production
Business, Wichit Chantanusornsiri, Published on 16/02/2019
» The Excise Department is poised to waive the tax imposed on full electric vehicles (EVs) in a fresh move to encourage makers to start producing the cars.
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Draft EV roadmap coming
Business, Wichit Chantanusornsiri, Published on 20/01/2020
» The government is drafting a roadmap for electric vehicle (EV) production to begin in Thailand within three years, says Finance Minister Uttama Savanayana.
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Excise change not expected to dent sales
Business, Wichit Chantanusornsiri, Published on 17/08/2018
» The Excise Department is confident that 90% of motorcycles sold in the country will see minimal impact from the new excise tax structure, which shifts the calculation basis from engine size to CO2 emissions.
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Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
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Excise tax collection up on robust car, beer sales
Business, Wichit Chantanusornsiri, Published on 31/03/2021
» Car and beer sales are recovering vigorously, resulting in a surge of excise tax revenue collection by the Excise Department from the two products for the first five months of fiscal 2021.
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First-time car buyer scheme ownership period reviewed
Business, Wichit Chantanusornsiri, Published on 02/09/2015
» The Excise Department has submitted to the Finance Ministry the pros and cons of shortening the minimum ownership period under the first-time car buyer scheme to three years from five.
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