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Thailand cabinet approves 0% excise tax for BEVs with BoI promotion starting from 2020
On March 5, 2019, Thailand cabinet approved Finance Ministry’s proposal to eliminate the excise tax for battery electrified vehicles from January 1, 2020 to December 31, 2022 to fasten up production of BEVs and reduce emissions in the country. The waiver will be granted only for the projects that won promotional priv....
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