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Thailand

14% excise tax for eco-car manufacturers in Thailand until end of 2025 gets green light from Thai cabinet

Reported on December 22, 2023, the Thai cabinet has approved an extension of excise tax reduction for eco-car manufacturers from 17% to 14% for another 2 years, or until the end of 2025. This measure had been proposed by the Industry Ministry, expecting to give eco-car makers more time to prepare for the EV transitio....

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