Thailand’s new PHEV tax structure with revised conditions prepared for submission to cabinet

Reported on March 1, 2025, the Thai Deputy Finance Minister revealed that the Excise Department's plans to revise the tax structure for PHEVs include removing the requirement related to (i) the size of the fuel tank, currently set at 45 liters, and (ii) the criteria for CO2 emissions.
The latter caused manufacturers ....

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