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Thailand’s new excise tax rates and conditions for PHEVs to take effect in 2026
On April 29, 2025, the Deputy Minister of Finance announced that the Cabinet has approved adjustments to the excise tax rates for PHEVs.
Currently, PHEVs, like HEVs, are taxed based on CO2 emissions. However, starting January 1, 2026, separate tax rates will apply. PHEVs with an electric range of at least 80 km per c....
Currently, PHEVs, like HEVs, are taxed based on CO2 emissions. However, starting January 1, 2026, separate tax rates will apply. PHEVs with an electric range of at least 80 km per c....
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