Keywords: Mazars, Thailand, Tax, Excise Department, PPVs, Eco Car Project
04 August 2015
The new structure of excise tax will support cars which comply with Phase 2 of the Eco Car Project, as these cars will save fuel and be more environmentally friendly. For these cars, the excise tax rate will fall from 17% to 14%, but the excise tax on a private car with an engine capacity of 1,780 cc to 2,000 cc will increase by a range of 3% to 10%.
For pick-up trucks which have a rate of carbon dioxide emissions over 200 grams per kilometre, the excise tax will increase to 15%. Therefore, pick-up trucks with four doors will increase in price by 15,000 to 25,000 baht per vehicle next year.
For pick-up framed passenger vehicles (PPVs) with an engine capacity no higher than 3,250 cc, the tax rate will increase from 20% to 25%. For PPVs with carbon dioxide emissions over 200 grams per kilometre, the excise tax will be 30%.