PIT Exemption for Cars Replaced after the Floods
On 22 October 2013, Ministerial Regulation No. 300 was announced to grant a personal income tax exemption on Government excise tax rebates received by flood victims for buying a new car to replace a damaged one, following the Cabinet’s resolution on 4 January 2012.
Keywords: Mazars, Thailand, Tax, Personal Income Tax, Ministerial Regulation
26 December 2013
The excise tax rebates which are eligible for tax exemption under this Ministerial Regulation must not exceed Baht 100,000 and shall be received from 1 January 2013 onwards.