Car makers seek clarity on excise tax | Bangkok Post: auto

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Car makers seek clarity on excise tax

  • Published: | Viewed: 4,111 | Comments: 0
  • Newspaper section: Business
  • Writer: Piyachart Maikaew
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The government is being urged to come up with a clearer excise tax on vehicles so that car makers can plan production accordingly. 

"What the government has approved is only a broad concept, with no detailed policy on how to support segments like hybrids or electric vehicles and related technologies that help reduce domestic oil use," said Kwanchai Paphatphong, president of Inter-Media Consultant Co, which runs the Thailand International Motor Expo.

The Yingluck Shinawatra government late last year approved a new tax structure basing tax calculations on carbon dioxide emissions, rather than engine size as in the prevailing structure.

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