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According to sources from Thailand's Ministry of Finance, the Ministry is preparing a proposal to raise the consumption tax rate for imported electric vehicles by at least 30%. The new tax rate is expected to take effect on January 1, 2027. The proposal is expected to be submitted to the cabinet for consideration within two weeks. It targets electric vehicles imported in the form of complete vehicles without locally produced parts.
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According to sources from Thailand's Ministry of Finance, the Ministry is preparing a proposal to raise the consumption tax rate for imported electric vehicles by at least 30%. The new tax rate is expected to take effect on January 1, 2027. The proposal is expected to be submitted to the cabinet for consideration within two weeks. It targets electric vehicles imported in the form of complete vehicles without locally produced parts.
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