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Thailand: Government provided corporate income tax deductions for certain large commercial EV manufacturers

Description

On 27 March 2025, the Cabinet of Thailand approved the corporate income tax deduction for certain large commercial electric vehicle (EV) manufacturers. The CIT deduction is twice the actual investment...

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Intervention Details

Intervention Type

Local operations incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

27 Mar 2025

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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