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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 granted a tax concession to certain large commercial electric vehicle (EV) manufacturers in the form of a corporate income tax deduction. The CIT deduction is...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

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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