Announcement
27 Mar 2025
In March 2025, the Cabinet of Thailand provided corporate income tax deductions for certain large commercial EV manufacturers.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
27 Mar 2025
Revocation date:
31 Dec 2025
Updated: 26 Apr 2025
Tax or social insurance relief
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...
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Updated: 21 Apr 2025
Local operations incentive
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 investm...
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Implementation date
27 Mar 2025
Revocation date:
31 Dec 2025
Updated: 21 Apr 2025
Import incentive
On 27 March 2025, the Cabinet of Thailand approved the corporate income tax deduction for certain large commercial electric vehicle (EV) manufacturers, including electric buses and electric trucks....
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