Trade Alert Vol. 6 Issue 1: EXCISE DEPARTMENT TO COLLECT NEW EXCISE TAXES ON MOTORCYCLES BASED ON CO2 EMISSION

On 7 May 2019 the Cabinet has granted a resolution to revise excise tax structure for motorcycles, as proposed by the Excise Department, which aimed to boost excise tax revenues and reduce PM 2.5 pollution level in line with the Thai government policy. Read more…

Trade Alert Vol. 5 Issue 16 : BOI INTRODUCES THE IBC SCHEMETO REPLACE IHQ AND ITC ACTIVITIES

According to the Announcement of the Board of Investment (“BOI”) No. Ngor. 1/2018, the existing investment promotions for the International Headquarter (“IHQ”) and International Trading Centers (“ITC”) activities have officially been canceled Read more…

Trade Alert Vol. 5 Issue 15: THAILAND INTRODUCES THE INTERNATIONAL BUSINESS CENTER (“IBC”) IN RESPONSE TO THE HARMFUL TAX PRACTICES.

On 10 October 2018, the Thai Cabinet has approved the cancellation of existing tax incentivized regional and international headquarters regimes. Read more…

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