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Thailand to enforce new car tax scheme in 2016

Boris Sullivan

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bangkok BTS

Thailand’s government has approved a future restructuring of the country’s vehicle excise tax away from rates based on engine size to one dependent on the quantity of carbon dioxide emissions.

The new tax structure is due to take effect on January 1, 2016. The government is aware that car manufacturers were severely affected by last year’s floods, and are, at present, serving domestic demand, which has also been boosted by the government’s first-car scheme. However, it is anticipated that, from next year, exports will again become a major factor, and the new excise duties are designed to align Thailand’s automotive industry towards producing vehicles that meet global standards.

Under the present excise tax structure, tax rates increase according to engine size on the assumption that larger engines consume more fuel. For example, a passenger car with an engine of 2,000cc or less pays a tax of between 22% and 30%, whereas a car with an engine of more than 3,000cc pays 50%. Even electric, fuel cell and hybrid vehicles currently pay a tax based on engine size – up to 3,000cc at a rate of 10%, and above 3,000cc at 50%. Read More

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Thailand’s illegal gambling market

Police in Thailand are tasked with monitoring illegal gambling. Raids regularly take place that result in fines and or jail time for people found to be hosting or playing in illegal gambling events.

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Almost every form of gambling is illegal in Thailand and has been since 1935. But while the neon flashing world of online gambling was still the stuff of science fiction in the prelude to World War Two – when Thailand’s gambling laws were made – the remote sector is still banned in the country.

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Law

Land and building tax collection postponed until August 2020

Land and building tax collection will commence in August 2020, rather than the previous schedule of April 2020.

National News Bureau of Thailand

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BANGKOK(NNT) – After the government approved new regulations under the Land and Building Tax Act, due to take effect on January 1, the Ministry of the Interior announced that actual tax collection will commence in August 2020, rather than the previous schedule of April 2020.

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Corporate

Sexual Harassment still plagues the workplace in Thailand

A survey of 1,153 women in Bangkok and its surrounding areas found that 22.9% of respondents had experienced sexual harassment in the workplace

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The United Nations’ survey in 2019 found that one third of UN staff and contractors have experienced sexual harassment over the past two years, and that two thirds of those offenders were men.

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