Sunday, March 27, 2011

BANGKOK POST: Auto tax reforms flawed

The pending change in the automobile tax structure is flawed and not well thought out, according to executives of car companies based in the Thailand.

Under the new structure proposed by the Excise Department, vehicles emitting carbon dioxide levels between 150 and 200 grammes per kilometre would face a 30% tax rate. Any car exceeding 200g/km would be subject to a five-point hike; anything below 150 would get a five-point reduction.