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      When importing goods into Thailand, it is important to consider other indirect taxes that may be levied, such as excise tax and ESG-related taxes, at both international and domestic levels. Understanding these can help businesses plan effectively and maintain competitiveness.

      Excise tax

       

      Excise tax plays an important role in regulating the national consumption by targeting specific goods and services, such as luxury goods, products with special government benefits and those with environmental consideration.

       

      Key products subject to this form of taxation include:

      • oil and petroleum
      • automobiles and motorcycles
      • perfumes and cosmetics
      • tobacco and liquor

      ESG tax

       

      As global attention shifts towards environmental sustainability, many countries, including Thailand, are increasingly implementing tax measures focused on reducing environmental impact.

      These measures aim to curb greenhouse gas and other carbon emissions by:

      • taxing specific goods such as fuel, oil and petroleum products
      • promoting investments in green energy, such as electric vehicles and batteries, to support renewable energy development and reduce reliance on traditional fuels

      Certain industries may need to reassess their business models, products, or schemes to determine whether they are subject to these taxes. Overlooking these taxes may lead to unexpected tax liabilities, potential penalties and/or fines and adverse effects on corporate reputation. To enhance business operations and retain competitiveness, it is essential for businesses to consider the consequent tax implications and compliance requirements as part of their business planning process. 

      Discover how we can help

      • Business establishment and investment in Thailand

        We provide end-to-end solutions, from excise tax advisory to implementation such as excise registrations, excise tax incentives, compliances and risk management.

        We can assist in the following:

        • providing an overview of the regulatory environment for excise tax prior to establishing a business in Thailand
        • advising on excise registration and licensing requirements for importers/manufacturers of excisable products and services providers falling under the ambit of the Excise Act
        • assisting with the registration and licensing of excisable products
        • advising on excise management for business operations
        • assisting in identifying and applying for tax incentives such as excise tax exemptions for imported/exported goods, tax reductions and refunds for re-exported and manufactured excisable products
        • advising on excise compliance and risk mitigation
      • Excise compliance work

        We help businesses understand and fulfill their responsibilities under the Excise Act, including product and price registration for excise tax, monthly inventory report submissions and excise tax payments.

        We can assist in the following:

        • outlining the responsibilities of an excise-liable person for specific products under excise tariffs and services under the Excise Act
        • preparing and reviewing the recommended retail selling price (RRSP) registration for calculating the applicable excise tax
        • preparing and reviewing excise compliance tasks and assessing excise tax liability for payment
      • Excise compliance health check and risk profile

        We assess businesses’ excise compliance level and key risk areas and tailored recommendations for improvement.

        We can assist in the following:

        • assessing the overall excise compliance level of businesses including excise tax preparation, filing, document retention and others relevant obligations under the Excise Act
        • identifying associated risks and potential penalties 
        • providing recommendations to help facilitate compliance with the Excise Act
        • assisting in voluntary disclosure to the Excise Department, where applicable
      • Excise tax incentives

        We help businesses in understanding, identifying and applying for tax incentives aligned with their business model to enhance the company’s benefit, including excise tax exemption, reduction, zero-tax privileges and refunds.

        We can assist in the following:

        • assessing current business practices and identifying tax incentives that most benefit the business
        • providing compliance services related to excise tax rules and regulations, including excise tax applications and filings
      • Excise assessment and appeal resolution

        We support businesses in managing excise assessments and finding resolutions to issues such as excise investigations, audits, rulings, penalty waivers and surcharges.

        We can assist in the following:

        • developing strategies and key action plans to address excise assessments
        • assisting in negotiations with relevant authorities and guiding the business through the excise assessment and appeal resolution process
        • advising on the tax laws, rules and regulations related to excise tax settlements, refunds and investigations
        • advising on penalty and surcharge standards and seeking opportunities for relief, including for penalties for late filing of excise tax returns, late payments and other non-compliance with the Excise Act
      • Training

        We deliver training programs and guidance on excise compliance, including company registration via the online platform, recommended retail selling price registration (RRSP) and monthly filings of excise tax, helping the team leverage excise tax exemption privileges and navigate regulations comprehensively.

        We can assist in the following:

        • providing tailored training program and guidance on excise tax
        • evaluating potential risks and providing recommendations based on the business’ current excise compliance

      • Climate policies impact and risk management

        We help businesses understand, identify and assess risks associated with existing or upcoming climate policies, focusing on industry-specific environmental tax-related regulations and policies and provide suggestions to mitigate potential risks and exposures.

        We can assist in the following:

        • providing an overview of the relevant environmental regulations or climate policy trends, at both international and domestic levels
        • advising on the criteria and requirements of specific policies or regulations that could affect business operations, such as the Carbon Border Adjustment Mechanism (CBAM), EU CO2 emissions standards for cars and vans, FuelEU Maritime Regulation, ReFuelEU Aviation Regulation, carbon tax, etc.
        • identifying compliance requirements in accordance with domestic and international regulations
        • assessing the financial and tax impact of the respective regulations and providing recommendations to mitigate the risk of non-compliance or exposure
      • Implementation support

        We support businesses in understanding and complying with local and international regulatory requirements, as well as leveraging available incentives or government grants.

        We can assist in the following:

        • identifying compliance requirements in accordance with ESG-related tax regulations at both international and domestic levels, such as those for products which fall within the scope of certain environmental regulations (e.g. Carbon Border Adjustment Mechanism (CBAM) in different countries, EU Deforestation Regulation (EUDR), etc.) and tax transparency reporting
        • preparing and submitting the documents required for compliance with the respective regulations, e.g. registration as an importer of CBAM goods, excise registration for carbon tax, cost structure declarations for goods subject to carbon tax, carbon tax filing, greenhouse gas (GHG) emission reports and obtaining/maintaining country-by-country reports (CbCR)
        • obtaining incentives aimed at encouraging activities which can contribute to achieving decarbonization
      • Sustainable supply chain approach

        We support businesses on their decarbonization journeys by analyzing and identifying opportunities to enhance operational sustainability and manage the impact of tax and non-tax exposures across the whole supply chain.

        We can assist in the following:

        • conducting supply chain sustainability assessments to measure, monitor and manage supply chain ESG risks and to identify opportunities for decarbonization, including carbon footprint mapping, prioritizing decarbonization activities and engaging suppliers in decarbonization efforts
        • identifying tax risks and opportunities across the business’ global supply chain as it undergoes transformation
        • developing a tax strategy or tax governance framework to align both short-term and long-term goals with a sustainable supply chain, increasing harmonization between business needs and environmental, societal and stakeholder considerations
        • mapping supply chains to design a carbon emission plan which helps decrease exposures arising from carbon intensity
      • ESG tax health check

        We conduct ESG tax health checks to enhance the business operations’ compliance with ESG-related tax regulations and other taxes such as corporate tax, customs and excise compliance for effective governance.

        We can assist in the following:

        • assessing the organization’s compliance requirements in accordance with domestic and international ESG-related tax regulations, such as greenhouse gas (GHG) emission reporting under CBAM, carbon tax filing, compliance with base erosion & profit shifting (BEPS) pillar 2 and CbCR country-by-country reporting and document retention as required by applicable laws
        • conducting comprehensive tax compliance checks for corporate income tax, value added tax (VAT), withholding tax and other indirect taxes and reviewing import/export compliance to identify potential tax and customs risks arising from annual corporate tax computation, VAT returns, misclassifications, valuation discrepancies, licensing and other issues
        • providing guidance to prevent non-compliance with applicable ESG regulations
      • Handbook

        We work with businesses at all stages to develop guidance/compliance handbooks for operations from an ESG tax perspective, both internationally and domestically.

        We can assist in the following:

        • highlighting relevant policies and regulations that businesses must deal with in different countries, including Thailand
        • preparing a handbook, tailored to the business, outlining ESG-related policies, legal operation frameworks and procedures, to support compliance with the relevant ESG regulations
        • developing strategies and providing a remediation framework to help facilitate compliance and reduce the risk of financial exposure or penalties
      • Awareness training

        We organize both virtual and on-site training sessions to create awareness and understanding of ESG-related tax regulations and their implications for business, covering policies and regulations in Thailand and abroad.

        We can assist in the following:

        • preparing materials on ESG-related tax topics relevant to business operations at global, regional and national levels, to enhance the team's comprehension and readiness to cope with regulatory shifts
        • delivering customized training on trending ESG-related tax policies and regulations for industry-specific issues, to provide guidance and strengthen compliance

      More information

      Download the publication

      Excise and ESG Tax Services

      When importing goods into Thailand, it is important to consider other indirect taxes that may be levied, such as excise tax and ESG-related taxes, at both international and domestic levels. Understanding these can help businesses plan effectively and maintain competitiveness.

      Download
      Download the publication

      消费税及环境、社会和治理（ESG）税制相关服务

      When importing goods into Thailand, it is important to consider other indirect taxes that may be levied, such as excise tax and ESG-related taxes, at both international and domestic levels. Understanding these can help businesses plan effectively and maintain competitiveness.

      Download

      Insights and trends

      The upcoming ESG regulations are expected to significantly influence business operations in various sectors, including manufacturing, import-export and transportation. We recognize the importance of staying updated on the latest developments, at both national and international levels, to prepare for necessary adjustments. To support this, we have gathered insights into current trends and developments related to ESG tax from our network of tax specialists around the world to provide a foundation for your further consideration.

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