Thailand: Carbon tax on oil approved by Cabinet
Carbon pricing mechanism in excise tax rates imposed on oil and oil products
The Thai Cabinet approved a draft law that would introduce a carbon pricing mechanism in the excise tax rates imposed on oil and oil products.
The carbon tax would initially be set at THB 200 per tonne of carbon equivalent.
For more information, contact a KPMG tax professional in Thailand:
Malika Bhumivarn | malika@kpmg.co.th