Virtual Membership Meeting with Excise Department on Carbon Tax and General Excise Update

Virtual Membership Meeting with Excise Department on Carbon Tax and General Excise Update - Jun 11

Virtual Membership Meeting with Excise Department on Carbon Tax and General Excise Update

Organized by:Customs & Excise Council

Event highlights: 

On June 11, the AMCHAM Customs and Excise Co-Chairs led AMCHAM members in a virtual meeting with Nutthakorn Utensute, Principal Advisor on Excise Control System Development at the Excise Department. 

Nutthakorn’s presentation covered the foundations of the potential Thai carbon tax structure. The presentation also included the three scopes of carbon emissions: direct emissions, indirect electricity emissions, and value chain emissions, which will be key sources of carbon tax for Thailand going forward. It is expected that the new carbon tax law will come with a grace period for industries to adjust and apply.  

In addition to the carbon tax, Nutthakorn provided brief updates on the current excise tax structures for petroleum and petroleum products, alcoholic beverages, tobacco products, non-alcoholic beverages, and new automobiles.  

The session concluded with a question-and-answer session.  

Interested members can find the presentation slides on the MIC.  

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