Thailand Plans Tax Incentives to Promote Green Economy: Pichai

Thai government plans to offer a series of tax incentives and develop sustainable financial tools to support transition to low-carbon economy, according to Finance Minister Pichai Chunhavajira.

• The short-term incentives include tax benefits to promote usage of renewable energy, including rooftop solar-cell installation, as well as allowing tax deduction from expenses involving energy efficiency and climate technology, Pichai says in his speech at ESG seminar on Thursday
• For medium term, the government will offer tax incentives for carbon footprint calculation and carbon credit activities
• Plans to push forward carbon tax over the long term to ensure the nation will ...