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100,000 first-car buyers expected to get late tax refunds


Lite Beer

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Is there another post or link giving all the details of this car scheme?

Here.

http://www.thaivisa.com/forum/topic/498011-first-car-scheme-gets-the-green-light-by-thai-cabinet/

Thanks Skywalker.

"The tax rebate is expected to cost [the government] about Bt150 billion, assuming that 500,000 people will buy first cars," Boonsong said. Carmakers and financial institutions will meet with Excise Department officials today to discuss details of the package, he said.

"The first-car tax rebate scheme was one of the Pheu Thai Party's populist policies aimed at luring voters in the recent election." The Nation

So they were warned, where's the shortfall going to come from? Rice farmers paying taxes?

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Is there another post or link giving all the details of this car scheme?

Here.

http://www.thaivisa.com/forum/topic/498011-first-car-scheme-gets-the-green-light-by-thai-cabinet/

Thanks Skywalker.

"The tax rebate is expected to cost [the government] about Bt150 billion, assuming that 500,000 people will buy first cars," Boonsong said. Carmakers and financial institutions will meet with Excise Department officials today to discuss details of the package, he said.

"The first-car tax rebate scheme was one of the Pheu Thai Party's populist policies aimed at luring voters in the recent election." The Nation

So they were warned, where's the shortfall going to come from? Rice farmers paying taxes?

I think 1.6 miljon people went into the sceme but dont know how many backed out.

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