Hanoi, Sept. 22 -- Bangkok (VNA) - The Thai Excise Department will begin imposing a 45% tax on imported vintage cars in fiscal year 2026, a move expected to generate an additional 1-2 billion THB (31.4 -62.9 million USD ) annually for the government.

The new regulations will also restrict the use of these vehicles to Saturdays, Sundays, and public holidays, though exemptions for special events may be granted with police permission.

According to Kulaya Tantitemit, Director-General of the department, the tax is intended to position Thailand as a hub for vintage car exhibitions and to bolster the domestic car restoration industry.

Kulaya stated that this tax will apply exclusively to vintage cars imported. Initial conditions require a veh...