So I have just sold my Thai house held under a Thai company valued at 4 Million THB. 

 

All transfer costs were paid at the land dept approx 6.2 %.

 

My accountant has been paid to close the Thai company.

 

Does anyone know roughly how much tax I will pay once everything is complete as my Accountant was pretty vague!

 

Thanks in advance - Jim 

 

 

What was the profit? sales price minus written down cost in the accounts? then it's the corporation tax rate of that

On 2/25/2024 at 4:14 AM, scubascuba3 said:

What was the profit? sales price minus written down cost in the accounts? then it's the corporation tax rate of that

 

Thanks for your time much appreciated - Jim 

I've never closed a Thai company, but posts in these forums have been stating that is costs in the same level to close a company limited as establishing one. As @scubascuba3 said, check with your accountant about company tax of the profit, as the property was held by the company and funds from sale therefore belongs to the company.