Unpleasant Surprise

[crusty]

There's a lot of truth in the adage "the Thais will get it in the end" but over a long period of time since we bought our property, the taxes have changed a lot and we have been hit with a 30% capital gains tax on the profit upon selling our property whereas had we registered it in my wife's name, there is no tax. How do Thai companies get around this because I'm sure they do ?

[NHJ]

if the house has been bought with a company, they simply sell the company and transfer director.

[BWPattaya]

if the house has been bought with a company, they simply sell the company and transfer director.

That is what I did. Simply change the director's name. May need to pay for an audit as part of due diligence.

[crusty]

if the house has been bought with a company, they simply sell the company and transfer director.

That is what I did. Simply change the director's name. May need to pay for an audit as part of due diligence.

Thanks guys thats what I thought, just that many parties worry about the company's liablities.

[Rooo]

Crusty got his answer.

Other off topic discussion removed. Please confer with a qualified Lawyers for directives .

Please keep to the OP's original query.