Mar 31 2023, 04:05 PM
QUOTE(hanhanhan @ Mar 30 2023, 10:49 PM)
on top of that, real property gains tax when u sell the property.
company never gets the >5yrs 0% rate. currently it's taxed at 5% of net profit.
RPGT for Company is 10% >5 yrs.company never gets the >5yrs 0% rate. currently it's taxed at 5% of net profit.
Yes if the rental is substantial then this is the fairest way to do, instead of son A get property A and son B get property B.
But better discuss among families, sometimes upon discussion, each children get their own properties and manage by themselves is most easiest way to settle things, instead of setup company (though is fairest).
Quote
0.0173sec
0.74
6 queries
GZIP Disabled