, trust will be exempted from income tax while distribution from trust to unitholders will then be taxable. Unlike investment in infrastructure fund which is of benefit to Thailand, however, unitholders of

expenses items and non-recurring. 5. Corporate income tax for the year 2018 are Baht 21.9 million, increase by Baht 21.1 million or 2,731% from prior year due to taxable profit from sales of ABOVE 39

for the year 2018 resulted from taxable profit from sales of ABOVE 39 condominium which calculated from the difference of selling price and taxable cost of investment received by way of Entire Business

the establishment of Thai ESG Funds. Individuals with taxable income are eligible for a tax deduction of up to 30 percent of their assessable income, with a maximum limit of 100,000 baht per tax year

  0107538000151     Thailand W www.wiik‐hoeglund.com    6 . Incom e tax expense increased from the quarter 3/2016 in amount of 4.99 million Baht as the Company had taxable profit and had to recognized tax expenses

last year as interest rate and the loan balances were lower in the current period. Income tax expense increased by Baht 5 million due mainly to an increase of taxable profit in the current period as

expense decreased by Baht 25 million due mainly to an increase of taxable loss in the current period as compared to the same period last year. Loss attributable to non-controlling interests of the

higher taxable profit in this year and additional payment of income tax of previous years. Loss attributable to non-controlling interests of the subsidiaries amounted to Baht 4 million in the current

compared to the prior year and this is largely because the higher taxable profit of property sales operation in this year. Loss attributable to non-controlling interests of the subsidiaries increased by Baht

in water management project of its subsidiary. 7. Income tax expense increased from the quarter 2/2016 in amount of 2.64 million Baht due to the Company had taxable profit for the three month period