ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
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26. Corporate Income Tax<br />
For the years ended on December 31, <strong>2007</strong>, the company calculated the income tax at the<br />
rate of 25% in accordance with the Decree no. 387, which amended the rate of the corporate<br />
income tax expense from 30% to 25% for the five consecutive accounting periods from the initial<br />
accounting period or after the date a public company is listed on the Stock Exchange of Thailand<br />
(as of May 18, 2006) in accordance with the law on Securities and Stock Market.<br />
For the years ended on December 31, 2006 the Company calculate the income tax at the<br />
rate of 30% of net accounting profit after making adjustment transactions in accordance with the<br />
Revenue Code. The added back transactions are mainly loss transactions from impairment of<br />
investment in subsidiary company.<br />
For the years ended on December 31, <strong>2007</strong> and 2006 one subsidiary calculate the income<br />
tax at the rate of 30% of net accounting profit after making adjustment transactions in accordance<br />
with the Revenue Code. The added back transactions are mainly transactions in respect of accrued<br />
property tax and reserve of service fee after sale.<br />
For the years end on December 31, <strong>2007</strong> and 2006 one subsidiary calculates by using<br />
progressive return tax rate with announced in the Royal decree of Revenue Rate Reduction<br />
(Version no.394) B.E. 2545 of accounting net profit after adding back adjusted transaction in<br />
accordance with the Revenue Code. Are mainly transactions in respect of reserve for service after<br />
sale.<br />
For the years ended on December 31, <strong>2007</strong> one subsidiary calculate the income tax at the<br />
rate of 30% of net accounting profit after making adjustment transactions in accordance with the<br />
Revenue Code. For the years end on December 31, 2006 calculates by using progressive return tax<br />
rate with announced in the Royal decree of Revenue Rate Reduction (Version no.394) B.E. 2545<br />
of accounting net profit after adding back adjusted transaction in accordance with the Revenue<br />
Code. The added back transactions are mainly transactions in respect of reserve for service after<br />
sale and discrepancy transaction of computation of depreciation of building and equipment while<br />
under tax, it is computed according to the lives determined in accordance with the Revenue Code.<br />
209
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