RE:Wonder if this is recoverable from the sellersavyinvestor333 wrote: and include payment for a US$11.4 million tax obligation which was recently identified, relating to the 2018/2019 time frame, while the assets were under their previous ownership
In an asset purchase, the buyer typically purchases specific assets of company. Generally, the buyer does not assume the seller's tax liabilities unless stipulated. Wonder what the rules are in Thailand.
Tax payment doesn't look good specially the timing cannot be worst than this.
GLTA