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Apr 28, 2021 2:52 pm
Hi there, is it possible for a group of people (let say A, B, and C) to own two PLT with the same amount of percentage ? Is it consider as same entity or separate entity?
Does the account need to be merge or is there any tax regulation to be followed?
Had search so much online but there is no answer. Please help! thank you very much!
1 Reply
Apr 28, 2021 3:29 pm
Hello Apple,
1. A group of people can own two PLT with the same percentage.
2. If you would like to open two PLT and have the same number of percentages, it is counted as two separate entities.
3. You cannot merge the accounts because it is two separate legal entities.
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