In Part I of this two part article we noted the importance for your company to comply with the legal requirements to “write‐off” uncollectable or “Bad Debts” so that your company would not be required to pay income tax on these uncollected monies. And we saw that under Section 65 of the Thailand Revenue Code (“RC“) and Ministry of Finance regulation No. 186 (1991) (“MR”) in order for Bad Debts to be written‐off they generally my have (1) arisen from your company’s business and (2) it must not be too late to file a court action to collect them.