Mazars Thailand Technical Update – February 2016

Mazars Thailand’s Technical Update – February 2016 contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.

Keywords: Mazars, Thailand, Tax, Accounting, Audit, Legal, IFRS, CIT, Real Estate, IASB, IFRS 15, IAS 12

In the February 2016 update, we focus on.

Tax

  • Tax benefit for first-time home buyers (as published in our February Payroll Newsletter)
  • Permanent corporate income tax rate of 20%

Accounting

  • Recognizing revenue from the sale of real estate

Audit

  • New Auditors’ Report and Key Audit Matters
  • New and revised Thailand Standards on Auditing

Legal

  • 99-year state land lease scheme considered

IFRS

  • IASB publishes limited amendments to IAS 12
  • IFRS 15: a stabilised standard on revenue recognition at last!

To get a complimentary copy of the Mazars Thailand Technical Update, click on the link below.

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Technical Update_​February 2016