Mazars Thailand Technical Update – July 2018

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

Keywords: Mazars, Thailand, Tax, Accounting, Legal, IFRS, VAT, Childbirth, digital tokens, digital assets, FBA, TFRS 9, TFRS 2, IASB, FICE

07 August 2018

Tax

  • Extension of the reduced value-added tax rate
  • Tax deduction of up to 60,000 baht for childbirth

Legal

  • Offering digital tokens to the public and offering digital assets
  • Five businesses to be removed from List Three of the Foreign Business Act, 2542 B.E. (1999 A.D.)

Accounting

  • Delay in effective date of TFRS 9, ‘Financial Instruments’
  • TFRS 2, ‘Share-based Payment’

IFRS

  • The IASB publishes its FICE discussion paper  

Document

Mazars Thailand Technical Update – July 2018
Mazars Thailand Technical Update – July 2018