Mazars in Thailand technical update – April 2022

Mazars in Thailand’s Technical Update - April 2022 contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.

Keywords: Mazars, Thailand, Tax, Legal, Accounting, IFRS, Sustainability, COVID-19, Social Security Fund, Transfer Pricing, DBD, BOI, IFRS IC, IPTF, ISSB

3 May 2022

Tax

  • Additional deduction for the purchase of biodegradable plastic products
  • Additional deduction for the purchase of COVID-19 antigen self-test kits
  • Reduction in Social Security Fund contributions
  • Update on the transfer-pricing disclosure form

Legal

  • Changing company information through the DBD e-filing system
  • BOI to provide incentives to certain start-ups
  • BOI policy to provide incentives to businesses reducing greenhouse gas emissions

Accounting

  • Accounting for earnings per share

IFRS

  • New Chair for IFRS IC
  • IFRS IC publishes final agenda decision on TLTRO III programme
  • Redeliberations continue on Primary Financial Statements project
  • IPTF adds Turkey to list of hyperinflationary economies
  • Publication of IFRS Accounting Taxonomy 2022
  • Focus on some accounting consequences of the war in Ukraine and the sanctions against Russia

Sustainability

  • Sustainability reporting: EFRAG and ISSB finalise governance structures, and first public consultations are launched
  • Two new reports published by Platform on Sustainable Finance

Document

Mazars in Thailand technical update - April 2022
Mazars in Thailand technical update - April 2022