Mazars in Thailand technical update - June 2023

Mazars in Thailand’s Technical Update - June 2023 contains a number of interesting articles on Accounting, Tax, Legal, IFRS and Sustainability that will be important to your business.

Keywords: Mazars, Thailand, Accounting, Tax, Legal, IFRS, Sustainability, IASB, ISSB, VAT

30 June 2023

Tax

  • Extension of tax deduction for investing in an electronic tax system

Legal

  • Recent Department of Business Development rulings on aspects of the Foreign Business Act

Accounting

  • Preparing financial statements for liquidation purposes

IFRS

  • Final amendments to IAS 7 and IFRS 7 on supplier finance arrangements
  • Redeliberations continue on Goodwill and Impairment project
  • Eighth compilation of IFRS IC agenda decisions
  • Redeliberations continue on Primary Financial Statements project
  • FICE project: ongoing discussions of proposed amendments to IAS 32 and IFRS 7

Sustainability

  • Guide to the impact of the CSRD on non-EU groups and their EU subsidiaries
  • ISSB: publication of an exposure draft to enhance the international applicability of SASB standards
  • ISSB: call for feedback on the Board’s future work plan

Document

Technical update June 2023
Technical update June 2023