Mazars in Thailand technical update - October 2023

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

Tax

  • Q&A published on foreign-sourced income

Accounting

  • Non-current Assets Held for Sale – Current practice for NPAEs

IFRS

  • IASB amends IFRS for SMEs standard in line with international tax reform
  • IASB publishes exposure draft on volume 11 of Improvements to IFRSs
  • Discussion on the equity method
  • New steer for IASB project on climate-related risks in the financial statements

Sustainability

  • ISSB announces membership of Transition Implementation Group
  • TNFD publishes recommendations on management of nature-related risks and associated disclosures

Legal

  • Guidelines on the conditions for applying for BOI investment incentives for developing software, a digital platform, or digital content

 

Document

Technical Update - October 2023
Technical Update - October 2023