Mazars Thailand Technical Update – February 2019

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, Employee Benefits Obligation, IFRS, Legal, Work Permit, Branch, Representative Office, Personal Income Tax Refunds, IFRS 15, IAS 37, IAS 12

06 March 2019


  • Cheques will no longer be issued for personal income tax refunds


  • Work permit required for manager of a branch or representative office


  • Employee benefits obligation


  • Agenda decision on IFRS 15: identification of goods or services promised to a customer
  • Agenda decision on IAS 37: deposits relating to taxes that are outside the scope of IAS 12
  • Agenda decisions on the investment in a subsidiary in the entity’s separate financial statements