Mazars in Thailand technical update - January 2021

Mazars in Thailand’s Technical Update - January 2021 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, Interest expenses, Electronic tax system, Land and building tax, Tax filing, Foreign currencies, Corporate income tax

09 February 2021 


  • Additional deduction of interest expenses
  • Draft laws on tax measures to promote and support the electronic tax system
  • Additional deduction for an investment in new machinery
  • Extension of the grace period for filing a tax return electronically
  • Reduction of land and building tax by 90% for 2021
  • Tax filing deadline extensions


  • Retirement and early retirement


  • Presenting the financial statements in a currency other than Thai baht
  • Use of foreign currencies as functional currencies for corporate income tax purposes


Mazars in Thailand technical update - January 2021