Mazars in Thailand technical update – July 2022

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

Keywords: Mazars, Thailand, Tax, Legal, Accounting, IFRS, Sustainability, Tax measures, Tax deduction, CIT, TFRS, NPAEs, IFRS IC, IASB, IAS, FICE, IPTF, ISSB, CSRD

1 August 2022


  • Additional tax deduction for the purchase of biodegradable plastic products
  • Tax measures to support tourism and related industries
  • Reminder about filing half-year corporate income tax returns


  • Bill to repeal the Act on Offences Arising from the Use of Cheques, 1991


  • Exposure draft of TFRS for NPAEs


  • Classification of liabilities with covenants: clarification of the scope of the amendment to IAS 1 proposed in November 2021
  • Discussions on the equity method
  • FICE project: discussions continue
  • IPTF publishes document for discussion on hyperinflationary economies


  • New appointments make ISSB quorate
  • European Council and Parliament finalise political compromise on the Corporate Sustainability Reporting Directive (CSRD)


Mazars in Thailand Technical update - July 2022