Mazars in Thailand technical update – May 2021

Mazars in Thailand’s Technical Update – May 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, IFRS, Tax filing, PDPA, SSF, TFRS 16, COVID-19, Rent concessions, IFRS IC, IAS 38, ISSB

4 June 2021

Tax

Tax filing deadline extensions

Legal

Effective date of the Personal Data Protection Act postponed
Reductions in the Social Security Fund (SSF) contribution rates

Accounting

Amendment to TFRS 16 regarding COVID-19-related Rent Concessions – Phase 2

IFRS

IFRS IC agenda decision on Configuration or Customisation Costs in a Cloud Computing Arrangement (IAS 38 – Intangible Assets)
Exposure Draft on lack of exchangeability
IFRS Foundation consults on creation of International Sustainability Standards Board
IASB consults on its agenda to 2026