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 filing deadline extensions


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


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


  • 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


Mazars in Thailand technical update - May 2021