Forvis Mazars in Thailand technical update - November 2024
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Forvis Mazars technical update - November 2024
Forvis Mazars in Thailand’s Technical Update - November 2024 contains a number of interesting articles on Tax, Legal, Accounting, IFRS and Sustainability that will be important to your business.
Tax
- Tax exemptions and deductions available to corporations
- Upcoming webinars: Unlocking 2024's income tax benefits
Legal
- Board of Investment allows majority-foreign-owned entities to own land
Accounting
- Climate change considerations in Financial Reporting Standards
IFRS
- IASB concluded redeliberations on the proposed amendments to IFRS 9 and IFRS 7 on contracts for renewable electricity (PPAs and VPPAs)
- IASB seeks input from stakeholders on intangible assets project
- Eleventh compilation of IFRS IC agenda decisions published
- New members appointed to ASAF
Sustainability
- Updates to the SASB Standards XBRL Taxonomy
- Updates on jurisdictional adoption of sustainability reporting
- ISSB update – September 2024 meeting
