Forvis Mazars in Thailand technical update - July 2024

Forvis Mazars in Thailand’s Technical Update - July 2024 contains a number of interesting articles on Tax, Legal, Accounting, IFRS and Sustainability that will be important to your business.

Tax

  • Additional tax exemption on employee termination income

Legal

  • Thailand introduces new visa measures to boost tourism and economy

Accounting

  • Mergers and acquisitions: Accounting considerations and best practices

IFRS

  • New appointments to IFRS Interpretations Committee
  • Amendments to IFRS 9 and IFRS 7: what are the changes to the classification and measurement of financial instruments?

Sustainability

  • New research projects to be undertaken by the ISSB
  • ISSB seeks greater harmonisation of sustainability disclosure standards
  • Jurisdictional guide to adoption of ISSB Standards
  • Updates on jurisdictional adoption of sustainability reporting
  • Strengthening sustainability reporting in emerging markets

 

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Technical update - July 2024