Mazars in Thailand technical update - November 2020
InsightsOur publicationsForvis Mazars in Thailand technical update
Mazars in Thailand technical update November 2020
Mazars in Thailand’s Technical Update contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.
Keywords: Mazars, Thailand, Tax, Accounting, IFRS, Corporate income tax, BOI, Investment incentive, TFRS, NPAEs, TAS, IAS, IASB, ESMA, Financial reporting
14 December 2020
Tax
- Adjustment of revenue and expenses in relation to related-party transactions
Legal
- Proposal of the Ministry of Commerce to remove three businesses from the list of those businesses for which a foreign business licence is required
- Significant incentives approved by the Board of Investment
Accounting
- Allocating fixed production overheads
IFRS
- Third compilation of IFRS IC agenda decisions published
- IASB reaches tentative decisions on proposed amendments to IAS 12, “Deferred Tax related to Assets and Liabilities arising from a Single Transaction”
- ESMA publishes recommendations for 2020 financial reporting
