Mazars Thailand Technical Update – February 2016
Mazars Thailand Technical Update – February 2016
Keywords: Mazars, Thailand, Tax, Accounting, Audit, Legal, IFRS, CIT, Real Estate, IASB, IFRS 15, IAS 12
In the February 2016 update, we focus on.
Tax
- Tax benefit for first-time home buyers (as published in our February Payroll Newsletter)
- Permanent corporate income tax rate of 20%
Accounting
- Recognizing revenue from the sale of real estate
Audit
- New Auditors’ Report and Key Audit Matters
- New and revised Thailand Standards on Auditing
Legal
- 99-year state land lease scheme considered
IFRS
- IASB publishes limited amendments to IAS 12
- IFRS 15: a stabilised standard on revenue recognition at last!
To get a complimentary copy of the Mazars Thailand Technical Update, click on the link below.