Mazars in Thailand technical update – February 2022

Mazars in Thailand’s Technical Update – February 2022 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,Personal income tax, Cryptocurrency, LTR, PDPA, DPO, TFAC, COVID-19, IASB, IPTF, CDSB, ISSB

4 March 2022

Tax

  • Personal income tax implications of cryptocurrency / digital tokens
  • Personal Income Tax exemptions for Long Term Resident Visa holders

Legal

  • Qualifications and duties of the Data Protection Officer

Accounting

  • Notification on amendments to the Thai Financial Reporting Standards
  • TFAC issues accounting treatment guidance entitled “Guidelines regarding the provision of financial assistance to debtors affected by COVID-19”

IFRS

  • IASB work plan: key milestones
  • Redeliberations continue on Primary Financial Statements project
  • IPTF publishes document for discussion on hyperinflationary economies
  • New ISSB appointments
  • CDSB to be consolidated into IFRS Foundation

Document

Mazars in Thailand technical update - February 2022