Mazars Thailand Technical Update – July 2018
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Mazars Thailand Technical Update – July 2018
Mazars Thailand’s Technical Update – July 2018 contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.
Keywords: Mazars, Thailand, Tax, Accounting, Legal, IFRS, VAT, Childbirth, digital tokens, digital assets, FBA, TFRS 9, TFRS 2, IASB, FICE
07 August 2018
Tax
- Extension of the reduced value-added tax rate
- Tax deduction of up to 60,000 baht for childbirth
Legal
- Offering digital tokens to the public and offering digital assets
- Five businesses to be removed from List Three of the Foreign Business Act, 2542 B.E. (1999 A.D.)
Accounting
- Delay in effective date of TFRS 9, ‘Financial Instruments’
- TFRS 2, ‘Share-based Payment’
IFRS
- The IASB publishes its FICE discussion paper
