Keywords: Mazars, Thailand, Tax, Legal, Accounting, IFRS, SMEs, antigen test kits, ex-convicts, DBD, TISO, IBC, Visa, permanent residence, IFRS IC, IAS, VAT
2 December 2021
Tax
- Additional tax deduction for SMEs to acquire a computer program
- Additional deduction for the purchase of antigen test kits
- Additional deduction for the employment of ex-convicts
Legal
- New guidelines on requesting DBD permission not to hold an annual general meeting of shareholders within the period fixed by law
- Extending the scope of business of a Trade and Investment Support Office and International Business Centre to provide loans to affiliated companies
- Temporary visa extensions
- Applications being accepted for Thai permanent residence
Accounting
- Initial measurement of property, plant, and equipment
IFRS
- IFRS IC agenda decision on non-refundable VAT on lease payments
- IFRS IC rules on the subsequent accounting treatment of warrants initially classified as financial liabilities
- Fifth compilation of IFRS IC agenda decisions
- Ongoing IASB deliberations on the presentation of financial statements
