Forvis Mazars in Thailand technical update - July 2025

Tax

• Thailand’s policy response to Pillar Two: BOI’s measures to sustain investment attractiveness
• The US Stance and the "Side-by-Side" agreement

Legal

• Employee transitions: Legal compliance in Thai mergers and amalgamations

Accounting

• Accounting for loan term modifications under TFRS for NPAEs

IFRS

• Publication of the Request for Information (RFI) on IFRS 16
• Appointments to the IFRS Interpretations Committee
• FICE project – IASB tentative decisions on disclosures
• Revised edition of the IASB Practice Statement on management commentary

Sustainability

• ISSB to consult on proposed amendments to SASB
• IFRS Foundation Guidance – transition plan disclosures
• GRI 102 and IFRS S2 equivalence
• IFRS Foundation e-learning modules
• Jurisdictional adoption – profiles and snapshots
• Jurisdictional adoption – consultation