Forvis Mazars in Thailand technical update - June 2025

Tax

• New Thai tax ruling redefines treatment of foreign technology payments

Legal

• Extension of walk-in registrations for registered partnerships and limited companies
• New BOI regulations for expatriate employment in Thailand

Accounting

• TFRS 18 and TFRS 19: Key developments in presentation and disclosure

IFRS

• Post-implementation review of IFRS 16 – RFI to be published imminently
• IASB sets objectives and direction for intangible assets project
• IASB redeliberates proposed amendments to IAS 21
• 12^th compilation of IFRS IC agenda decisions published
• Educational material on going concern requirements and disclosures

Sustainability

• ISSB Guidance on Greenhouse Gas disclosures under IFRS S2