Forvis Mazars in Thailand technical update - July 2026

Forvis Mazars in Thailand’s Technical Update - July 2026 contains a number of interesting articles on Tax, Legal, Accounting, IFRS and Sustainability that will be important to your business.

Tax

  • Thailand updates tax penalty and surcharge relief framework

Legal

  • BOI introduces quarterly project progress reporting requirement
  • Extends reduced land transfer and mortgage registration fees
  • Department of business development moves to a fully digital registration system

Accounting

  • Climate risk in financial reporting: when business conditions change, accounting assumptions should follow

IFRS

  • IAS 28: amendments to the fair value option published
  • Post-implementation Review of IFRS 16: IASB continues redeliberations
  • Amortised Cost Measurement project
  • Appointments to IFRS Interpretations Committee
  • IFRS 18: more submissions to IFRS IC

Sustainability

  • ISSB continues its discussions on nature-related disclosures

Document

Technical update - July 2026

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Director - Legal Practice WP&VISA Chalermpon Tanopajai
Chalermpon Tanopajai Director - Legal Practice WP&VISA - Bangkok

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