by Chloé Camus | 4:12 PM 25, Apr 2024 | Advocacy, General Department of Taxation, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description Taxation is a complex area. However, an effective and sustainable self-assessment tax system requires that taxpayers have a clear understanding of tax provisions and voluntarily comply with them. The current tax law and...
by Joachim Dautais | 11:26 AM 19, Apr 2024 | Advocacy, General Department of Taxation, Resolved, Tax & Governance, Tax & Governance Issue Solved
Solved Temporary Solution Issue Description Our members have reported that in a given situation where a tax provision is not clear, or there is no express mention in the law, and there is no express guidance provided by the GDT, the tax auditor always choose to...
by Joachim Dautais | 2:02 PM 11, Apr 2024 | Advocacy, General Department of Taxation, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description Article 215 of the Law on Taxation outlines the responsibilities that arise from the transfer of a business or shares, and during mergers, as follows: “In the event of a business transfer or share transfer, the new...
by P.J. | 9:29 AM 8, Apr 2024 | Advocacy, Digital & Technology Issue Solved, Digital and Technology, Ministry of Posts and Telecommunications, Resolved
Solved Temporary Solution Issue Description The Royal Government of Cambodia is clearly committed to increasing the standards of education throughout the Kingdom, demonstrated by the continued trend of education receiving the highest allocation in the National Budget,...
by Joachim Dautais | 2:53 PM 16, Nov 2023 | Advocacy, General Department of Customs and Excise, Tackled, Transport & Logistics Issue Tackled, Transport and Logistics
Solved Temporary Solution Issue Description Pre-arrival processing (PAP) involves traders or businesses sending information about their shipments ahead of their arrival to the Customs authority of the destination country. This allows the Customs officials to assess...
by Leeza Chang | 2:50 PM 14, Nov 2023 | Advocacy, General Department of Taxation, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description The promulgation of the Law on Financial Management 2013 introduced the provision to subject the transfer of shares within a Cambodian company to a stamp duty of 0.1% of the value of shares. While this practice is...
