by Chloé Camus | 2:34 PM 30, Jul 2024 | Advocacy, Fast Moving Consumer Goods, Fast Moving Consumer Goods Issue Tackled, Ministry of Commerce, Ministry of Health, Tackled
Solved Temporary Solution Issue Description Underage drinking is a significant issue not only in Cambodia but also globally. According to the latest Cambodia Demographic and Health Survey 2021-2022, 36% of Cambodians aged 15 to 19 consume alcohol, with many starting...
by Chloé Camus | 10:07 AM 24, Jul 2024 | Advocacy, Royal Government of Cambodia, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description Under the prevailing tax law and regulations, a taxable person is entitled to VAT refund if the purchase is made for businesses purposes with proper VAT invoices. To claim a refund, taxpayers must make sure they fulfill the...
by P.J. | 11:20 AM 24, May 2024 | Advocacy, General Department of Taxation, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description The General Department of Taxation (GDT) continues to register considerable success in its drive towards formalising the Kingdom’s taxation system, as evidenced by the strong year-on-year increase in tax revenues that far...
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 | 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 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...
