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 Leeza Chang | 4:09 PM 30, May 2024 | Advocacy, Ministry of Land, Management, Urban Planning and Construction, Real Estate & Construction Issue Tackled, Real Estate and Construction, Tackled
Solved Temporary Solution Issue Description The Ministry of Land Management, Urban Planning and Construction is currently drafting a Construction Law which will incorporate a Building Code, setting safety and quality standards for construction projects,...
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 | 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...
