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 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...
by P.J. | 2:12 PM 26, Sep 2023 | Advocacy, General Department of Customs and Excise, General Department of Taxation, Ministry of Commerce, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description In some specific cases, investment projects can be hindered or significantly delayed where, for any reason, access to normal government services such as registration and licencing can be denied despite the investors...
by P.J. | 2:04 PM 26, Sep 2023 | Advocacy, General Department of Taxation, Ministry of Commerce, Tackled, Tax & Governance, Tax & Governance Issue Tackled
Solved Temporary Solution Issue Description In 2019’s White Book, EuroCham encouraged the Royal Government of Cambodia (RGC) to adopt four important new commercial laws: the Law on Competition, the Law on E-Commerce, the Law on Commercial Contracts, and the Law on...
