Coffee Talk: Tax Updates – New Regulations

The General Department of Taxation has been busy over the past few months, issuing several new regulations that will change the landscape of Cambodian taxation.

The objective of this seminar is to update you on the latest changes and give you practical information on how this will affect your business’s operations. As a leading tax advisory firm in Cambodia, we have firsthand experience of the changing practices of the tax authorities, and interpreting and applying the relevant regulations – both old and new.

Highlights

• VAT invoices.
• Extension of Suspension of Prepayment of Profit Tax for Garment and Footwear Manufacturers
• Classification of Real Regime Taxpayers
• Method and Procedure on Implementation of Simple Accounting Record for Small Real Regime Taxpayers
• Method and Procedure for Management and Collection of Patent Tax
• Patent Tax Filing and Payment
• New Tax Audit and Protest Procedures
• Tax Arbitration Committee
• Response letter from GDT to the GMAC’s queries regarding PPT suspension and tax audit procedure
• Sub-decree on dropping the 4% registration tax of transferring ownership

Please note that this seminar will be conducted in Japanese.

Attendance is free, and light refreshments will be provided. Seats are limited and will be allocated on a first-come, first-served basis. RSVP to Yumi Ishimoto at [email protected] or on +855 10 333 109.