5 Major Developments in Cambodia

5 Major Developments in Cambodia

• Procedures for requesting Input VAT Credits and VAT Refunds

• Cambodia earns $34.35 million e-commerce VAT from Facebook

• GDT earns $46 million on e-commerce VAT income

• Specific tax rates on locally produced non-alcoholic beverages

• Implementation of VAT on imported cigarettes

Customs

• Key Features of Cambodia’s New Law on Rules of Origin

Deduction (Input Tax Credit)

• Announcement on VAT Refund Deadline and Procedures

• Procedures for requesting Input VAT Credits and VAT Refunds

E-Commerce / Electronic Services

• GDT earns $46 million on e-commerce VAT income

• Cambodia earns $34.35 million e-commerce VAT from Facebook

Excise

• Updated rates of Specific Tax (SPT) for locally produced non-alcoholic beverages

Implementation / Reform

• Cambodia to Implement Tobacco VAT

Importation

• New Tobacco Taxes Predicted to Generate $53M for Kingdom

Rate

• VAT rate of 10% on all cigarette supplies

• Updated rates of Specific Tax (SPT) for locally produced non-alcoholic beverages

• Specific tax rates on locally produced non-alcoholic beverages

Refund

• Announcement on VAT Refund Deadline and Procedures
• Procedures for requesting Input VAT Credits and VAT Refunds

Reporting / Compliance

• Procedures for requesting Input VAT Credits and VAT Refunds

Taxable Transaction

• VAT implementation on cigarettes in Cambodia could save thousands of lives

• Cambodia Imposes VAT on Cigarettes

• Implementation of VAT on imported cigarettes