- Cambodia has clarified that supplies made by non-resident e-commerce suppliers to Cambodian financial institutions are not subject to VAT.
- This clarification provides clarity on the tax treatment of such supplies and ensures that non-resident e-commerce suppliers are not required to charge VAT on transactions with Cambodian financial institutions.
- The clarification aims to support the growth of the e-commerce sector and facilitate transactions between non-resident suppliers and Cambodian financial institutions.
- It helps create a favorable business environment for non-resident e-commerce suppliers operating in Cambodia.
- The clarification aligns with the government’s efforts to promote digital commerce and attract investment in the country.
Source Orbitax
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