- PLT shall only be imposed one time on the first supply within the supply chain
- Impacted taxpayers should be aware of proper time of supply rules for PLT compliance
- Effective from 11 March 2024, new Sub-decree covers rules and procedures for VAT in Cambodia
- Updates include coverage of E-commerce services, extended period for input VAT claim, and VAT refund for Qualified Investment Projects
- VAT reverse charge on imported services and transfer of business as a going concern also addressed
- Entire Chapter 11 added for rules on VAT on E-commerce activities in Cambodia
- Any regulations contrary to the Sub-decree shall be abrogated
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
