Friday, September 23, 2016

Minimum tax poised to fall

23 September 2016

Tax professionals have hailed the government’s declared intention to scrap one of the most controversial elements of Cambodia’s tax system, eliminating the 1 percent minimum tax that increases the tax burden of companies and constricts their cash flows. Meanwhile, the removal of the minimum tax could encourage more international companies to invest in Cambodia.  

Source:
http://www.phnompenhpost.com/business/minimum-tax-poised-fall

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