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Cambodia starts collecting VAT on e-commerce
05 Apr '22
1 min read
Pic: Shutterstock
Cambodia started imposing value added tax (VAT) on e-commerce from April 1 after a three-month delay. On March 28, the general department of taxation cautioned non-resident taxpayers who supply digital goods or services or are engaged in any e-commerce activity to pay VAT. Sixteen global companies have registered for the VAT registration of the department.
This sub-decree covers foreign companies not headquartered in Cambodia, according to Cambodian media reports. This VAT on e-commerce is not a new tax. In 2019, the e-commerce was legally recognised in the country.
The companies are Meta Platforms Ireland Limited, Silverlake Structured Services SDN.BHD, Facebook Technologies Ireland, Huawei Services (Hong Kong) Co., Microsoft Regional Sales Pte., Facebook Payment International, Booking com.BV, Google Asia Pacifice Pte., Netflix Pte., Xsolla (USA), ERNST & Young (Asia-Pacific) Services, Zoho Corporation Pte., TATA Consultancy Services, Siam Makro Public Company, Mastercard Asia/Pacific Pte and TikTok Pte.
Fibre2Fashion News Desk (DS)
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