SMEs urged to comply with tax changes

The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, said officials are organising training to help SMEs comply with the “real tax” regime. The government began abolishing the old estimated regime for tax payments in 2015. All businesses with more than $125,000 a year in turnover were to register to be taxed under the more rigorous real regime by the end of last year. …

 

Sok Chan
http://www.khmertimeskh.com/news/38595/smes-urged-to-comply-with-tax-changes/