Tax pulled after mutiny

7 July 2017
The Phnom Penh Post
Banking and financial services / Taxation
Cambodia Microfinance Association / General Department of Taxation (GDT) / Value Added-Tax (VAT)

Just one day after the Kingdom’s microlenders mutinied and said they would not implement a government directive requiring all financial institutions to implement a 10 percent value-added tax (VAT) on fees for financial services, the Tax Department announced it would back down and temporarily suspend the controversial decree. …

 Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-pulled-after-mutiny

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