close
Share with your friends

Cambodia: System for e-filing income tax returns; tax relief (COVID-19)

Cambodia: System for e-filing income tax returns

The General Department of Taxation has set up an online system for taxpayers to file income tax returns electronically. The “e-filing” is effective for income tax returns for 2020. Notification No. 1861 GDT (28 January 2021) announces the establishment of this e-filing system for income tax returns.

1000

Related content

Notification No. 1861 GDT (28 January 2021) announces the establishment of this e-filing system for income tax returns.

The tax authorities also announced that the date for filing the return and paying the tax is 31 March 2021 (or three months after the year-end for those taxpayers that are not on a calendar year).

Taxpayer enterprises with several branches must file income tax returns based on the consolidated result of the head office and all branches (attached with separate list of income and expense, and fixed asset schedule for each branch). Multi-project enterprises must declare and pay annual taxes separately. Finally, staff or tax service agents representing and filing monthly and annual tax returns on behalf of a taxpayer must have staff identification or written authorization letter from the taxpayer to the tax service agents.

A separate guidance item (Prakas 009 MEF.Prk (12 January 2021)) from the Ministry of Economy and Finance sets out the criteria for taxpayer classification (as small, medium or large taxpayers). The taxpayer classification is based mainly on the form of the enterprise, the amount of turnover, and the sector in which the taxpayer operates (for instance, agricultural, industrial or service and commercial).

COVID-19 tax relief

Letter No. 006 GDT (4 January 2021) issued by the tax authorities implements the government’s seventh round of tax relief measures in an effort to address the economic effects of the coronavirus (COVID-19) pandemic on certain industries such as the tourism sector, housing developers, and banks and microfinance institutions.

For instance, the tax relief provided the tourism sector allows registered hotels, guesthouses, restaurants, and tourist agency companies located in certain areas a continued exemption from payment of monthly taxes until the end of March 2021, and a continued exemption from the income tax on minimum income. A tax return declaration for 2020 is still required to be filed.

Read a February 2021 report [PDF 211 KB] prepared by the KPMG member firm in Cambodia

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal