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Cambodia Clarifies Supplies to Cambodian Financial Institutions by Non-Resident E-Commerce Suppliers Not Subject to VAT

|Approved Changes|Cambodia
Cambodia

Cambodia's General Department of Taxation (GDT) has issued Letter No. 29613 to define the supplies (expenses) provided to Cambodian financial institutions by non-resident e-commerce suppliers that are considered non-taxable supplies for VAT purposes. This allows Cambodian financial institutions to exclude certain expenses from the reverse charge mechanism under Cambodia's VAT rules for e-commer…

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