Cambodia Clarifies Withholding Tax Due at Time of Accrual
Cambodia's General Department of Taxation recently published Instruction GDT- 12350 of 20 April 2023, which provides guidance on the timing of withholding tax obligations. The instruction clarifies that withholding tax on relevant expenses becomes due at the time the payment is made or the expense is recorded in accounting books. In accordance with Cambodian International Financial Reporting S…
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