Cambodia Introduces New Requirements for Related Party Loans
Cambodia's General Department of Taxation (GDT) issued Instruction no. 10979 GDT on 25 May 2022, which updates and replaces prior guidance and rules on related party loans. It was previously provided that interest on related-party loans must be determined by applying the arm's length principle. Under Instruction no. 10979, it is provided that taxpayers can apply interest rates under related pa…
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