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-commerce, including: Expenses on education, and training, including relevant study materials and electronic study materials (including electronic documents, e-books, or videos) supplied by educational institutions that are officially recognized by the competent authority of the countries in which they are established; Overseas lawyer's fees for services supplied by...