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Details

  • Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 2/11/2014

Cambodia - Treatment of interest expenses 

February 11:  Cambodia’s tax authority issued guidance—Instruction Circular no. 151GDT (22 January 2014)—to explain further how interest expenses will be treated for tax purposes.

The guidance provides rules concerning:


  • No deemed withholding tax on an interest expense
  • No deemed interest for profit tax purposes when interest-free loans or lower than “market rate” loans are involved
  • When loan interest is at a rate higher than “market rate interest”

Read a January 2014 report [PDF 495 KB] prepared by the KPMG member firm in Cambodia: Instruction Circular on Tax Determination on Interest Expenses of Enterprises




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