Global

Details

  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 11/26/2012

Cambodia - Reminder of annual tax, corporate compliance 

November 26: As the end of 2012 approaches, taxpayers with business operations in Cambodia need to be aware of their annual tax and corporate compliance requirements.

Corporate taxpayers must file an annual tax return on profit / corporate income tax with the Cambodian tax authorities within three months following the year-end. The three-month period for the tax year ending 31 December 2012 ends on a weekend (i.e., 30 and 31 March 2012 are weekend days); accordingly, the tax return must be filed on or before 29 March 2013.


The annual return for patent tax also must be filed within the three-month period following the year-end. The 2013 patent tax is based on a flat fee of KHR 1,140,000 (approximately U.S. $285) and, for 2012, is payable by 29 March 2013 (again, since 30 and 31 March 2013 are weekend days).


Enterprises conducting different types of business activity or in different cities or provinces must obtain a separate patent tax certificate, and payment is required for each activity and location.


Read a November 2012 report [PDF 988 KB] prepared by the KPMG member firm in Cambodia: Annual Tax Compliance (November 2012)




©2012 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.


The KPMG logo and name are trademarks of KPMG International.


KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.


The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.


Direct comments, including requests for subscriptions, to go-fmtaxnewsflash@kpmg.com.
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.

 

Share this

Share this

Subscribe

Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)


Already a Subscriber? Login


Not a member? Subscribe now

Contact us