The General Department of Taxation has extended the deadline to 31 December 2015, for companies and enterprises under the "Department of Large Taxpayers" to update their information.
Large companies subject to this reporting rule and that fail to update their information will be subject, beginning in 2016, to various penalties or sanctions including disallowed value added tax (VAT) credits and VAT refunds, export-import "stop orders" and suspension of other tax department assistance.
Read a December 2015 report [PDF 186 KB] prepared by the KPMG member firm in Cambodia: Technical Update (December 2015)
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