On the 10 May 2018, EuroCham Cambodia held a breakfast seminar in Phnom Penh on Tax for Non-Profit Organizations. At this event, the tax compliance obligations of Associations, NGOs, and Social Enterprises operating in Cambodia were comprehensively outlined, with particular reference to the new Prakas 464.
Our Cambodia Tax Country Associate Director, Mr. Borapyn Py, with over nine years of tax advisory experience in Cambodia and Thailand, provided important updates and analysis on various taxation issues including the scope and extent of tax exemptions.
With particular attention to NGOs and similar organizations, the presentation also featured discussions on recent changes to tax registration and compliance obligations, new tax exemptions, income and salary tax, VAT, import duties, and audits. The well-attended seminar was also bookended by a Q&A session where those present were glad to have their tax queries and concerns decisively addressed.