Special tax audit unit to promote and expedite the resolution of taxpayer issues related to tax audits
The government issued Sub-Decree No. 160 ANK.BK (dated July 16, 2024) establishing a special tax audit unit to promote and expedite the resolution of taxpayer issues related to tax audits.
In addition, the Ministry of Economy and Finance (MEF) issued Prakas No. 360 MEF. Prk (dated June 19, 2024) implementing Sub-Decree No. 113 (dated May 21, 2024) on the tax incentives for informal economic development, which provides tax incentives for micro, small, and medium enterprises in the following sectors if they voluntarily register with the tax authority within the prescribed period:
Read an August 2024 report prepared by the KPMG member firm in Cambodia