Practical Cambodian Taxation
Cambodian Taxation Law enforcement is the obligation of all natural persons and legal entities must be implemented. Taxation law is a major risk factor among others which business owners need and must understand and analyze to avoid serious penalties and fines. The tax risk can be occurred due to two main factors such as the lack of a deep understanding of legal obligations, how to fill in a tax form and how to implement it.
- Overview the applicable taxation in Cambodia
- Scope of VAT,
- Time and place supply rules,
- Commercial Invoice and Tax Invoice,
- Accepted methods of VAT calculation,
- VAT of supplies and imports,
- Zero-rated supplies for:
- Supporting industry or contractor supplying
- Export-oriented garment, textile, and footwear industry.
- The VAT on supply and export of rice.
- The VAT on agricultural imports.
- VAT input, output and carried forwards
- The practice of VAT calculation and case studies
- How to record an accounting journal entry
- Prepayment Profit Tax
- Minimum Tax
- Turnover
- The basic calculation of ToP
- Illustration of basic ToP
- Concept of Patent tax
- Procedure and form of Patent declaration
- Overview of withholding tax
- WHT tax rate for resident and non-resident taxpayer
- Exemption of WHT
- Introduction and illustration to withholding tax calculation
- Discussion on WHT issues and case studies
- How to record an accounting journal entry
- The Scope of Tax on Salary
- Income subject to tax on salary
- Introduction to the computation of salary tax
- Allowance, fringe benefits, reimbursements
- Case study and how to file in the Tax form
- Scope of Tax on Profit
- Deductible expenses, non-deductible expense,
- Depreciation and amortization
- Tax implication of being a Qualified Investment
- Allowable Donation and Non-allowable donation
- Allowable Interest expense and interest expense carried forward
- Comprehensive computation of annual tax return
- Module 8: Annual Tax on Profit – II
- Comprehensive computation of annual tax return
- Specific tax,
- Public lighting tax,
- Accommodation tax
- Registration tax
- And Property tax
Tax Officer , General Department of Taxation Royal Government of Cambodia
Mr. SUON Seima is currently working for the General Department of Taxation of the Royal Government of Cambodia as a Tax Officer.
Mr. SUON Seima used to work as a Consultant to the Council for Administrative Reform Project, and Market Researcher at Narita Transport Co., Ltd. Apart from working in business companies, he has been tutoring Cambodian Taxation, Economics, Finance, International Business, Public Finance, and Operation Management at various renowned university renowned universities such as Pannasatra University of Cambodia (PUC) and Builds Bright University (BBU).
With high distinction, Mr. SUON Seima successfully graduated with Master's Degree of Business Administration majoring in International Public Management in 2005 at Asian Institute of Technology (AIT) in Thailand, Specialized Master in Project Management at Ecole Superieur de Commerce de Paris (ESCP-EAP) in 2005 in Finance, and a Bachelor of Business Administration - Double diploma, Faculty of Law and Economics of Cambodia and Cambodia and French Bachelor of Economics at Universite Lumiere Lyon in France - in 2003.
- Understanding of the regulations and laws which are current practices related to the Cambodian Taxation Law.
- Discussion on issues relevant to the implementation of the current practices.
- Preparation of the Monthly Tax Declaration and Annual Taxes to the Tax Department
- How to calculate the amount tax due to be paid to the Tax Department.
- Be able to calculate payrolls
This exciting training course is suited to professionals like Accountants, Tax Personnel or SME owners who want to understand the Cambodian Taxation concepts. This course is also designed for business managers in the private or non-profits sectors who want to learn more and to understand in deep of the implementation of the Law on Taxation. This course is REALLY practically conducted by a Tax Consultant who has worked in many industries.
Course Detail
- Trainer :Suon Seima
- Class Start :06 May 2017
- Class End :07 May 2017
- Seat Availble :25 Seats
- Time : 08:00 - 05:00
- Fee :230 $
- Early Bird : 190 $
- venue :Hotel/Restuarant
