Cambodia Keyword: Loans

February 20, 2023

The General Department of Taxation (“GDT”) issued a notification announcing the 2022 market interest rates for loans. The rates were determined by calculating the average annual interest rate of 11 large local commercial banks. They are as follows: The above interest rates are to be used for the implementation of withholding tax obligations on fringe […]

February 28, 2022

With a lack of thin capitalization rules in Cambodia, interest free loans have been the norm for many Multinational Enterprises funding their investment and ongoing operations in Cambodia. However, loss making or small profit margin Cambodian Taxpayers with interest free loans have found themselves facing large tax reassessments over the past three and a half […]