Real Practical of Cambodia Taxation and The Effective Way to Complete Tax Return

Training on
Real Practical of Cambodia Taxation and The Effective Way to Complete Tax Return
Date: 14-15 September 2013                               Venue: Restaurant/Hotel
  Time: 8:00am-17:00pm                                        Language: Khmer/English

This seminar will provide you the core knowledge and major technical of the existing law on taxation and its related provision by applying the real practical experience of monthly and annually tax return. This interactive course not only provides you the tax skill but also the concept for recording all type of tax into accounting system. The course will help and guide accountants and tax persons to become the professional staffs and perform the effective tax work and accounting task which involve with tax matter. The course will emphasize and detail about Tax on Salary, Tax on Fringe Benefit, Withholding Tax, Prepayment of Profit Tax, Public Lighting Tax, Tax on Accommodation, Specific Tax on Certain Merchandises and Services, Valued Added Tax, Patent Tax, Minimum Tax and Annual Profit Tax. Besides, we will extent to discuss about the obligation and rights of taxpayers, Fine and Penalties for not complying tax law, and also the power of tax administrator to collect tax.

Training Objectives
At the end of this informative and practical training course, the participants will be able to:
  • Know the system of taxation and all type of tax applicable in Cambodia
  • Understand the core principle and major concept of the existing law on taxation and its related provision
  • Identify the key problem and issue related to tax work   
  • Understand the technical skill and the effective ways to calculate monthly and annually taxes included but not limited to tax on salary, tax on fringe benefit, withholding tax, prepayment of profit tax, public lighting tax, tax on accommodation, specific tax on certain merchandises and services, value added tax, patent tax and annual profit tax.
  • Prepare the standard tax documents
  • Understand the proper way to record all type of tax into accounting system
  • Complete all type of monthly and annually tax return  
  • Understand the obligation and rights of taxpayers.
  • Know about the type of fine and penalties for not comply tax law
  • Understand the power of tax administrator to collect tax

Training Modules and Contents
1. System of Taxation in Cambodia
  • Type of tax system
  • Criteria for defining real regime system
  • The different of the obligation of taxpayer under each system
2. Tax on Salary (ToS) and Tax on Fringe Benefit (ToFB)
  • Definition of salary and fringe benefit
  • Salary subject to ToS and exempt from ToS
  • Method for calculation ToS and ToFB
  • Practice exercise
  • Guide to complete return for tax on salary and fringe benefit
3. Withholding Tax (WT), Prepayment of Profit Tax (PoPT) and Minimum Tax (MT)
  • Definition of resident and non-resident
  • Expense subject to WT
  • WT on payments made to a Resident
  • WT on payments made to a Non-Resident
  • WT exemption
  • PoPT
  • MT
  • Practice exercise
  • Guide to complete return for withholding tax and return for prepayment of profit tax
4. Specific Tax on Certain Merchandise and Services (STMS), Tax on Accommodation (ToA) and Public Lighting Tax (PLT)
  • Local goods and services subject to STMS
  • The different between the basic calculation of STMS for goods imported and goods produce in Cambodia
  • ToA
  • PLT
  • Practice exercise
5. Valued Added Tax (VAT)
  • Definition of core words related to VAT
  • Taxable supply and Non-taxable supply
  • Taxable person and taxable value of goods and service
  • VAT input credit VS VAT input non-creditable
  • Procedure for calculation VAT
  • Procedure for request to refund VAT Input credit
  • VAT invoice VS Commercial Invoice
  • Obligation of taxable person
  • Practice exercise
  • Guide to complete purchase journal, sale journal and return for valued added tax
6. Patent Tax (PT)
  • PT payment for new business and existing business 
  • Practice Exercise
  • Guide to complete return for patent tax
7. Tax on Profit (ToP)
  • Definition of core words related to TOP
  • Source of taxable income and non-taxable income
  • Allowable expense and non-allowable expense
  • Criteria for deduction preliminary and formation expense
  • Allowable and non-allowable tax expense
  • Allowable charitable contribution
  • Allowable interest expense
  • Tax depreciation VS accounting depreciation
  • Rules on carry forward of tax loss
  • Procedure for calculation TOP
  • Practice exercise
  • Guide to complete return for annual profit tax

Training Methodology
Pre and Post training evaluation: it is used to assess the changes of trainees’ skills, knowledge and attitude before and the end of seminar.

Presentation: The trainer will present the subjects whilst participants actively listen, and take notes. Participants will be encouraged to express their comments by asking questions and providing answers from their personal experience.

Group/panel discussion: Participants are assigned to work in small groups through brainstorming, discussion, outlining, selecting and analyzing ideas, which allows participants to contribute their comments and experiences to the whole group. This enables participants to respond and react to each other’s contributions, and allows individuals and groups to engage with and discuss their comments with the class as a whole.

Role Play: Participants will have the opportunity to improve their skills, attitudes, and perceptions in real situations through role-play. Participants are encouraged to be creative, flexible and to act out actual conditions, which will enable participants to express their personal experiences of customer-service situations.

Activities: In order to make the training more active and to facilitate a friendly environment, participants will be introduced to a variety of activities that are designed to entertain, stimulate interest and maintain alertness, as well as fostering the recall of information and skills.

Case Studies: In order to assist participants to visualize what they have learnt into actual practice, many case studies will be introduced. Participants will have to work as a team to reflect their understanding.

Question and Answer: It encourages participants to discover their confusing and/or unclear part of the subjects and ask question to clarify, whilst all participants can actively listen and absorb at the same time.

Trainer’s Credentials
Mr. SEAN Soeurn has a BBA in the field of Accounting from the Royal University of Law and Economics. Soeurn is pursuing ACCA at CamEd Business School and also holds a Diploma of Cambodia Taxation from this school. He currently works for one of the leading MFI as Head of Tax and Compliance Unit. He has more than 7 years of tax and accounting experience with various type of business sector included MFI, International Accounting Firm, Education and NGO. His extensive experience allowed him to involve and manage various tax assignments and exercises such as monthly and annually tax compliance, tax audit assistance, tax health check, tax advisory and tax due diligence of securities firms, manufacturing companies, garment industries, trading companies, tourism companies, pharmaceutical industries, educational centers, service enterprises and qualified investment projects. He also actively involves with bookkeeping and manages accounting work. Besides, He has almost 5 years training experiences on tax and accounting at one of the leading university and NGO. The main subjects he had trained are principle of accounting, financial accounting, accounting software (QuickBooks and Peachtree) and law on taxation. 

Who should attend the course?
This training course is designed for new and existing accountants, admins, tax agencies, supervisors, managers and other staffs involve and responsible for tax work for NGOs, Service Enterprise, Educational Sector, Clinic and Pharmaceutical Sector, Tourism Company, Hotel and Guest House, Restaurant, Trading Company, Garment & Manufacturing Company, Qualified Investment Project, Banking and MFI. It is also suitable for employees and fresh graduated student who have the basic concept of taxation.

What will be included with the training course?
  • Group photo of participants
  • Training materials
  • Certificates are awarded by LIFE
  • Free two lunches and four refreshment

Training Fee 
Training fee: US$ 120 per person
Deadline Registration: 13 September 2013

If you register before deadline:
  • Get 5%- discount for sending 1- 2 staff
  • Get 10%- discount for sending 3-5 staff
  • Get 1 Free for sending more than 5 staff
SPECIAL OFFER: If you register one week before deadline: $99

More information
Tel:              093 777776, 069 5555 66
Add:            #45E, St 488, Sangkat Phsar Derm Thkov, Khan Chamkamorn
Email: /
Please mention "www.Cambodiajobs.Biz" where you saw the ad when you register or apply!



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Cambodia Jobs: Real Practical of Cambodia Taxation and The Effective Way to Complete Tax Return
Real Practical of Cambodia Taxation and The Effective Way to Complete Tax Return
Cambodia Jobs
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