Certificate of Cambodian Taxation

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COURSE TITLE	DATE	ORGANIZER
Beginning Auditor Tools and Techniques New	21-22 & 28-29 May	FIC
Certificate of Financial Modeling and Valuation New	21-22 & 28-29 May	FIC
Certificate of Cambodian Taxation New	21-22 & 28-29 May	FIC

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Certificate of Cambodian Taxation

21-22 & 28-29 May 2016

Cambodia’s taxation rules vary according to the taxpayer’s regime. FIC has managed to deliver the most practical courses in this area in order to help SMEs cope with the rising demand for full compliance with Cambodian taxation law.

COURSE OBJECTIVES

To enhance the skills of tax accountants to declare proper taxes and deal with tax audit.

COURSE OUTLINE
Taxation

• General overview of taxation in Cambodia

Minimum Tax

• General overview
• Administration

Withholding taxes

• Definition
• Withholding tax rate
• Dividend distribution
• Rental of movable and immovable property
• Other payments
• Royalties on Intangibles
• Interest from one Resident Taxpayer to another Resident Taxpayer
• Interest paid by a domestic bank to a resident tax payer
• Interest paid by a domestic bank to a resident tax payer with non-fixed term deposit
• Deductibility of withholding taxes

Tax on salary

• General overview
• Residency
• Taxable salary
• Deductions
• Rates of tax
• Practical examples
• Tax on Fringe Benefit
• Administration

Value Added Tax (VAT)

• General overview
• Scope of application
• Exempt goods and services
• Rates of ax
• Basis of taxation
• Commercial and Tax Invoices
• Tax adjustment and credit note
• Practical examples
• Registration
• Administration

Tax on Profit

• Scope of taxation
• Residency and source
• Rates of tax
• Prepayments
• Tax holidays
• Calculation of taxable profits
• Charitable contribution and interest expense calculation
• Special depreciation
• Losses
• Transfer pricing
• Administration

Specific Tax on Certain Merchandise and services

• General overview
• Rates of tax
• Basis of taxation
• Administration

Import and export duties  
Other taxes

• Tax for public lighting
• Accommodation tax
• Tax on house and land rent
• Patent tax
• Fiscal stamp tax
• Tax on immovable property
• Tax on unused land
• Registration tax
• Tax on means of transportation
• Tax stamps

Other Important Issues

• Double Taxation Agreements
• International Agreements
• CDC & Qualified Investment Project
• Statutory Audit Requirement
• Business Registration Procedures
• Sample Invoices and Tax Declaration Forms

TRAINER 
Mr. SAN Chankompheak is a member of the Association of Chartered Certified Accountant (ACCA) and Kampuchea Institute of Certified Accountants and Auditors (KICPAA). He also earned his BA in Economics & Management as a dual program from University of Lyon II (France) accredited at Royal University of Law and Economics (Cambodia). With 8 year experience in the areas of auditing and financial accounting, he is currently a Managing Partner of East Wing Auditing & Consulting dealing with various multinational clients across different industrial fields. He is also a training director of Financial Institute of Cambodia in charge of training programs. Mr. Kompheak is a guest lecture of Financial Accounting to year I MBA students at Royal University of Law and Economics under internationally accredited program from France. He can comment in Khmer, English, French and some Mandarin. 

TRAINING DETAILS

Course:            Certificate of Cambodian Taxation

Date:                21-22 & 28-29 May 2016

Venue:             Financial Institute of Cambodia

Time:               Sat & Sun, Morning: 8:30AM-11:30AM; Afternoon: 1.30-4.30PM (24 hours)

Language:       English handout- Khmer presentation

Fee:                 US$ 150

Free:                learning materials, coffee break and certificate of Completion program.

REGISTRATION
Financial Institute of Cambodia (FIC)
807 Preah Monivong Blvd., Phsar DermThkov, Chamkarmon, Phnom Penh, Cambodia
Tel: 023 726 642  /  017 849 748  /   081 288 858  /  016 301 026
Email: info@fic.edu.kh, sankompheak@gmail.com  Website: www: www.fic.edu.kh