Cambodia, Vietnam ink double taxation agreement

• Apr 04, 2018

Cambodia has signed a double taxation agreement with Vietnam that protects each country’s nationals from dual taxation, according to a news release from the General Department of Taxation released on Tuesday.

The agreement was signed on Saturday on the sidelines of the Greater Mekong Subregion Summit held in Hanoi.

Chou Vichith, secretary of state at the Ministry of Economy and Finance, signed the agreement with Vietnamese Vice-Minister of Finance Tran Xuan Ha at a ceremony attended by both countries’ prime ministers.

Details of the agreement have not yet been released.

According to the tax department, the agreement with Vietnam brings the total number of double taxation agreements signed by the Kingdom to five, including deals with Singapore, China, Brunei and Thailand. Negotiations with Malaysia, the Philippines, South Korea and Japan are ongoing.

Source: https://www.phnompenhpost.com/business/cambodia-vietnam-ink-double-taxation-agreement