Income Tax....
Income Tax....
Apparently, Cambodia taxes income generated worldwide (retirement pensions, interest on income), if one spends more than 180 days a year in the country.
Question: Has anyone been bothered by the taxman and Is this actually being enforced (especially on ppl who do not work anymore)?
Question: Has anyone been bothered by the taxman and Is this actually being enforced (especially on ppl who do not work anymore)?
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Bitte_Kein_Lexus
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frank lee bent
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Re: Income Tax....
well if you have a shopfront a guy may come round once in a while and you could give him $50
or you can comply and pay 10%
will change in 20 years a little
but how do you think they would know about global income?
or you can comply and pay 10%
will change in 20 years a little
but how do you think they would know about global income?
Re: Income Tax....
Definitely not enforced.
Re: Income Tax....
My bank called & asked me to drop by and fill out a W9 form per request from US IRS. Seems strange to me.
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phuketrichard
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Re: Income Tax....
thailand is same ;
US is making all overseas banks ask for the the w9 to catch American with Money overseas.also
DONT keep more thna $10,000 in all ur overseas accounts unless u want report it
US is making all overseas banks ask for the the w9 to catch American with Money overseas.also
DONT keep more thna $10,000 in all ur overseas accounts unless u want report it
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: Income Tax....
I went to Abba to see if this was all legit. Indeed nthey had a W9 ready for me.
I solved the issue by closing my Abba account. Then opened a coffee tin account.
Sorted.
I solved the issue by closing my Abba account. Then opened a coffee tin account.
Sorted.
Re: Income Tax....
Does the US have a MoU with ALL overseas banks? Seems unlikely.phuketrichard wrote:thailand is same ;
US is making all overseas banks ask for the the w9 to catch American with Money overseas.also
DONT keep more thna $10,000 in all ur overseas accounts unless u want report it
Re: Income Tax....
Rereading your post I now have a misunderstanding.Suksan1 wrote:Apparently, Cambodia taxes income generated worldwide (retirement pensions, interest on income), if one spends more than 180 days a year in the country.
Question: Has anyone been bothered by the taxman and Is this actually being enforced (especially on ppl who do not work anymore)?
Are you suggesting Cambodia taxes their citizens living world wide.
Or anyone residing in Cambodia more than 6 mos. per year?
Re: Income Tax....
^ Any person considered resident of Cambodia (spends 180 + days per year in Cambodia), is liable to pay taxes to the Cambodian government on any overseas income.
It's detailed in the the law on taxation, English translations are available online if you want to read.
It's detailed in the the law on taxation, English translations are available online if you want to read.
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