Income Tax....

phuketrichard · Post by **phuketrichard** » Fri Sep 16, 2016 7:53 pm

how would they know if u earned anything??
they cant even collect tax from their own citizens in their own country

PSD-Kiwi · Post by **PSD-Kiwi** » Fri Sep 16, 2016 8:26 pm

^ exactly. Although it is possible they may investigate people who are receiving regular large sums of money from overseas into a local bank account?

Luigi · Post by **Luigi** » Fri Sep 16, 2016 10:04 pm

PSD-Kiwi wrote:^ 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.

That is a very interesting bit of information. I think I'll not stir that pot.

Does it mention the possible fines or seizures for an offense?

Post by **Username Taken** » Fri Sep 16, 2016 10:24 pm

PSD-Kiwi wrote:^ 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.

So if I spend 365/6 days a year in the Kingdom, I am considered (is that the same as 'deemed to be") a resident. So surely I am eligible for residency.

I already pay tax, have dependent children, etc.

Why do there have to be so many hoops to jump through (and $$$ to pay).

A Khmer who lives and works legally in Australia for 2years (I think) is eligible to apply for Oz citizenship.

PSD-Kiwi · Post by **PSD-Kiwi** » Mon Sep 19, 2016 9:23 pm

Haha, if only they made it that simple.

You are considered/deemed to be (same thing?) a "Resident for tax purposes" only.

Post by **Username Taken** » Mon Sep 19, 2016 9:34 pm

^^ Just had one of those deja vu moments.

Thanks for reposting.

John Bingham · Post by **John Bingham** » Mon Sep 19, 2016 10:22 pm

phuketrichard wrote:how would they know if u earned anything??
they cant even collect tax from their own citizens in their own country

They have been getting a lot more efficient at it in recent years.

Luigi · Post by **Luigi** » Tue Sep 20, 2016 12:57 pm

I'm sure this has all been covered before. Well here it is again if you missed it.

An MoU between USA & Cambodia: A delightful 49 page light reading. Cures insomnia.
http://www.tax.gov.kh/files/IR/MOU_FATCA(Signed)150.pdf

A briefing on topic:
http://www.movetocambodia.com/working-i ... dia/taxes/

An English edition of Cambodia's tax laws;
http://www.tax.gov.kh/en/btos.php

Yet I still do not know if a pension is considered a salary.
Anyone?

cpandrea · Post by **cpandrea** » Tue Sep 20, 2016 1:19 pm

the new pwc booklet
http://www.pwc.com/kh/en/publications/a ... ooklet.pdf

Sailorman · Post by **Sailorman** » Wed Sep 21, 2016 10:23 am

This may get interesting if Cambodia signed agreements with America. All of my retirement accounts in America are untouchable except for collection of federal income tax, court ordered spousal and minor child support. This is covered under various state and federal laws with the overriding one being 46 United States Code 111109, which states except for the before mentioned exceptions, a merchant mariners wages and wages "accruing" cannot be touched. This could get interesting if Cambodia wants to keep getting money from "Uncle Sugar," as all of my money is wages accruing from being a merchant mariner.

An example of 46USC111109 is that if I run up a big Visa credit card bill and don't pay it, the Visa provider can't touch a merchant mariners wages, wages paid into a bank account and/or wages accruing in a retirement account.

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