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Prakas No. 525 on the implementation of the withholding tax on interest on domestic and foreign loans of banks and microfinance institutions

Prakas No. 525 on the implementation of the withholding tax on interest on domestic and foreign loans of banks and microfinance institutions aim to ease the burden of interest payment on the domestic and foreign loans of banks and microfinance institutions, as well as to enable banks and microfinance institutions to facilitate the repayment of affected populations by COVID-19 pandemic.

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Prakas No. 525 on the implementation of the withholding tax on interest on domestic and foreign loans of banks and microfinance institutions
 

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Additional Info

Field Value
Geographic area (spatial range)
  • Cambodia
Document reference # 525
Issuing agency/parties
  • Ministry of Economy and Finance
Implementing agencies
  • Ministry of Economy and Finance
Language
  • Khmer
Formal type of document Proclamation
Topics
  • Banking and financial services
  • Taxation
License Creative Commons Attribution Share-Alike
Copyright No
Access and use constraints

By accessing this website or database, users agree to take full responsibility for reliance on any site information provided and to hold harmless and waive any and all liability against individuals or entities associated with its development, form and content for any loss, harm or damage suffered as a result of its use.
Status Signed and in effect
Adoption date/Enacted/Promulgation date/Signing date June 19, 2020
Effective/Enforced Date June 19, 2020
Publication reference Ministry of Economy and Finance
Contact

Ministry of Economy and Finance

Address: St.92, Sangkat Wat Phnom, Khan Daun Penh, Phnom Penh, Cambodia Tel: 855-23-724 664 / Fax: 855-23-427 798 Email: admin@mef.gov.kh
Legacy reference document Prokas_No_525__19_06_2020
Keywords COVID-19,foreign loans,Banks
Date uploaded June 25, 2020, 03:33 (UTC)
Date modified July 8, 2020, 06:02 (UTC)