On 26 January 2023, Macau published Chief Executive Notice No. 1/2023 in the Official Gazette, which provides for the ratification of the pending income tax treaty with Cambodia. The treaty, signed 23 April 2021, is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Cambodian tax on income, including withholding tax, minimum tax, additional income tax on dividend distributions, and capital gains tax, as well as tax on salary. It covers Macau complementary…