On 20 May 2016, officials from Cambodia and Singapore signed an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Cambodian tax on profit, including withholding tax, additional profit tax on dividend distributions and capital gains tax, and tax on salary. It covers Singapore income tax.
Permanent Establishment
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise fur…