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Oct 20, 2016

Cambodia and China are poised to formalize a Double Taxation Agreement (DTA). China is the largest aid donor and leading source for foreign investment in Cambodia...


Cambodia and China are poised to formalize a Double Taxation Agreement (DTA).  China is the largest aid donor and leading source for foreign investment in Cambodia.  This agreement takes the relationship to a closer more integrated level.  By largely eliminating the risk of double taxation through the DTA, Chinese investors do not need to worry that they will face a tax burden on the same income in both Cambodia and China. Investors value transparency in taxation as without such it is difficult to make a meaningful analysis on expected net return on investment prior to deploying capital.  Because of this, the DTA should be expected to encourage more Chinese investment in Cambodia both through increased transparency and the effective lowering of the overall tax burden. Moreover, on a symbolic level, the agreement represents the closeness that China and Cambodia enjoy in their diplomatic and commercial relations.   

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Sciaroni & Associates is a leading professional and investment advisory firm doing business in Southeast Asia since 1993. Based in Cambodia with legal offices in Laos and Myanmar, we provide experienced advice and business insights to many of the world’s leading companies, governments, economic think tanks, global development funds, international NGOs and the Royal Government of Cambodia in accordance with strict international standards.
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