Logo of Phnom Penh Post newspaper Phnom Penh Post - Lawyers complain to Bar regarding new tax

Lawyers complain to Bar regarding new tax

Members of the Bar Association of the Kingdom of Cambodia attend a meeting in October in Phnom Penh.
Members of the Bar Association of the Kingdom of Cambodia attend a meeting in October in Phnom Penh. Photo supplied

Lawyers complain to Bar regarding new tax

Law firms, which were exempt from paying taxes before reforms were introduced last year, will have until the end of this year to comply with their new obligations under the tax law, a spokesman for the Bar Association of the Kingdom of Cambodia (BAKC) said yesterday.

Representatives of the BAKC, lawyers and officials from the justice and finance ministries yesterday held a workshop for legal professionals to address uncertainties surrounding their tax requirements.

Firms were previously required only to register with the bar association, which licenses legal practitioners, and not with the General Department of Taxation.

However, regulations introduced last year require firms to pay tax on profit, VAT and salary withholding tax. But with many lawyers registered as individuals, confusion has since arisen about their obligations.

Yim Sary, spokesman for the BAKC, said firms would this year need to declare their income, but would not be required to pay dues until next year.

He said the amount of tax would depend on the practices’ size and income, with those earning less than $25,000 exempt, but that the process of how practising law firms would pay was still being worked out.

“It is just the beginning of a process which is very complicated,” Sary said.

Lawyer Khut Keovutha said he wanted more clarity on the status of lawyers under the tax law. “We are not against the tax duty, it is a law, but we want to make sure,” he said.

Finance Ministry and Taxation Department officials could not be reached for comment.

MOST VIEWED

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • Stock photo agencies cash in on Khmer Rouge tragedy
    Stock-photo companies selling images from S-21 raises ethics concerns

    A woman with short-cropped hair stares directly into the camera, her head cocked slightly to the side. On her lap is a sleeping infant just barely in the frame. The woman was the wife of a Khmer Rouge officer who fell out of favour, and

  • Defence Ministry denies weapons in smuggling case came from Cambodia

    After a Thai national was arrested last week for allegedly smuggling guns from Cambodia to Thailand, Cambodia's Defence Ministry has claimed the weapons seized during the arrest are not used in Cambodia, despite the fact that both types of rifle seized are commonly found in

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the