Cambodia Introduces VATs on Certain Food Items
Cambodia recently introduced a measure to allow certain value-added taxes on certain food supplies as a “state-charge,” according to a March alert from KPMG. The VATs cover certain meat (including cattle, buffalo, goat, sheep, pork, chicken and ducks), eggs, fresh and saltwater fish, sugar, salt, fish sauce and soy sauce. VATs on those products will be “treated as a state-charge” as of Jan. 1, 2020, until Dec. 31, 2021.