Cambodia Issues Circular on Documentation Requirements for Related-Party Loans
On 18 March 2019, the Cambodian General Department of Taxation (GDT) issued Circular 4909 on the documentation requirements for interest on related-party loans. This includes that taxpayers must maintain the following documentation where interest charged on related-party loans is not at the market interest rate:
- The loan agreement, including the loan period;
- A business plan in relation to the …