Double tax treaty network

On 20 May 2016, Cambodia concluded its inaugural Double Taxation Agreement (‘’DTA’’) with Singapore with the aim of clarifying the taxing rights of both countries on the income flow from cross-border activities, and minimizing the double taxation of such income.
Broadly, the DTA includes a reduced withholding tax of 10% on dividends, interest and royalties. The agreement also facilitates information exchange on tax issues with mutual consent between both countries.
It is expected that this new DTA will lower barriers to cross-border investments and boost trade and economic flows between the two countries. The treaty will become effective after ratification by the government of both countries.
Cambodia is also pursuing further DTAs with other ASEAN countries. It is expected that that Cambodia would look to expend its treaty network beyond AESEAN, especially with significant trading partners such as China or the U.S.
For more information about the DTA between Cambodia and Singapore, please refer to the following article: