by Guest9999 » Sat Dec 19, 2020 11:51 pm
My friend's khmer wife owns a small school as well. Unfortunately, they just moved into a much nicer building than the one they used to rent. When informed of the move, the tax department demanded she register as a medium sized business. She pointed out that schools in Cambodia have been ordered closed to in person studies nearly 10 of the last 12 months, and that revenue was far, far lower than previous years while expenses were reduced only slightly. It seems a better building is the main thing.
I think the tax department is likely to more angry and aggressive this coming year than ever before. NOT looking forward to it!
My friend's khmer wife owns a small school as well. Unfortunately, they just moved into a much nicer building than the one they used to rent. When informed of the move, the tax department demanded she register as a medium sized business. She pointed out that schools in Cambodia have been ordered closed to in person studies nearly 10 of the last 12 months, and that revenue was far, far lower than previous years while expenses were reduced only slightly. It seems a better building is the main thing.
I think the tax department is likely to more angry and aggressive this coming year than ever before. NOT looking forward to it!