Maybe they just thought that they are a non-profit organization and so they do not have to pay VAT?Joon wrote:palm_tree wrote:Joon wrote:The GDT went after Nagacorp to pay back taxes when they realized that the company was making huge profits on non-gaming activities.
https://www.gamblinginsider.com/news/36 ... wing-audit
I didn't see anybody getting outraged on behalf of Nagacorp.
On the contrary, kudos were given to the tax collectors.
So you think this is not politically motivated? It's just purely a tax issue?
It seems everyone agrees that the Cambodia Daily is not making much profit- in contrast to Naga Corp as you mentioned.
The Cambodia Daily played this either very naively or arrogantly over the last two decades and if they are as accountable as they are perceived, showing external audit reports of their Balance Sheet and Profit and Loss would clear that up.
At least the Post had the merit of becoming a corporate entity and make it clear that they are a profit-making business and the bottom line is what they need to continue their operations.
It's so easy to blame and criticize when you haven't actually talked to them to hear why they took the actions they did. The tone of your post is all about passing judgement without having all of the information.