The GDT informed directors, managers and owners of companies, enterprises and nongovernmental organisations of the launch of the electronic filing system (E-Filing System) on Feb 27, 2020. 

It developed the ToI E-Filing system to facilitate the declaration and payment of annual income tax returns in order to strengthen the tax services’ effectiveness, efficiency, transparency and make filing quick, easy and cheaper.

 

 

It added those who already hold user accounts and use the E-Filing System for their monthly tax payments do not need to register again. They can use their existing accounts to use the E-Filing system.

 

 

E-filing is good for facilitating the workflow of a company and saves time as staff will no longer need to go to the tax office or bank because the system includes an e-payment facility that eight commercial banks are cooperating with in association with the tax department.

 

 

The announcement added that companies, enterprises and nongovernmental organisations defined as medium and large must declare their annual income tax by using the ToI E-Filing within three months of each year-end.

According to Khmer Times