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Firms get tax alert

Pech Sotheary / Khmer Times Share:

The Finance Ministry’s general department of taxation yesterday summoned the owners of three companies to settle tax debts, threatening legal action if they fail to comply.

Those summoned are Rory Martin Hunter, the owner of Brocon Investment Company, Kao Chou, the owner of Por Kei restaurant, and Ho Leung, the owner of Build-Up Manufacturing.

A letter from the tax department said the three Phnom Penh-based companies had already been asked to pay their debts three times but had failed to do so.

They now have 15 days to settle their bills or face court proceedings.

“If they don’t comply by the deadline, the owners of the firms will be deemed to have committed criminal offences under tax law,” the ministry said.

“The General Department of Taxation will take legal action to punish them according to the law and all the expenses will be the burden of the companies.”

The owners of the three companies could not be reached for comment.

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