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Government to drop VAT on agricultural exports

Local firms will no longer be charged value-added tax (VAT) on exports of agricultural goods, Prime Minister Hun Sen announced Friday. The premier said dropping VAT charges on exports of agricultural products – including milled rice, corn, cassava, and pepper – will enhance the competitiveness ...

Chea Vannak
https://www.khmertimeskh.com/50591970/government-to-drop-vat-on-agricultural-exports/

VAT implementation on cigarettes in Cambodia could save thousands of lives

The Cambodian government has implemented a value-added tax (VAT) on cigarettes to combat the health risks associated with smoking and tobacco products. Effective August 1, companies importing and distributing cigarettes in Cambodia must apply a flat rate of 10 percent VAT on all cigarette supplies. ...

Khmer Times Staff
https://www.khmertimeskh.com/501335644/vat-implementation-on-cigarettes-in-cambodia-could-save-thousands-of-lives/

Halt migrant recruitment ads, radio stations told

The Ministry of Information has sent a letter to radio stations ordering them to immediately cease advertisements from recruitment agencies looking to send migrant workers abroad. ...

Sen David
http://www.khmertimeskh.com/5074021/halt-migrant-recruitment-ads-radio-stations-told/

Survey finds VAT issues as major concern

The Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. ...

Manoj Mathew
https://www.khmertimeskh.com/501175671/survey-finds-vat-issues-as-major-concern/

Customs, excise tax collection rise

The tax collection from General Department of Customs and Excise (GDCE) in the first nine months of the year amounted to $1.3 billion, up 16 percent from the same period last year. ...

Sum Manet
http://www.khmertimeskh.com/news/30669/customs--excise-tax-collection-rise/

$3.4b collected in taxes in 2022

A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-34b-collected-in-taxes-in-2022

Government waives 10 percent VAT for rice

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...

Kang Sothear
https://www.cambodiadaily.com/news/government-waives-10-percent-vat-for-rice-110676/

Microlenders refuse to apply prescribed VAT

The industry body representing the Kingdom’s myriad microfinance institutions (MFIs) threw down the gauntlet yesterday, announcing that its members had categorically rejected a government directive that orders them to charge a value-added tax (VAT) on financial services fees and would not apply it. ...

Hor Kimsay
http://www.phnompenhpost.com/business/microlenders-refuse-apply-prescribed-vat

Bank services VAT seen as ‘inefficient’

Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an “impractical and inefficient” tax would likely be passed along to consumers. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/bank-services-vat-seen-inefficient

$20.91m in VAT collected in three months

Cambodia’s General Department of Taxation (GDT) collected $20.91 million in value-added tax (VAT) on e-commerce transactions in the first quarter of 2023. ...

Seng Mengheng
https://kiripost.com/stories/2091m-in-vat-collected-in-three-months

Ad-hoc commission on vaccination process formed

An ad-hoc commission, headed by the Ministry of Health secretary of state Or Vandine, will be formed for COVID-19 vaccination, Prime Minister Hun Sen said yesterday. . ...

Khmer Times Staff
https://www.khmertimeskh.com/50825716/ad-hoc-commission-on-vaccination-process-formed/

GDT earns $37 million on e-commerce VAT income

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501202644/gdt-earns-37-million-on-e-commerce-vat-income/

GDT changes VAT rules for e-commerce transactions for taxable persons who are non-resident taxpayers

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has changed its instruction on implementing the value-added tax (VAT) on e-commerce transactions ...

Kang Sothear
https://www.khmertimeskh.com/501229020/gdt-changes-vat-rules-for-e-commerce-transactions/

Cigarette Promoters to Lose Jobs After Tobacco Ad Ban

Cigarette promoters will have to stop work when a tobacco advertisement ban takes effect in late August, a health official said yesterday. A February sub-decree, which also bans advertising tobacco in the media and on billboards, states that the “promotion of tobacco products to customers ...

GDCE officers warned against ‘informal’ fees

The General Department of Customs and Excise of Cambodia (GDCE) has issued a set of guidelines on September 20 to its officers, including contract staff, to carry out public service provisions responsibly and strictly adhere to administrative working hours in order to strengthen its effectiveness. ...

Hin Pisei
https://www.phnompenhpost.com/national/gdce-officers-warned-against-informal-fees

GDT brings in $20.9M of e-commerce VAT over Q1

The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-brings-209m-e-commerce-vat-over-q1

Tax pulled after mutiny

Just one day after the Kingdom’s microlenders mutinied and said they would not implement a government directive requiring all financial institutions to implement a 10 percent value-added tax (VAT) on fees for financial services, the Tax Department announced it would back down and temporarily suspend ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-pulled-after-mutiny

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