Government

Taxation

Tax collection rises by 10 percent in Q1

The General Department of Taxation collected more than $761 million in taxes during the first three months of the year, a slight increase of about 10 percent compared to the same period in 2017. ...

May Kunmakara
https://www.khmertimeskh.com/50484337/tax-collection-rises-by-10-percent-in-q1/

Injunction delayed for Phnom Penh Post

Phnom Penh Municipal Court has extended the deadline for an injunction issued against the Phnom Penh Post that instructed it to pay $260,000 in compensation to its former CEO Chris Dawe, who sued the newspaper over wrongful dismissal. ...

Khy Sovuthy
https://www.khmertimeskh.com/50483299/injunction-delayed-for-phnom-penh-post/

Nearly 6,000 vehicles with unpaid tax

Tax on nearly 6,000 vehicles across the country has not been paid on time as required, according to an inspection by the Ministry of Economy and Finance’s General Department of Taxation. A press release by the GDT signed on March 16 and released yesterday said the ...

Mom Sophon
http://www.khmertimeskh.com/50114699/nearly-6000-vehicles-with-unpaid-tax/

Government lays out plan for non-tax revenue

The Ministry of Economy and Finance held a workshop yesterday to finalise a draft on a sub-decree managing non-tax revenue sources, part of the government’s attempt to improve its revenue collection. ...

Post Staff
http://www.phnompenhpost.com/business/government-lays-out-plan-non-tax-revenue

CDC opens tax desk to advise foreign firms

The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. ...

Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms

Tax revenue exceeds expectations following reforms

The General Department of Taxation (GDT) collected $1.93 billion in tax revenue last year, a 30 percent increase over 2016 and well above the government’s own projections, according to the department’s director, Kong Vibol.​ ...

Hor Kimsay
http://www.phnompenhpost.com/business/tax-revenue-exceeds-expectations-following-reforms

On the lookout for US taxpayers in Cambodia

The General Department of Taxation called last week on banks, insurance companies and microfinance institutions (MFIs) to accurately report the taxpayer identification numbers (US-TIN) of clients with US citizenship. ...

Chea Vannak
http://www.khmertimeskh.com/50100906/lookout-us-taxpayers-cambodia/

GDT now allows you to pay the tax man online

The General Department of Taxation (GDT) announced yesterday that it has officially launched an e-payment platform that allows individual and corporate taxpayers to pay their obligations online and directly through bank accounts, a move that businesses in the Kingdom hope will trim waiting periods. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gdt-now-allows-you-pay-tax-man-online

Government reduces tax load on MFIs receiving money from abroad

The Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-reduces-tax-load-mfis-receiving-money-abroad

Soaring VAT collection boosts tax revenue

The General Department of Taxation collected $1.54 billion in tax revenue during the first nine months of the year, a 29 percent increase compared to the same period last year, it said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/soaring-vat-collection-boosts-tax-revenue

Tax break for low income workers

Workers earning less than $300 each month will no longer be taxed on their earnings from January 2018, Prime Minister Hun Sen announced yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/5085586/tax-break-low-income-workers/

Daily founder claims liability

The founder of the now-shuttered Cambodia Daily, Bernard Krisher, has told Prime Minister Hun Sen in a letter that he will travel to the Kingdom to take on any tax liabilities of his daughter, Deputy Publisher Deborah Krisher-Steele, stemming from the paper’s dispute with the ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/daily-founder-claims-liability

Daily trio face tax department charges

The Tax Department yesterday escalated its attack on the Cambodia Daily by filing a legal complaint accusing its founder and two directors of obstructing the tax process and tax evasion, which could see them face up to six years in prison. ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/daily-trio-face-tax-department-charges

More condemn shutdown of Daily

International condemnation of the government’s aggressive pursuit of a tax dispute with the Cambodia Daily continued to pour in yesterday, with the US Embassy in Phnom Penh calling the closure of the hard-hitting newspaper a “sad day for the press and for Cambodia”. ...

Ananth Baliga
http://www.phnompenhpost.com/national/more-condemn-shutdown-daily

Daily directors barred from leaving country

The Tax Department yesterday issued a letter asking the Immigration Department to prevent Deborah Krisher-Steele and Douglas Steele – both representatives of the Cambodia Daily – from leaving the country, a day after department head Kong Vibol said he would continue to pursue the tax ...

Niem Chheng
http://www.phnompenhpost.com/national/daily-directors-barred-leaving-country

Daily silenced after 24 years

After 24 years of fiercely independent journalism, the Cambodia Daily will publish their final edition today due to an “exorbitant” $6.3 million tax bill levelled at them last month – an outcome critics say threatens Cambodia’s free press ahead of next year’s crucial national election. ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/daily-silenced-after-24-years

Hun Sen says Cambodia Daily must pay its $6.3M tax bill or ‘pack up’

Prime Minister Hun Sen escalated the government’s attacks on media outlets and NGOs yesterday, reiterating in a speech that the Cambodia Daily would have to “pack up their things and leave” if they failed to pay a $6.3 million tax bill, while at the same ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/hun-sen-says-cambodia-daily-must-pay-its-63m-tax-bill-or-pack

NGOs to meet deadline

Prominent NGOs yesterday said they are trying to comply with the new law on organisations and will meet the Interior Ministry’s deadline to submit reports by the end of September. ...

Khuon Narim
http://www.khmertimeskh.com/5079234/ngos-meet-deadline/

Cambodia Daily given till Sept 4 to pay taxes

The Tax Department’s Kong Vibol on Saturday said English-language newspaper the Cambodia Daily faced shuttering and the seizure of its assets if it failed to pay back taxes it allegedly owes by September 4 – a seeming escalation in the government’s recent targeting of NGOs and ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/cambodia-daily-given-till-sept-4-pay-taxes

Radio tax flip flops

The General Department of Taxation reaffirmed yesterday that two radio outlets, Radio Free Asia and Voice of America, will have to pay tax, contrary to a statement made by Minister of Information Khieu Kanharith. ...

Khmer Times
http://www.khmertimeskh.com/5078545/radio-tax-flip-flops/

Government rebuts political motive for tax investigations

An Economy and Finance Ministry spokesman denied any political motive for investigating NGOs and media outlets over tax payments on Tuesday, saying private enterprises were also under scrutiny. ...

Phan Soumy
https://www.cambodiadaily.com/news/government-rebuts-political-motive-for-tax-investigations-133668/

Tax Department reaches out to NGOs

At least three local NGOs have been called for questioning by the Ministry of Economy and Finance’s Taxation Department to clarify their tax payments, amid an aggressive tax collection campaign that has recently gone after media outlets the Cambodia Daily, Voice of America and Radio ...

Leonie Kijewski and Niem Chheng
http://www.phnompenhpost.com/national/tax-department-reaches-out-ngos

After Cambodia Daily’s $6M bill, tax authority targets RFA, VOA

Popular media outlets Radio Free Asia and Voice of America have become the latest to draw the attention of the government for allegedly not paying taxes, one week after a letter to the Cambodia Daily demanding more than $6 million in back taxes was leaked. ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/after-cambodia-dailys-6m-bill-tax-authority-targets-rfa-voa

Tourist boats add tax on to tickets

Preah Sihanouk provincial authorities have ordered all tourist boat operators ferrying passengers to islands to add an additional $2 to each ticket for state coffers to help develop the coastlands and protect the environment. ...

Sen David
http://www.khmertimeskh.com/5077283/tourist-boats-add-tax-tickets/

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