Government
Taxation
Manet: Senior officials ready to depart to US for tariff negotiations
As part of Prime Minister Hun Manet’s plans to negotiate the last-minute 49 per cent blanket tariffs placed on Cambodian imports by US President Donald trump, two senior officials are now on standby for a rapid departure to the US. ...
Niem Chheng
https://www.phnompenhpost.com/national/manet-senior-officials-ready-to-depart-to-us-for-tariff-negotiations
Manet calls for tariff calm; negotiations on the way
Prime Minister Hun Manet has explained how the US increase in import tariffs on goods demonstrates that the US has been and continues to incur significant losses from importing goods from many countries around the world, as reflected through its trade deficit. ...
Niem Chheng
https://www.phnompenhpost.com/national/manet-calls-for-tariff-calm-negotiations-on-the-way
Trump hits Cambodia with 49% tariff, threatening trade backbone
U.S. President Donald Trump on Wednesday announced sweeping reciprocal tariffs, hitting Cambodia with a 49% rate set to take effect April 9. The news broke on Thursday morning in Phnom Penh, sending officials and industry leaders scrambling to make sense of the tariffs. ...
CamboJA Staff
https://cambojanews.com/trump-hits-cambodia-with-49-tariff-threatening-trade-backbone/
Analysts confident Cambodia can diversify markets, will not be affected by US tariffs
Several government officials – and private sector representatives – have shared their belief that Cambodians should not be overly concerned about US President Donald Trump’s announcement that the Kingdom will be subject to 49% “Reciprocal Tariffs”. ...
‘Tariff’ calculations explained
Trump’s newly announced “reciprocal tariffs” appear to be based on a formula that relies on the trade imbalance between the US and its partners, rather than any real-world tariffs or duties imposed by other nations. ...
Niem Chheng
https://www.phnompenhpost.com/national/-tariff-calculations-explained
Cambodia tops list of new Trump tariffs, 49%
US President Donald Trump has announced a 49% tariff on goods imported from Cambodia, the highest rate of the numerous tariffs he announced this morning, Cambodia time. ...
Hin Pisei
https://www.phnompenhpost.com/national/cambodia-tops-list-of-new-trump-tariffs-49-
Customs, DHL sign MoU to fast-track clearance procedures
The efficiency of Cambodia’s logistics sector is expected to improve following the signing of a memorandum of understanding (MoU) between the General Department of Customs and Excise of Cambodia (GDCE) and DHL Express (Cambodia) Ltd. ...
Hin Pisei
https://www.phnompenhpost.com/business/customs-dhl-sign-mou-to-fast-track-clearance-procedures
Cambodia’s tax revenue from casinos, game of chance operators up 85 pct in 2024
Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501621182/cambodias-tax-revenue-from-casinos-game-of-chance-operators-up-85-pct-in-2024/
Cambodia aims to strengthen DTA regime
The Royal Government is working to enhance the country’s investment climate by negotiating Double Taxation Agreements (DTAs) with six countries in the region and Europe. ...
Chea Vanyuth
https://www.khmertimeskh.com/501605595/cambodia-aims-to-strengthen-dta-regime/
Customs guide explores excise tax sector landscape
Regional legal consultancy, DFDL Cambodia, recently released its inaugural 2024/2025 Customs Guide, a comprehensive overview of Cambodian custom’s law and practice that seeks to assist import and export businesses in navigating Cambodia’s dynamic trade and customs landscape. ...
James Whitehead
https://www.khmertimeskh.com/501602505/customs-guide-explores-excise-tax-sector-landscape/
Almost 100% of tax now collected electronically
The General Department of Taxation (GDT) has attributed the significant growth in tax revenue collection since 2014 to the implementation of technology solutions. ...
Chea Vanyuth
https://www.khmertimeskh.com/501583076/almost-100-of-tax-now-collected-electronically/
Tax exemption for small businesses
Prime Minister Hun Manet has unveiled plans to scrap taxes for small businesses earning less than 250 million riels, with calls being made to implement the measure and ensure businesses understand it. ...
Kuch sikol
https://kiripost.com/stories/tax-exemption-for-small-businesses
PM says no tax for biz with annual income below KHR 250M
Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...
Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/
MEF issues guidelines for sub-decree on informal sector taxation
The Ministry of Economy and Finance (MEF) has issued guidelines and procedures for implementing the sub-decree aimed at encouraging individuals and businesses operating in the informal economy to comply with tax obligations. ...
Mom Kunthea
https://www.khmertimeskh.com/501544865/mef-issues-guidelines-for-sub-decree-on-informal-sector-taxation/
Cambodia collects $3B in tax revenue in H1
The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540290/cambodia-collects-3b-in-tax-revenue-in-h1/
The government establishes a Special Tax Audit Unit to help taxpayers
Phnom Penh, Cambodia The Ministry of Economy and Finance has announced the formation of a Special Tax Audit Unit, designed to address taxpayer concerns more efficiently. This new unit, which holds departmental status, will operate under the General Department of Taxation’s jurisdiction. ...
Khmer Times Staff
https://www.khmertimeskh.com/501524123/the-government-establishes-a-special-tax-audit-unit-to-help-taxpayers/
MEF to step up public financial efficiency
The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...
Nhean Chamrong
https://www.khmertimeskh.com/501512178/mef-to-step-up-public-financial-efficiency/
MEF to step up public financial efficiency
The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...
Nhean Chamrong
https://www.khmertimeskh.com/501512178/mef-to-step-up-public-financial-efficiency/
Import tax debate sparks furore in Tbong Khmum
Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...
Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum
GDT tax collection falls in Q1
The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/
Tax issues, lack of funding trouble SMEs
International Mother’s Day was marked with a bustling marketplace for small and medium business enterprises (SMEs) on Sunday at Raffles Hotel Le Royal. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501487218/tax-issues-lack-of-funding-trouble-smes/
Cambodia seals DTA deal with Philippines
Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...
James Whitehead
https://www.khmertimeskh.com/501483860/cambodia-seals-dta-deal-with-philippines/
GDT’s e-Administration platform to facilitate tax monitoring
The General Department of Taxation launched its e-Administration, the smartphone-based app application where taxpayers can check and track their tax payment documents. ...
Chea Vanyuth
https://www.khmertimeskh.com/501460312/gdts-e-administration-platform-to-facilitate-tax-monitoring/
Cambodia collects nearly $6 billion in taxes in 2023
Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/