Tax collection crosses 50 percent of financial plan

Cambodia’s tax collection went up in the first four months of this year, reflecting economic activities’ recovery since the government fully reopened the country last November. ...

Chea Vanyuth

Stamp duty tax exemption extended till end of 2022

The government has decided to extend the stamp duty tax exemption till the end of this year in a bid to help ease the burden on the private sector and people in the Covid-19 context. ...

Chea Vanyuth

Tax income collection rises by 22 percent in Q1

The General Department of Taxation at the Ministry of Economy and Finance collected $1,263 million as tax income from the first three months of this year, a 22 percent increase compared to the same period last year. ...

Chea Vanyuth

Cambodia starts collecting VAT on e-commerce

Cambodia started imposing value added tax (VAT) on e-commerce from April 1 after a three-month delay. ...

Khmer Times Staff

Tax man cometh, Cambodia’s annual compliance obligations

With the 2022 year well under way most enterprises in Cambodia are turning their attention to their annual compliance obligations. There have been some recent changes and updates with respect to the annual compliance obligations for most enterprises in Cambodia. We have included the recent ...

Khmer Times Staff

GDT collects over half a billion dollars in tax revenue from Jan-Feb

The General Department of Taxation (GDT) collected 2.07466 trillion riel, or $512.26 million, in taxes in the first two months of 2022, surging by 22.69 per cent over the same period last year, according to its director-general Kong Vibol on March 14. ...

Hom Phanet

GDT rakes in $512 million in taxes in first two months of 2022

In the first two months of this year, the General Department of Taxation has collected about $512 million in taxes, an increase of more than 22% when compared to the same period last year. ...

Khmer Times Staff

Tax revenues reaches $288 million in January 2022

The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected $288.23 million in the first month of this year. ...

Khmer Times Staff

Customs revenues reaches $2.295 billion in 2021

Approximately $2.295 billion was collected as customs revenue in 2021, about 97.1 percent of the yearly plan, according to the data from the General Department of Customs and Excise (GDCE). ...

Khmer Times Staff

‘Digital link’ between post, customs launched

Swisscontact, on behalf of the World Trade Organisation’s (WTO) Global Alliance for Trade Facilitation (GATF), on February 8 launched a new e-trade portal project in partnership with two Cambodian government institutions – the General Department of Customs and Excise (GDCE) and Cambodia Post. ...

May Kunmakara

Cambodia extends tax breaks for tourism-related businesses for 6 more months

The Cambodian government on Wednesday extended tax holidays for tourism-related establishments for another six months from January to June 2022 in a bid to boost business activity in the COVID-hit tourism industry. ...

Khmer Times Staff

GDT gears up to block unregistered companies’ electronic transactions

The General Department of Taxation of the Ministry of Economy and Finance has sought cooperation from 49 Internet companies in Cambodia to block electronic transactions should those enterprises are not registered. ...

Chea Vanyuth

Firms enlisted in online VAT drive

The General Department of Taxation (GDT) has said it will work with 49 businesses that provide online services in Cambodia to promote the implementation of value-added tax (VAT) on e-commerce transactions, in a move that responds to the recent boom in the online market. ...

Nov Sivutha

Tax policy touch-ups for projects of financing deals

The General Department of Taxation (GDT) on January 31 instructed relevant ministries, institutions and taxpayers to sort out tax obligations concerning projects under memorandums of understanding (MoU) as well as grant and loan agreements, as per applicable laws, and submit records of potential tax implications ...

Nov Sivutha

GDT collected $2.7B in tax revenue in 2021

The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.402100 trillion riel ($2.781 billion) in tax revenue in 2021, 24% more than the plan of $538 million. However, this revenue is slightly less when compared to the same period of year 2020 ...

Sok Sithika

Mixed emotions as EU revokes import tariffs on long grain Cambodian rice

With the EU rolling back import tariffs on long grain white rice from Cambodia and Myanmar, market participants expect a rise in shipments from Cambodian exporters who were however still skeptical due to continued high freight rates. ...

Khmer Times Staff

GDT to declutter complex tax laws; to make it simple, orderly

The General Department of Taxation (GDT) is drafting the law on tax aimed to compile a number of confusing tax laws and regulations and respond to the international practice of integrating Cambodia’s economy in the region. ...

Chea Vanyuth

Director General of Taxation says tax collection over past 10 years exceeded target each year

Kong Vibol, Minister Delegate to the Prime Minister and Royal Government Delegate in charge of the General Director of the General Department of Taxation affirmed that in the past 10 years, the General Department of Taxation’s tax revenue collection has been stable, showed good growth ...

Khmer Times Staff

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