Taxation

Officials impounded eight luxury vehicles in the past week, including four over the weekend, after the customs department and military police began stopping cars in Phnom Penh looking for vehicles brought into the country without their owners having paid the proper import tax.​ ... ...

The country’s lower class will receive a series of tax breaks starting in 2016, Prime Minister Hun Sen announced Thursday, with tariffs on motorbikes, tuk-tuks and farm machinery to be waived, along with fees at stalls in state-owned markets.Striking a populist tone during the inauguration ...

Government coffers received close to a billion dollars in tax revenues for the first nine months of the year, up 25 per cent compared to the same period a year earlier, with convenient tax payment options contributing to this rise, according to the latest quarterly ...

Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday.​ ... ...

Cambodia’s General Department of Taxation and the Japan International Cooperation Agency yesterday completed a more than three-year project to improve taxpayer services and increase tax audit capacity of the government entity. ... ...

The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. ... Under the Qualified Investment Projects (QIP) scheme, firms can ...

The Tax Department has threatened to publicly name companies that have not paid their outstanding dues by the end of the month. In an announcement posted on its website and in local media on Tuesday, the General Department of Taxation called on all company directors with ...

Cross-border porters in Banteay Meanchey’s Poipet town over the weekend defended the decision last week to stage a demonstration over customs fees – a demonstration that turned violent and ultimately left four injured – saying that import tax and unofficial fees exacted by police are ...

The General Department of Customs and Excise (GDCE) collected more than $360 million in revenues for the national budget during the first quarter of 2015, a 13 per cent increase year-on-year, according to a statement from the department released last week. ... ...

Environment Minister Say Sam Al on Wednesday announced the creation of a recurring annual $5-million fund to help Phnom Penh and every provincial capital clean up their trash-strewn streets, especially outside homes and restaurants. ... ...

The Cambodian government is aiming to increase its revenue collection to $3.78 billion for 2015, on the back of strong tax and customs income. A directive signed by Monaster of Economy and Finance Aun Porn Moniroth on Monday says $2.75 billion will be collected via current ...

A parliamentary committee will look into allegations of illegal logging and timber exports, where big money and deep corruption have led to conflict, deforestation and tax fraud. Opposition lawmaker Ho Vann, who leads the National Assembly committee, told VOA Khmer he is looking into evidence and ...

Garment workers around the country have started picking up paychecks this month that for the first time include the $28 increase the government added to the sector’s previous minimum wage of $100. But with available overtime hours on the wane, enthusiasm for the raise is ...

A Defense Ministry official has requested that vehicles bearing Royal Cambodian Armed Forces (RCAF) license plates be exempt from paying the country’s road tax, noting that a recent increase in inspections by tax officials could hurt “military officers’ feelings.” ... ...

New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...

The General Department of Taxation collected more than $1.06 billion in tax revenue in 2014 up by about 17.7 per cent on the $900 million collected in 2013, according to a statement from the tax department released yesterday. ... ...

The Cambodia's General Department of Taxation reported Friday that it collected 959 million U.S. dollars in taxes during the first eleven months of 2014, up 20 percent over the same period last year. ... ...

Cambodia collected 884 million U.S. dollars in taxes in the first ten months of 2014, a 19 percent increase over the same period last year, said a statement of the General Department of Taxation on Monday. ... ...

Cambodia's taxation system fell five places on the World Bank’s 2015 Doing Business index (DBI). The index, which tallied up 230 business reforms from 189 economies, showed the ease of paying taxes in Cambodia has declined from position 85 in 2014 to 90 this year. Cambodia’s ...

Dozens of taxi drivers in Poipet City protested Monday against the creation of a new checkpoint where they are forced to pay costly bribes to transport goods that have been smuggled across the border from Thailand. ... ...

In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...

Prime Minister Hun Sen said on Thursday that civil servants making less than 800,000 riel, or about $200, a month will be exempt from paying income taxes, just days after the Finance Ministry sent a very different message to the country’s garment workers. ... ...

With the deadline for property owners to pay their dues passing today, Acleda Bank – one of two agencies collecting tax for the government – has received over $1 million in property tax payments this financial year. So Phonnary, executive vice president of Acleda Bank, told ...

A survey has found that while only 12 per cent of young Cambodians smoke cigarettes, more than four times that number are exposed to passive smoke every day, and a broad majority back tougher regulation of tobacco products. Mom Kong, executive director at the Cambodian Movement ...