Taxation

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. ...

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”. ...

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 ...

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. ...

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 ...

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. ...

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 ...

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. ...

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. ...

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 ...

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. ...

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. ...

Only 200 of some 5,000 domestic NGOs have submitted required banking details to the Interior Ministry, its spokesman said on Monday, as the government steps up enforcement of tax requirements on organizations that may have racked up huge unpaid bills. ...

Government-aligned media outlet Fresh News has published a leaked letter from the Taxation Department to the Cambodia Daily claiming that it owes $6.3 million in back taxes, a disclosure accompanied by scathing anonymous “letters” attacking the English-language newspaper and prominent NGOs. ...

On 27 July 2017, the Royal Government of Cambodia and the Government of Brunei Darussalam reached an agreement on avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. ...

The General Department of Taxation (GDT) collected a whopping $1.19 billion in tax revenue during the first half of this year, an increase of 32 percent compared to the same period last year, led by a surge of value-added tax (VAT) and profit-tax revenue. ...

The government collected $915 million in tax revenue during the first six months of the year, according to figures released yesterday by the Ministry of Economy and Finance. ...

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 ...

The tax authority yesterday refuted local media claims that it had endorsed a private sector call to end Phnom Penh City Hall’s taxation of billboards and commercial signage throughout the capital, which advocates have said imposes an onerous levy on local businesses. ...

Cambodian tax officials met with their counterparts in Hong Kong last week as part of the first round of discussions for drafting a double taxation agreement (DTA) aimed at preventing dual taxation and fiscal evasion, the General Department of Taxation (GDT) said yesterday in a ...

The government has been urged to increase tax on tobacco to improve public health and reduce poverty in the country. ...

The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, said ...

Tax collections rose to $768 million in the first quarter of this year, a 92 percent rise on the same period last year. General department of taxation director-general Kong Vibol told a meeting chaired by Finance Minister Aun Pornmoniroth yesterday that the collection figure was a ...

The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). ...