Taxation

Prime Minister Hun Sen has quashed an attempt by the Ministry of Finance to collect back taxes owed on 470 police vehicles, granting them tax-exempt status after a request from the Ministry of Interior. The request, dated September 8, was approved on Tuesday. ...

NagaWorld, a subsidiary of a Hong Kong-listed NagaCorp, reached a deal with the Ministry of Economy and Finance to pay a new tax rate on their non-gaming operations, said a ministry official. ...

The Ministry of Commerce and the Ministry of Economy and Finance’s general taxation department plan to jointly operate an online business tax registration system in a bid to strengthen tax collection in the country and root out corruption. Sok Sopheak, under-secretary of state of the Ministry ...

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

The Ministry of Economy and Finance on Monday sought to explain a recent hefty increase in taxes imposed on heavy transportation vehicles, saying it was prompted by a need to support infrastructure maintenance expenditures and cover the elimination of taxes on vehicles smaller than 150cc. ...

The owners of vehicles sporting police number plates must pay vehicle taxes by the end of the month or face having their vehicles impounded, according to the Ministry of Economy and Finance. In a letter to Interior Minister Sar Kheng, Economy and Finance Minister Aun Ponmoniroth ...

As a way to possibly boost funding for environmental protection in the Kingdom, Prime Minister Hun Sen yesterday floated the idea of an extra tax on cigarettes and alcohol. Speaking at a forum on the protection and conservation of natural resources in Phnom Penh, the prime ...

Tax revenue in the first seven months of the year was $955 million, an increase of 18.91 percent over the same period last year, according to a report from the General Department of Taxation (GDT). ...

As the price of natural rubber tumbles due to a slowdown in the global economy and falling demand for the commodity, the Kingdom’s hard hit rubber industry investors are now calling on the government to revise export taxes. ...

Cambodia’s tax department collected $829 million in tax revenue during the first half of the year, 18 per cent more than during the same period a year earlier, led by surge in profit-tax revenue, according to government data released late on Tuesday.    ...

Revenue collected by the customs and excise department jumped nearly 20 per cent during the first six months of the year, compared with the same period a year earlier, figures released yesterday show. ...

The General Department of Taxation (GDT) announced yesterday that the government will collect annual road tax payments from July 1 until November 30. ...

The Ministry of Economy and Finance in partnership with Cambodian Public Bank Plc. signed a memorandum of understanding (MoU) yesterday, establishing the bank as the Ministry’s prime tax collecting institution nationwide. ...

The government’s tax revenue collection rose to about 21.6 percent in the first five months of this year, compared with the same period last year, with some $708.2 million filling state coffers, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT). ...

The government’s tax revenue saw a sharp increase of about 22 percent in the first five months of the year, compared with the same period last year, with some $763 million collected by the General Department of Customs and Excise. ...

Private sector representatives argued yesterday that Cambodia’s outdated taxation laws do not accurately reflect the Kingdom’s current business climate, urging the General Department of Taxation (GDT) to revise the legal framework to promote private sector growth. ...

Cambodia’s Customs Department announced on May 27 that it would stop processing paperwork for import and export companies, and halt cross-border activity if they fail to meet today’s deadline for online tax registration.   ...

Singapore and Cambodia have entered into a double taxation avoidance agreement to boost cross-border trade and investment between the two countries. ...

In the first four months of the year, the government collected nearly half of its tax revenue target for all of 2016, local media reported yesterday, citing Kong Vibol, director of the General Department of Taxation (GDT).   ...

Cambodia and Singapore have finalised an agreement on double taxation and are set to sign it into effect soon, state news agency AKP reported yesterday. ...

Revenue from customs duties and excise tax grew by around 30 per cent to $472 million during the first quarter of the year ...

The tax department issued a notice yesterday extending the deadline for businesses to finish their tax registration until May 31, the latest in a long string of delays that followed the introduction of strict new rules on tax registration in 2014.​​ ...

The government took steps to shore up the rice sector yesterday, saying it would remove the current value added tax [VAT] on milling machines in the country and shut down companies importing rice from neighboring countries and rebranding it as Cambodian during an emergency meeting ...

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...