Taxation

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

The General Department of Taxation (GDT) has collected $3,06 billion as tax revenue in the first ten months of 2023. ...

The General Department of Taxation (GDT) has collected $3,06 billion as tax revenue in the first ten months of 2023. ...

Dr Hun Manet has reiterated that the 7th-mandate Royal Government will neither create new taxes nor increase existing ones. ...

The government has amassed over $3 billion in revenue from the General Department of Taxation (GDT) as of October 30, which represents 85.7% of the 2023 Law on Financial Management despite the deteriorating global economic landscape affecting the region. ...

Phnom Penh officials have issued a notice regarding the illegal collection of taxes and fees from informal vendors by crooks, with social analysts calling on the government to hand out severe punishments for those caught doing it. ...

Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...

The General Department of Taxation (GDT) has rejected claims made on social media about the taxation of capital gains, claiming the misleading information is “slanderous”and it is committed to transparent and responsible taxation practices. ...

The General Department of Customs and Excise of Cambodia (GDCE) has issued a set of guidelines on September 20 to its officers, including contract staff, to carry out public service provisions responsibly and strictly adhere to administrative working hours in order to strengthen its effectiveness. ...

Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...

After being postponed three times, the Capital Gains Tax (CGT) will be implemented starting Jan 1, 2024, said Kong Vibol, director-general of the General Department of Taxation (GDT) on September 15. ...

The General Department of Taxation has reminded all vehicle owners who have not yet fulfilled their tax obligations to submit their tax returns by November 30, 2023, along with their ID cards, identification vehicles, and vehicle technical inspection certificates issued by the Ministry of Public ...

The General Department of Customs and Excise (GDCE) on Monday set three additional necessary measures for further implementation of the Cambodia National Single Window (CNSW) project phase III team that needs to be completed by January 2024 after it was launched in January this year, ...

The General Department of Taxation’s (GDT’s) tax collection in the first seven months of this year reached 64 percent of the budget plan for 2023, indicating that the collection will exceed the target by the end of the year. ...

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $46 million from the operation of electronic goods and services in the first seven months of this year, according to official figures yesterday. ...

Cambodia and the United Arab Emirates (UAE) are expected to sign a Double Taxation Agreement (DTA) soon seeing that negotiations on the content are 96 per cent complete, the General Department of Taxation (GDT) stated. ...

The General Department of Taxation (GDT) has announced new tax rates on locally-produced, non-alcoholic beverage products, according to the Ministry of Economy and Finance (MEF). ...

Cambodia collected 11,497.98 billion riels (approximately $2.79 billion) from all sources of taxes in the first half of 2023, which is equivalent to 49.1 percent of the target ($5,692 million) for the year, according to the Ministry of Economy and Finance’s report. ...

Taxpayers should ensure proper implementation and timely tax declaration to avoid interruptions on the last tax declaration day, the General Department of Taxation said, noting that it makes adjustments and is continuously developing information technology systems to make it easier for taxpayers. ...

The Cambodian government has implemented a value-added tax (VAT) on cigarettes to combat the health risks associated with smoking and tobacco products. Effective August 1, companies importing and distributing cigarettes in Cambodia must apply a flat rate of 10 percent VAT on all cigarette supplies. ...

Phnom Penh’s business community gathered on Thursday for a forum hosted by EuroCham Cambodia on “Unpacking the Law on Taxation”, with the aim of breaking down the new regulations introduced in May. ...

According to the online revenue management system of the General Department of Taxation, in the first half of 2023, taxes collected totalled 8,393.17 billion riels or approximately $2.072 billion. ...

The General Department of Taxation (GDT) held a meeting to discuss the provision of tax services, promotion of tax registration and fulfilment of tax obligations with regard to vehicles, according to an announcement made by the GDT. ...