Taxation

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 ...

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 ...

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. ...

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. ...

The Cambodian government got $5.07 billion in revenue from tax and customs in 2021, Prime Minister Hun Sen said on Monday. ...

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 ...

The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding the 2021 targeted plan. Officials and key insiders said the exceeding revenue in the tax sector reflected the government’s efforts on efficient tax collection and the business ...

The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...

The General Department of Customs and Excise of Cambodia (GDCE) on December 1 reiterated a call on owners of left-hand drive vehicles who have yet to pay any applicable import taxes or related fees due to do so before December 31, in order to benefit ...

The private sector has drawn attention to a host of issues for customs and excise to optimise operations, control the entry of illegal or restricted goods into Cambodia, bring in more revenue to state coffers, and protect local producers. ...

The General Department of Taxation of the Ministry of Economy and Finance yesterday re-announced the invitation to all enterprises to come forward and pay their tax debts. ...

In an interview with CNBC on the current plans, connections and future of transportation in Cambodia on November 12, 2021, Sun Chanthol, Minister of Public Works and Transport, said that the launch of Electric vehicles (EVs) are in the early stages of development in Cambodia. ...

Cambodia’s tax chief ordered brewery and beverage plant owners to comply with tax good governance principles, including transparency, firmly suggesting that they install modern flow meter systems. ...

The General Department of Taxation (GDT) collected some 8,549 billion Riel (approximately $2,111 million) as tax revenue in the first nine months of this year, representing 94.12 percent of the yearly plan. ...

The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance the efficiency of the trade facilitation environment and the Kingdom’s competitiveness on the international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...

The Ministry of Economy and Finance’s General Department of Taxation (GDT) collected $1.90927 billion in taxes in the first eight months of 2021, down by $151.3 million or 10.60 per cent from the same period last year. ...

Cambodia generated $1.520 billion in customs revenue in the first eight months of this year, equivalent to 64.2 per cent of the target set by the Law on Financial Management for 2021, despite the ongoing Covid-19 crisis. ...

A major global tax overhaul that will set a tax floor of 15 percent has the ability to level the playing field when attracting international investments from technology companies and increase the Kingdom’s coffers. ...

The Government-Private Sector Working Group D (GPSWG-D) on Law, Tax and Governance held a meeting via videoconference to discuss challenges the private sector is facing in this hard time of COID-19 pandemic. ...

Vehicle owners can now pay road tax on their mobile devices through the GDT Taxpayer App, after the latest update, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT) on July 30. ...

A senior tax official pledged to facilitate all tax issues for Japanese investors currently investing or doing business in Cambodia to ensure things go smoothly, as part of a broader effort to create productive feedback channels, and improve transparency and operational efficiency, according to the ...

The General Department of Taxation (GDT) collected more than 1.5 billion in tax revenue in the first semester of this year.​ ...

With corporations in Southeast Asia reporting being swept up in tax audits while governments work to increase revenue during the pandemic, there are conflicting views regarding whether Cambodian firms are facing additional scrutiny.  ...

The General Department of Taxation (GDT) has advised taxpayers and tax service agencies located in lockdown-restricted areas to electronically file income tax returns and avoid the risk of spreading the novel coronavirus. ...