News
Businesses must pay property tax by October
Businesses registered in Cambodia have until the end of the month to pay their annual property tax to the country’s General Department of Taxation (GDT). According to the GDT, business owners must pay by September 30 to avoid being fined. ...
George Styllis
http://www.cambodiadaily.com/business/businesses-must-pay-property-tax-by-october-67827/
Bilateral investment treaties offer investment protection through arbitration
Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F
Pushing the ELC envelope
Three companies accused of illegal logging in Ratanakkiri province are in possession of a combined 30,000 hectares of economic land concessions (ELCs) that are likely illegal because they are owned by the same parent firm. Hoang Anh Andong Meas, Hoang Anh Lumphat and Hoang Anh Ouyadav ...
http://www.phnompenhpost.com/2013050365405/National/pushing-the-elc-envelope.html
Gag Order on Lawyers Sparked by Comments in Mfone Case
A controversial order instructing lawyers to consult the Cambodian Bar Association before making public statements was triggered by comments made by an attorney involved in the high-profile legal battle involving mobile operator Mfone, a spokesman confirmed on Monday. Kuoy Thunna—who is representing Chinese telecommunications firm Huawei ...
http://www.cambodiadaily.com/news/gag-order-on-lawyers-sparked-by-comments-in-mfone-case-10015/
Ministry Lists Fees to Help Firms Avoid Graft Claims
The government has publicly issued lists showing the costs of fees that businesses must pay to authorities for various services, in an effort to help companies avoid making informal payments made illegal by the anticorruption law. The lists were drafted during the past year after Cambodia ...
http://www.cambodiadaily.com/news/ministry-lists-fees-to-help-firms-avoid-graft-claims-8434/
Hun Sen Announces New Tax on Agricultural Land
Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...
Cop nabbed in timber bust
The Anti-Corruption Unit has arrested a military police officer accused of involvement in an illegal luxury timber racket in Pursat province’s Krakor district – an area where government investigators conceded that complicity by the powerful was rife. On Saturday, the anti-graft agency arrested military police officer ...
http://www.phnompenhpost.com/index.php/2012110559576/National-news/cop-nabbed-in-timber-bust.html
Property tax questions asked
Cambodia’s property tax is to come into effect next month, though experts say the levy is not widely understood and may be too early. The property tax will initially focus on the capital’s properties, comprising an annual payment calculated of 0.1 percent of the value ...