News

Tax revenues grow state coffers by $1.3B

Revenue from tax collection jumped 25 per cent in 2015, government officials revealed yesterday, saying the tax department has collected about $1.3 billion on the back of better compliance and awareness among the private sector.At a seminar in Phnom Penh, Kong Vibol, director of the ...

Sor Chandara
http://www.phnompenhpost.com/business/tax-revenues-grow-state-coffers-13b

Gov’t to crack down on overdue road tax

The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...

Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/

Tax revenue soars on vehicle, tobacco tariffs

Cambodia’s General Department of Taxation (GDT) collected $1.09 billion in taxes during the first 10 months of 2015, up 23.9 per cent compared to the same period a year earlier, according to a statement posted on its website. ...

Post Staff
http://www.phnompenhpost.com/business/tax-revenue-soars-vehicle-tobacco-tariffs

General Department of Taxation postpones property taxes deadline again

The General Department of Taxation (GDT) Cambodia has once again announced the second postponement of 2015 tax payment for real estate by setting a new deadline to the end of November this year. ...

Siv Meng
http://www.phnompenhpost.com/real-estate/general-department-taxation-postpones-property-taxes-deadline-again

Tax collections reflect increased payment options

Government coffers received close to a billion dollars in tax revenues for the first nine months of the year, up 25 per cent compared to the same period a year earlier, with convenient tax payment options contributing to this rise, according to the latest quarterly ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tax-collections-reflect-increased-payment-options

SMEs urged to register at Taxation Department

Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday.​ ...

Ayanna Runcie
http://www.phnompenhpost.com/business/smes-urged-register-taxation-department

Japan wraps up tax audit project

Cambodia’s General Department of Taxation and the Japan International Cooperation Agency yesterday completed a more than three-year project to improve taxpayer services and increase tax audit capacity of the government entity. ...

Sok Chan
http://www.phnompenhpost.com/business/japan-wraps-tax-audit-project

Cambodia's tax revenue up 38.5 pct in first half of 2015

The Cambodia’s General Department of Taxation (GDT) reported Monday that it collected 707 million U.S. dollars in taxes during the first six months of this year, up 38.5 percent over the same period last year. ...

Xinhua team
http://www.khmertimeskh.com/news/12961/cambodia-s-tax-revenue-up-38-5-pct-in-first-half-of-2015/

GDT threatens to publicly shame late payers

The Tax Department has threatened to publicly name companies that have not paid their outstanding dues by the end of the month. In an announcement posted on its website and in local media on Tuesday, the General Department of Taxation called on all company directors with ...

May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/gdt-threatens-publicly-shame-late-payers

Firms that list to see tax cut

New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut

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