News

Tax, customs revenue hits $1.68B this year

Cambodia collected some $1.68 billion in revenue from customs and taxation during the first three months of this year, said Prime Minister Hun Sen. Speaking recently at the 18th Government-Private Sector Forum, he said revenue from the Kingdom’s customs fees accounted for about $668 million ...

Hor Kimsay
https://www.phnompenhpost.com/business/tax-customs-revenue-hits-168b-year

Register now or miss out on tax breaks, ministry says

Government officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering ...

Sok Chan
https://www.khmertimeskh.com/50549752/register-now-or-miss-out-on-tax-breaks-ministry-says/

Revenue for Ministry of Land on the increase

In 2017, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) collected about 371 billion riel (about $ 92 million) in revenue last year, according to a report from the ministry. The income from taxes on property transfers alone collected by the General Department ...

Sum Manet
http://www.khmertimeskh.com/5099644/revenue-ministry-land-increase/

Soaring VAT collection boosts tax revenue

The General Department of Taxation collected $1.54 billion in tax revenue during the first nine months of the year, a 29 percent increase compared to the same period last year, it said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/soaring-vat-collection-boosts-tax-revenue

Daily founder claims liability

The founder of the now-shuttered Cambodia Daily, Bernard Krisher, has told Prime Minister Hun Sen in a letter that he will travel to the Kingdom to take on any tax liabilities of his daughter, Deputy Publisher Deborah Krisher-Steele, stemming from the paper’s dispute with the ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/daily-founder-claims-liability

Daily trio face tax department charges

The Tax Department yesterday escalated its attack on the Cambodia Daily by filing a legal complaint accusing its founder and two directors of obstructing the tax process and tax evasion, which could see them face up to six years in prison. ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/daily-trio-face-tax-department-charges

More condemn shutdown of Daily

International condemnation of the government’s aggressive pursuit of a tax dispute with the Cambodia Daily continued to pour in yesterday, with the US Embassy in Phnom Penh calling the closure of the hard-hitting newspaper a “sad day for the press and for Cambodia”. ...

Ananth Baliga
http://www.phnompenhpost.com/national/more-condemn-shutdown-daily

Daily silenced after 24 years

After 24 years of fiercely independent journalism, the Cambodia Daily will publish their final edition today due to an “exorbitant” $6.3 million tax bill levelled at them last month – an outcome critics say threatens Cambodia’s free press ahead of next year’s crucial national election. ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/daily-silenced-after-24-years

NGOs to meet deadline

Prominent NGOs yesterday said they are trying to comply with the new law on organisations and will meet the Interior Ministry’s deadline to submit reports by the end of September. ...

Khuon Narim
http://www.khmertimeskh.com/5079234/ngos-meet-deadline/

Cambodia Daily given till Sept 4 to pay taxes

The Tax Department’s Kong Vibol on Saturday said English-language newspaper the Cambodia Daily faced shuttering and the seizure of its assets if it failed to pay back taxes it allegedly owes by September 4 – a seeming escalation in the government’s recent targeting of NGOs and ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/cambodia-daily-given-till-sept-4-pay-taxes

Tax Department reaches out to NGOs

At least three local NGOs have been called for questioning by the Ministry of Economy and Finance’s Taxation Department to clarify their tax payments, amid an aggressive tax collection campaign that has recently gone after media outlets the Cambodia Daily, Voice of America and Radio ...

Leonie Kijewski and Niem Chheng
http://www.phnompenhpost.com/national/tax-department-reaches-out-ngos

After Cambodia Daily’s $6M bill, tax authority targets RFA, VOA

Popular media outlets Radio Free Asia and Voice of America have become the latest to draw the attention of the government for allegedly not paying taxes, one week after a letter to the Cambodia Daily demanding more than $6 million in back taxes was leaked. ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/after-cambodia-dailys-6m-bill-tax-authority-targets-rfa-voa

Tax Department collects $760M in first quarter

The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). ...

The Phnom Penh Post staff
http://www.phnompenhpost.com/business/tax-department-collects-760m-first-quarter

Sleeker tax system nets more revenue

Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. ...

Hor Kimsay
http://www.phnompenhpost.com/business/sleeker-tax-system-nets-more-revenue

Ministry explains tax hikes on heavy transportation vehicles

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. ...

Lay Samean
http://www.phnompenhpost.com/national/ministry-explains-tax-hikes-heavy-transportation-vehicles

Alcohol, cigarette tax to increase on April 1

The General Department of Taxation has asked alcohol and cigarette firms to implement proposed increases in special tax on their products, as per a subdecree issued last December. ...

Post Staff
http://www.phnompenhpost.com/business/alcohol-cigarette-tax-increase-april-1

Revenue from taxes continues to rise

The General Department of Taxation collected almost $116 million in tax revenue last month, up 10 percent over January 2015, with strong growth across all segments, according to official data released on Friday. ...

Sum Manet
http://www.khmertimeskh.com/news/21412/revenue-from-taxes-continues-to-rise/

Patent tax can now be paid at banks, department says

The General Department of Taxation notified patent owners that they have three months to pay taxes owed on their patents, but they can do so at banks this year for the first time,  its director general said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/19467/patent-tax-can-now-be-paid-at-banks--department-says/

Tax dispute procedures tightened, onus on taxpayer

Having recently disbanded the so-called estimated tax regime, a flexible scheme that reduced the tax obligations of small and medium enterprises, the General Department of Taxation has issued a new prakas aimed at hastening tax audits and the appeals process, but which also increases the ...

Ananth Baliga
http://www.phnompenhpost.com/business/tax-dispute-procedures-tightened-onus-taxpayer

Revenues from taxes tops $1B

The General Department of Taxation collected more than $1.06 billion in tax revenue in 2014 up by about 17.7 per cent on the $900 million collected in 2013, according to a statement from the tax department released yesterday. ...

May Kunmakara
http://www.phnompenhpost.com/business/revenues-taxes-tops-1b

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