News
Hun Sen says civil servants to get tax break
Prime Minister Hun Sen said on Thursday that civil servants making less than 800,000 riel, or about $200, a month will be exempt from paying income taxes, just days after the Finance Ministry sent a very different message to the country’s garment workers. ...
Hul Reaksmey
http://www.cambodiadaily.com/news/hun-sen-says-civil-servants-to-get-tax-break-69534/
Property tax revenue for this year tops $1M
With the deadline for property owners to pay their dues passing today, Acleda Bank – one of two agencies collecting tax for the government – has received over $1 million in property tax payments this financial year. So Phonnary, executive vice president of Acleda Bank, told ...
Hor Kimsay
http://phnompenhpost.com/business/property-tax-revenue-year-tops-1m
Cambodia earns 532 mln USD tax revenue in H1
Cambodia collected 532 million U.S. dollars in tax revenue during the first half of 2014, up 13 percent over the same period last year, said a news statement released by the General Department of Taxation on Wednesday. The revenue came from an increase in income taxes, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/23/c_133505529.htm
Tax dept can’t do job, report says
Cambodia’s tax department is under-resourced and understaffed, thereby hindering its ability to generate revenue, according to an Asian Development Bank (ADB) analysis released earlier this month. The analysis, which took into account survey results from 22 tax revenue bodies across Asia between 2012 and 2013, paints ...
Eddie Morton
http://www.phnompenhpost.com/business/tax-dept-can%E2%80%99t-do-job-report-says
Cambodia collects tax of 881 million USD in 2013
The kingdom’s General Department of Taxation had collected 881 million U.S. dollars of taxes in 2013, up 19 percent from 740 million U.S. dollars in a year earlier, a press release said Thursday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/09/c_133031865.htm
Cambodia’s tax revenue still on rise
In the first nine months of the year, Cambodia’s tax revenue increased more than 17.3 per cent from the corresponding period in 2012, data from the General Department of Taxation show. Total tax revenue rose to $678.1 million from $578 million. ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-tax-revenue-still-rise
Tax reform looms large for new government
Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government
Cambodia's tax revenue up 17 pct in 8 months of 2013
Cambodia’s General Department of Taxation said Monday it had collected 606 million U.S. dollars of tax [sic] in the first eight months of the year, up 17 percent compared with the same period last year. The revenue came from tax on profit, withholding tax, tax on ...
Asean-China Center News Staff
http://www.asean-china-center.org/english/2013-09/10/c_132708061.htm
Chamber wants new tax laws
The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...
http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws
Foreign visitors to Cambodia's World Heritage Preah Vihear temple rise 39 pct in 5 months
Cambodia’s Preah Vihear temple, a World Heritage site, received 4,710 foreign tourists in the first five months of this year, up 39 percent compared with the same period last year, statistics by Preah Vihear province’s tourism department showed Tuesday. Kong Vibol, chief of the department, said ...
http://www.asean-china-center.org/english/2013-06/19/c_132468531.htm
Tax collection in Cambodia up 24 pct in 5 months
Cambodia’s General Department of Taxation unveiled on Friday that the country collected 395 million U.S. dollars of tax in the first five months of this year, up 24 percent year on year. In May alone, the department collected 73 million U.S. dollars, up 4 percent ...
http://www.asean-china-center.org/english/2013-06/09/c_132443845.htm
Prakas Set to Control Tax Agents
The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...
http://www.phnompenhpost.com/2013050265367/Business/prakas-set-to-control-tax-agents.html
Tax revenue sees a 27 per cent jump
The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...
http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html
Cambodia collects 122 mln USD in tax in last two months
Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.S. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. In the whole year of 2012, ...
http://www.asean-china-center.org/english/2013-03/08/c_132218418.htm
PM Adviser given extra title at financial ministry
Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Economics and Finance, according to the Royal Book entry of August 22. In addition to his expertise in taxation, Vibol is also ...
Tourism not affected by Preah Vihear fighting
Preah Vihear temple may have been the scene of the country’s heaviest military engagement in recent years, but visitors have not been scared off by the confrontation, according to local tourism officials. Kong Vibol, Preah Vihear provincial director of the department of tourism, claimed that his ...
Temple visits slow after clash
Tourists are still wary about travelling to Preah Vihear temple following border clashes in the area earlier this year, according to provincial officials. Visitor numbers had declined 15.5 per cent during the first seven months compared year on year, but had slowly begun rising in ...
http://www.phnompenhpost.com/index.php/2011082651273/Business/temple-visits-slow-after-clash.html