News

GDT set to launch property tax app

The General Department of Taxation (GDT) is set to launch a property tax app soon, according to a senior official. Director-General Kong Vibol announced this during a GDT Special Live Show that provided an update on the tax department’s activities. ...

Sok Chan
https://www.khmertimeskh.com/50795586/gdt-set-to-launch-property-tax-app/

Cambodia collects 470 mln USD in tax in first half of 2013

Cambodia’s General Department of Taxation said Tuesday that it had collected 470 million U.S. dollars of tax in the first six months of this year, up 21 percent compared with the same period last year. The country earned the tax of 740 million U.S. dollars ...

http://news.xinhuanet.com/english/world/2013-07/09/c_132525765.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

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

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

Cambodia's tax revenue up 25 pct in 2012

The government of Cambodia has collected 740 million U.S. dollars of tax in 2012, a 25 percent rise year-on-year, the General Department of Taxation said Wednesday. The revenues have been collected from tax on profit, withholding tax, tax on salary, VAT (Value Added Tax), special tax ...

http://news.xinhuanet.com/english/business/2013-01/09/c_132091572.htm

Cambodia's tax revenue totals $683 million

The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...

http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html

Canadia, Gov't Look to Soothe Tax Process

With the deadline to pay annual property taxes rapidly approaching, hundreds of Phnom Penh homeowners queued this week at Canadia Bank’s headquarters on Monivong Boulevard to pay their tax bills in relative comfort, and avoid long visits to district and municipal taxation offices. Canadia Bank signed ...

New Online Service Launched to Smooth Tax Payment

In a bid to ease the collection of the recently introduced tax on properties worth more than $25,000, The Ministry of Finance has launched an online service to help people get the forms they need to pay the tax. In a statement released last week, the ministry said ...

Property tax deadline moved to year's end

Due to a lack of available tax collectors, the Ministry of Economics and Finance once again delayed collections on the 0.1 percent property tax on all immovable property worth approximately $25,000 or more, according to a ministry notice issued yesterday ...

Even the Cambodian elite have to pay taxes, ministry warns

The Ministry of Finance has warned Phnom Penh’s wealthiest property owners that they will be harshly penalized if they fail to pay property tax due by the end of the month. According to a notice issued by the ministry on October 27, the window for tax ...

Taxes set to reduce transactions

The pending property tax could lead to declining residential property transactions in the Kingdom as residents fear rising house prices. Although the property sector is currently stable after the country’s recovery from the financial crisis, it is expected to stall once the prakas is implemented, VMC ...

http://www.phnompenhpost.com/index.php/2011082551247/Special-Supplement/taxes-set-to-reduce-transactions.html

Lakeside Deal Skips Village 1

Hundreds of families at Boeung Kak lake would receive land titles next week, Phnom Penh governor Kep Chuktema announced yesterday, but one village has been excluded from the deal that all but ends Phnom Penh’s highest-profile land dispute. At a meeting with about 500 villagers ...

http://www.phnompenhpost.com/index.php/2011081951143/National-news/lakeside-deal-skips-village-1.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 ...

http://www.phnompenhpost.com/index.php/2011080450860/Special-Supplement/property-tax-questions-asked.html

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