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

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

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 ...

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 ...

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