Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Current Tax Law: No. 23

Current Tax Law: No. 23

  • Turnover Tax: Business, manufacturing, forestry industries, etc. at a turnover

    rate of 1%. Services at rate of 2%, paid monthly by taxpayer except on tax holiday

  • Profits Tax: All businesses ranging from 26% on manufacturing to 4% on services.

    Applied to business profits. Since most businesses do not have to keep records, it

    is set on standards of profit margins for any business. Usually 4-6% but can vary.

    Paid annually.

  • Import Tax: represent 70% of the business taxes paid in Cambodia. Not the same

    as customs duty. Collected by tax department, not customs department. 4-12% depending

    on the type of item. Tax is not applied to CIF or market value buy a unit price set

    by the Ministry of Finance.

  • Rental Income Tax: Owners of residential property. 10% of rental income paid

    by foreigners or international agencies. Commercial tenants and Cambodians are not

    charged.

  • Other Taxes:
  • Real Estate at 6%, Vehicles at 4%, Ships at 12%. Rates apply to official rather

    than market prices.

  • Motor Vehicle Licence Fee: Standard annual registration fee, set in riel based

    on the size of the vehicle.

  • Hotel Lodging Tax: Hotel owner pays 10% for all guests.
  • Business License Fee: Annual registration License on business and professionals.

    Basis is estimated on turnover applied at from .5-8%.

  • Slaughter Tax: Slaughter houses. 3%
  • Stamp Tax: applications or licenses. Riels10,000-300,000
  • Excise Tax: On consumables: cigarettes, tobacco, liquor, coffee, soft drinks,

    lotus seeds, ice cream. 20-50%.

0

Comments

Please, login or register to post a comment

Latest Video

Bodies of Cambodian peacekeepers returned to Kingdom

The bodies of four Cambodian peacekeepers killed by a Christian militia in Central African Republic were repatriated to the Kingdom and honoured in an airport ceremony on May 21.

Phnom Penh eats: Ptas Nak Battambang

As the name suggests, Ptsa Nak Battambang – which in English means Battambang's house – is the right place for those who want to try some of the province's typical dishes in Phnom Penh.

People drive past an advertisement for beer.

Prime Minister Hun Sen issued a directive on Friday banning the sale and consumption of alcohol on June 3 and 4 to prevent unrest during commune el

Military police stand guard outside a polling station that was allegedly prematurely closed to eligible voters during the 2013 general election in Kandal province. Photo supplied

The Ministry of Defence on Friday lashed out at civil society and election monitoring groups, claiming a