The Slaughter Tax is collected on all economic components when killing cow, buffalo and pig The Slaughter Tax is collected one time on the killed animals at the killing place or at the slaughter place in special case, the Ministry of Economy and Finance shall determine the procedure of collecting the slaughter tax from the buyer, transporter or the live
Continue reading Unused Land Tax The Unused Land Tax is levied on a non-constructed land and the abandon constructed land which are located in the cities and the areas which are levied by the Unused Land Appraisal Committee (ULAC).The Unused Land Tax is paid by the owners. The Tax Base is the market value of land within each cities and regions which
Continue reading Registration Tax Registration Tax also referred to as seal tax or stamp duty is a tax imposed on the transfer of ownership or possession of certain types of property. Registration Tax is levied at a rate of 4% on transfer of all immovable property (building , land) : transfer of ownership of real property or transfer of occupancy right of
Continue reading Cambodia Patent Tax The Patent Tax is applied on total annual turnover and is paid by the end of March every year. The new taxpayer shall pay this tax in a full year amount if the business is started within the first half of the year, or pay in a half year amount if the business is started within the
Continue reading Stamp Tax is levied on administration documents, court documents, non-court document and panos/posters. The royal government shall determine the scope of implementation and stamp tax table in the sub-decree. The competent authority or agency shall not receive or issue the documents which is subject to stamp tax, but not yet pay this tax. Stamp Tax is paid by affixing stamps
Continue reading Tax on Property Rental-Summary Tax on property rental is applied when the lessor is an individual. Tax on property rental is set by the rental received as the following: Buildings such as houses, factories, warehouses, offices, and so forth Manual tools are equipped with industrial institutions Industrial and commercial installed fittings established in place, large buildings loaded with liquids and
Continue reading Specific Tax on Certain Merchandises and Services-Summary The Specific Tax on Certain Merchandise and Services is imposed on a number of local and imported products, and services. Specific taxes charged once. We can classify three specific taxes. 1.the local producers of following goods are subject to specific tax : gazed soft drinks at 10% Alcoholic product and wine at 35%
Continue reading Value Added Tax-Summary The self-assessment regime taxpayers who are making taxable supplies are obliged to register for VAT, and collect VAT from the supplying of goods or services to their customers. The term “good” means tangible property other than land or money. The term “service” means the provisions of something of value other than goods, land, or money. Taxable supply
Continue reading Tax on Salary (TOS) and Fringe Benefit Tax Tax on Salary (TOS) Term Salary The term Salary is defined to include basic remuneration, wages, bonuses, overtime, and other compensations. Physical person resident The tax on salary is a monthly tax imposed on salary that has been received within the framework of fulfilling employment activities. A physical person resident in the
Continue reading Summary for withholding tax on resident and non-resident Withholding Tax on Resident Any resident taxpayer carrying on business and who makes any payment in cash or in kind to a resident paxpayer shall withhold, and pay a tax, an amount according to the below mentioned rates which are applied to the amount paid before withholding the tax: – Performance of
Continue reading