News
Tax collection soars
Tax collections rose to $768 million in the first quarter of this year, a 92 percent rise on the same period last year. General department of taxation director-general Kong Vibol told a meeting chaired by Finance Minister Aun Pornmoniroth on April 23 that the collection figure ...
Chinese dual tax burden relieved
![](https://pp.opendevelopmentmekong.net/wp-content/uploads/2016/10/a_cambodian_and_chinese_flag_adorn_the_side_of_a_chinese_run_development_in_phnom_penh_yesterday_afternoon_19_10_2016_pha_lina-1-150x150.jpg)
An extensive tax treaty that would shield Chinese businesses operating in the Kingdom from double taxation, and vice versa, has been drafted and is expected to be approved imminently, according to a senior Cambodian tax official. Experts said on October 19 the double taxation agreement would create ...