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Phnom Penh's skyline. Cambodia's new property tax will start being collected from January next year, say government officials. (Photo by: Sovan Philong) |
Soeun Say
The Phnom Penh Post
Cambodia's new national property tax would be implemented from January next year, boosting the federal coffers up to an estimated US$4 million, officials said yesterday.
The real estate division at the Ministry of Economy and Finance was granted approval on Friday to establish a committee for property evaluation, Norng Piseth, the Real Estate Division chief, told The Post.
“We have prepared the prakas to establish a committee for property evaluation and we will start implementing tax collection on property from early 2011 next year, as the National Assembly requires,” he said.
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The real estate division at the Ministry of Economy and Finance was granted approval on Friday to establish a committee for property evaluation, Norng Piseth, the Real Estate Division chief, told The Post.
“We have prepared the prakas to establish a committee for property evaluation and we will start implementing tax collection on property from early 2011 next year, as the National Assembly requires,” he said.
Please click here to read more...
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