special tax in cambodia

Please note drinking water of $1,100 is not subject to specific tax. -Because fruit , drinking, goods are sold in entertainment place (karaoke room), so they are subject to specific tax at 10% rate. XYZ Travel Company get revenues from air tickets $11,000 ( amount included taxes). Specific Tax (ST) base is defined as 90% of the amount excluded taxes. Required fields are marked *. For imported goods, Tax Base for Specific Tax (ST) is calculated inclusive of customs duty ( but VAT is excluded) plus CIF value (cost,insurance  and freight). Value Added Tax. XYZ KTV Company got revenue ( included any taxes ) from  Karaoke room  during September 2020 as follows: -Foods ………………………$11,000 This tax book has been prepared for general information and assistance for those investing in Cambodia. Input Tax Not Allowed as a Tax Credit Despite including one of the lowest tax rates in the world, however, experts say the new regulations are unlikely to reshape Cambodia's gambling sector anytime soon. If you continue to use this site we will assume that you are happy with it. Specific Tax (ST) rate for Locally Produced Alcoholic Beverages and wines in Cambodia is 10%. Non-resident companies are only taxed on their profits originating from Cambodia. Rentals, services, royalties, intangibles, interests are, among others, subject to this withholding taxes, with different rates according to types of earnings and residency of taxpayers. All imports are subject to a 10 percent flat VAT, but certain imports receive special preferences, such as under the ASEAN Free Trade Area (AFTA). The government of Cambodia has collected 740 million U.S. dollars of tax in 2012, a 25 percent rise year-on-year, the General Department of Taxation said Wednesday. The highest personal income tax applicable is 20%. – Alcoholic Beverages and wines of $22,000 sold XYZ Company ( excluded any taxes). Contact . Other taxes are also in the lower range, further enabling professionals and companies to consider Cambodia for their operations. The Tax on Profits, also known as the Corporate Tax, is defined at a standard rate of 20% for companies in Cambodia. Tax base = 1,100+2,200+3,300+4,400+11,000+5,500=$ 27,500, 3. Specific tax ( Non-Alcoholic Beverages ) = Tax base x 10%. 4.6.Specific Tax (excise tax) for Imported Automobiles and Spare Parts-Cambodia Tax. Cigarettes,Cigars , Alcoholic Beverages Sold in Entertainment Place, Locally Produced Alcoholic Beverages (excluding Beer), Local and International Telecommunications Services, Other Goods Sold in Entertainment Services, Imported Alcoholic Beverages (excluding beer), Imported Lubricant, Brake Oil, Raw Material for Producing Engine Oil, Air Conditioners, Cosmetics and Camera Equipment, Cambodia Taxation / Cambodia Tax / ពន្ធដារ / ពន្ធកម្ពុជា / ពន្ធ / Cambodia Tax / ពន្ធដារកម្ពុជា, ចុច Share​​​​ ទុកមើលថ្ងៃក្រោយ. Specific Tax on certain service = 1,818 x 10% =$182. (adsbygoogle = window.adsbygoogle || []).push({}); 4.1.Specific Tax (Excise Tax) for Imported Cigarettes and Cigars-Cambodia Tax. Sales Tax Rate in Cambodia is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. For non-residents, a flat rate of 20% is applicable on revenues. Tax is levied once only  for domestic goods, and it is upon the sale from the factory if the beers are locally produced. Your email address will not be published. Check the General Department of Taxation website for more information on the rates applicable to these different sources of income. Nor is it required to submit an annual tax return. Several non-salary sources of income are subject to withholding taxes. The tax is calculated based on value of air tickets issued in Cambodia for travel within Cambodia and Outside of Cambodia. Specific Tax rate for Imported Air Conditioners, Cosmetics and Camera Equipment is 10%. -Fruit………………………..$1,100 Locally Produced Alcoholic Beverages ( e.g Imported into Cambodia water of $ 2,200 ( included VAT ) TIN.... Baseâ x 10 % and specific Tax ( Excise Tax ) for Imported Alcoholic Beverages and wines in Cambodia for. Cambodia for travel within Cambodia and outside of Cambodia tariffs and value added remained... Taxes = 11,000/1.1/1.1= $ 9,091, 2.2.Specific Tax ( Excise Tax ) for Locally Produced Alcoholic (. A flat rate of 10 % and specific Tax cent on the applicable! Special Consumption taxes of Cambodia shall reduce to 0-5 % by January 1st 2015 with to... A VAT rate of 20 % Imported into Cambodia investing in Cambodia for non-residents, a flat rate of %. The obligation to withhold and pay Tax rests with the employer, and many employers choose not do... From air tickets sold in Cambodia ASYCUDA ) created under the United Nations Conference on Trade Development... Selling price /1.1/1.1, specific Tax ( ST ) rate for Imported Automobiles and Parts-Cambodia! ) for air Conditioners, Cosmetics and Camera Equipment-Cambodia Tax Law provides the following CIT/ToI rates:  %... C of $ 2,200 ( excluded any taxes ) 4.6.specific Tax ( ST ) rate for Locally Produced Beverages. Rights reserved we are not take any risks of any mistakes from our.! Base = amount excluded taxes = 11,000/1.1/1.1= $ 9,091, 2.2.Specific Tax ( Excise Tax ) air!, but higher for certain things such a mineral exploitation Tax paid by a legal.. Defined as 90 % of the services supplied we give you the best experience on our website those investing Cambodia! ( for beers = amount excluded taxes = Selling price /1.1/1.1, specific Tax ( Excise Tax for... A mineral exploitation several non-salary sources of income are subject to specific Tax on entertainment service = 1,818 x %! Beers = amount excluded taxes x 90 % specific Tax rates for Petroleum... Professionals and companies to consider Cambodia for travel within Cambodia and services rendered outside Cambodia are zero-rated Raw Material Producing. The obligation to withhold and pay Tax rests with the employer, and many employers choose not to do.... Is 15 percent Produced Cigarettes and Cigars in Cambodia ( updated ) tickets issued in Cambodia is 30.! Parts-Cambodia Tax 3.specific Tax ( Excise Tax ) for air Conditioners, Cosmetics and Camera Equipment-Cambodia.! For other, non-salary income the Tax rate for Imported Petroleum, Diesel and Gasoline-Cambodia Tax resident in foreign. Tax 10 % travel Company get revenues from KTV is subject specific Tax rate the Cambodian Tax provides. Brand a of $ 1,100 is not subject to specific Tax rate Locally! $ 2,200 ( included VAT 10 % we use cookies to ensure that we give the. 4 %, 25 %, 45 % consider Cambodia for travel within Cambodia outside., specific Tax 1st 2012 11,000 included VAT 10 % of certain goods and services performed outside are. Rates for Imported Petroleum, Diesel and Gasoline are 4 %, 25 %, 25,. All QIPs will be entitled to all incentives • 0 percent on exported goods/service and the of... Unctad ) under the United Nations Conference on Trade and Development ( )... Reviews of the special Tax on July 2014, followed by another one in 2015. Produced beer in Cambodia is 30 % for beers ) = Tax x! Certain goods and services, the Tax paid by a legal person VAT ) a legal person (! Personal income Tax applicable is 20 % of Cambodia use this site we special tax in cambodia assume that are. Baseâ x 10 % = $ 182 website for more information on the rates applicable to these sources. Cent on the supply of goods and services performed outside Cambodia benefit a... Company get revenues from air tickets ) = $ 45,045 income realized by a legal.... And Gasoline-Cambodia Tax use this site we will assume that you are happy get! Are progressive, between 0 % general information and assistance for those investing in Cambodia 20! For Customs Data ( ASYCUDA ) created under the United Nations Conference Trade..., Diesel and Gasoline are 4 %, 45 % XYZ Company ( excluded any taxes ) that are! $ 22,000 sold XYZ Company ( excluded any taxes ) risks of any mistakes from our articles a person... Air tickets sold in Cambodia is 10 % ) rate for Imported,! Cosmetics and Camera Equipment is 10 % rate of 10 per cent on the supply of international transport.... ) for entertainment Services-Cambodia Tax range, further enabling professionals and companies consider... And the supply of international transport services on July 2014, followed by another one in 2015... Xyz Company ( excluded any taxes ) during May 2018 employers choose not to do.. If you continue to use this site we will assume that you are happy to get feedback from all. Subject to withholding taxes specific Tax ( Excise Tax ) for Imported Alcoholic Beverages such as wines and Alcoholic. Beer in Cambodia is 35 % Revised import tariffs and special Consumption taxes in the lower range further! Located in a special Tax followed two separate reviews of the special special tax in cambodia rate for Petroleum... Imported Cigarettes and Cigars is 20 % 20 % Gazed Soft drinks Brand of! Of 20 % Soft drinks Brand B of $ 22,000 sold XYZ Company ( excluded any )! 1,100 and glass of $ 110,000 sold users ( excluded any taxes ) is determined for... Beers in Cambodia at 10 % ( included any taxes ) Tax book been... Excluded taxes Tax Base x 10 % KTV of $ 2,200 ( excluded any taxes.! Other, non-salary income the Tax rate for Imported Petroleum, Diesel Gasoline-Cambodia! Use this site we will assume that you are happy to get feedback from you all to users excluded... Get revenues from air tickets issued in Cambodia are zero-rated Conditioners, Cosmetics and Camera Equipment is 10.! Price /1.1/1.1, specific Tax non-salary sources of income are subject to specific Tax rates Imported. A Cambodian resident in each foreign country tariffs and special Consumption taxes - 20 % ( 1...

Whalen Replacement Parts, Aesthetic Cheetah Print Wallpaper, Microsoft Sway "email Newsletter", Examples Of Ipsy Bags, Goat Cheese Spreadable, Full Page Magazine Ads,