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Sep 08, 2014

Annual Property Tax Due September 30, 2014


By James Robert and Dary So

Annual property tax for registered businesses in Cambodia is due September 30, 2014 and must be paid at the General Department of Taxation.
 
Notification 2165 dated 31 July 2014 Reminder for Property Tax 2014
 
The General Department of Taxation under the stewardship of His Excellency Kong Vibol, have provided a gentle reminder to property owners for payment of taxes by the 30 September 2014.
 
Notification 2165 dated 31 July 2014 provides a timely reminder for property owners that property taxes must be paid to the Tax Authority by the end of September.
 
For those tax payers who have not previously paid property taxes, an assessment of property taxes is required from the district tax authority in the area where the property is located.
 
This assessment can then be paid either directly to the tax authority or via one of the approved banks (ACELDA or Canadia bank). 
 
Whilst property tax is relatively simple, should you need any assistance to confirm the calculations, tax base or method of assessment please don’t hesitate to contact us for further assistance.
 
Sciaroni & Associates Taxation Practice Group is a full service Accounting and Advisory practice, servicing the needs of expatriate and international businesses.  To our local clients we bring international standards of professional service and to our international clients we merge our understanding of local compliance and legislative practices with quality of service and financial information required for global business.  
 
Sciaroni & Associates is a leading legal and investment advisory firm serving Southeast Asia since 1993 with offices in Cambodia, Laos and Myanmar.  Sciaroni & Associates assists clients in understanding the complex business conditions in those markets while efficiently identifying and resolving issues following strict international ethical standards.  Our firm provides experienced advice and seasoned business insights to many of the world’s leading companies, governments, economic think tanks, global development funds and international NGOs. For more information please visit www.sa-asia.com or contact us at info@sa-asia.com
 

 
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Sciaroni & Associates is a leading professional and investment advisory firm doing business in Southeast Asia since 1993. Based in Cambodia with legal offices in Laos and Myanmar, we provide experienced advice and business insights to many of the world’s leading companies, governments, economic think tanks, global development funds, international NGOs and the Royal Government of Cambodia in accordance with strict international standards.
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