Cambodia Salary Tax

Guide book of Cambodia Salary Tax year 2013.

Please click HERE to download.

Definition of 'Tax Holiday'

A government incentive program that offers a tax reduction or elimination to businesses. Tax holidays are often used to reduce sales taxes by local governments, but they are also commonly used by governments in developing countries to help stimulate foreign investment.

Used in the hopes of increasing the gross domestic product (GDP) in developing countries, tax holidays are a way in which governments attract foreign investors. Tax holidays are often put in place in particular industries to help promote growth.

CAMBODIAN TAXATION

TAXATION

General overview

Most foreign investments and foreign investors will be affected by the following taxes:

·         Tax on Profit

·         Minimum Tax

·         Withholding Tax

·         Value Added Tax

·         Import Duties

·         Tax on Salary

There are various other taxes that affect certain investors, including:

·         Accommodation Tax

·         Specific Tax on Certain Merchandise and Services

·         Tax for Public Lighting

·         Other taxes