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The newly introduced Taxation Law is devoid of any complications. As Khmer Times breaks down the 84-page law to its readers, it sees the government has launched the Taxation Law at a perfect time to strengthen tax collection and ease of compliance.
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) yesterday started the dissemination of the new taxation law through a special live program after it was officially promulgated by Cambodian King Norodom Sihamoni on May 16, 2023.
Covid-19 may be scary, but it is not as frightening as another hidden danger that is killing more than 480,000 people every year, said Sim Srey Leap from Net Yang High School in Battambang province, who won the first prize in the “Measures to increase taxes on tobacco” public speaking contest.