Cambodia: Capital gains tax delayed to 1 January 2024

A delay of implementation of capital gains tax to 1 January 2024 for certain taxpayers announced

A delay of implementation of capital gains tax for certain taxpayers announced

The General Department of Taxation issued Notification No. 4577 GDT announcing a delay of the implementation of the capital gains tax to 1 January 2024 for certain taxpayers.

Originally (pursuant to Prakas No. 346 MEF.Prk dated 1 April 2020), the capital gains tax had an implementation date of 1 July 2020, but this was delayed to 1 January 2021, and then again to 1 January 2022. Read TaxNewsFlash

Subsequently, the Ministry of Economy and Finance issued Notification no. 008 MEF (9 May 2022) which clarifies that the delay of the capital gains tax is not applicable for resident taxpayers under the self-assessment regime.

Read a June 2022 report [PDF 168 KB] prepared by the KPMG member firm in Cambodia

 

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