GDT Starts Listing & Updating Real Estate Information in Svay Rieng Province

The General Department of Taxation will start the work of listing and updating real estate information in Svay Rieng province aimed to collect real estate data for the benefit of tax revenue collection.

The GDT in cooperation with the Svay Rieng Provincial Administration, organized a meeting on the preparation for listing and updating of real estate information on June 17, with the participation of relevant officials of the Svay Rieng Provincial Administration and the General Department of Taxation.

The Real Estate Survey working team will start working in the five communes of Bavet City, Svay Rieng Province from June 22, 2022.

Speaking at the meeting, HE Heng Soknang highly appreciated the implementation of a real estate survey working group in the capital and provinces and work in Svay Rieng province to collect real estate data for the benefit of tax revenue collection.

As of present, the General Department of Taxation has provided tax services for listing and updating real estate information in the 14 districts of Phnom Penh and in some provinces, including Kandal, Battambang, and Banteay Meanchey, Siem Reap and Kampot.

- Video Advertisement -

Related Post

Mondulkiri Authorities Launch Extensive Crackdown on Illegal Mining with 56 Sites Targeted

In an intensive crackdown spanning just three days, from 3 to 5 November 2024, the Mondulkiri Provincial Department of Mines and Energy, together with other local authorities, successfully intervened at 56 locations identified for illegal mining operations across Mondulkiri province. This major operation underscores Cambodia’s growing commitment to regulate mining activities and protect its natural […]

Cambodian Gov’t Extends Stamp Duty Exemption on Homes Up to USD 70,000 Until End of 2025

The Ministry of Economy and Finance has announced an extension of the stamp duty exemption for transferring ownership or possession of all types of borey housing valued at USD 70,000 or less, continuing this benefit until the end of 2025. This initiative aims to stimulate the real estate market by offering substantial tax relief to […]

Tycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong

The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from […]

South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector

Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of […]

GDT Sets Property Tax Deadline for 30 September 2024

The General Department of Taxation (GDT) has reminded all property owners to fulfil their property and land tax obligations by 30 September 2024. The announcement, made on 31 July 2024, , emphasises the critical importance of meeting this deadline to ensure a smooth tax collection process. To facilitate efficient tax payments, the GDT encourages property […]

Cambodian Senate Approves Landmark Air Transport Law to Boost Aviation Sector

In a significant move to bolster Cambodia’s aviation industry, the Senate has unanimously approved the draft law on international air transport. The approval, achieved with 56 out of 56 votes during the extraordinary session of the Senate of the 5th legislature, was held under the chairmanship of Samdech Techo Hun Sen on 31 July 2024. […]