IMF: property taxes deliver the largest increase in GDP
IMF: property taxes deliver the largest increase in GDP
Phnom Penh Post
Revenue from property tax accounted for 0.1 per cent of gross domestic product (GDP) which is very low compared to other countries in the region, an International Monetary Fund (IMF) working paper said.
https://www.phnompenhpost.com/business/ ... crease-gdp
Basis for calculating Stamp tax 4% on right transfer has been increased (using updated property price which is 3,4 times higher than last year) since beginning of this year, but I believe before an optimal solution is found for tycoons who combines probably owns 75% of Cambodia land, GDT may not introduce any major changes to the 0.1% annual property tax.
Revenue from property tax accounted for 0.1 per cent of gross domestic product (GDP) which is very low compared to other countries in the region, an International Monetary Fund (IMF) working paper said.
https://www.phnompenhpost.com/business/ ... crease-gdp
Basis for calculating Stamp tax 4% on right transfer has been increased (using updated property price which is 3,4 times higher than last year) since beginning of this year, but I believe before an optimal solution is found for tycoons who combines probably owns 75% of Cambodia land, GDT may not introduce any major changes to the 0.1% annual property tax.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 7 Replies
- 2914 Views
-
Last post by canucklhead
-
- 7 Replies
- 4133 Views
-
Last post by daeum_tnaot
-
- 0 Replies
- 855 Views
-
Last post by CEOCambodiaNews
-
- 6 Replies
- 1349 Views
-
Last post by bong.kuit
-
- 4 Replies
- 1463 Views
-
Last post by cabron
-
- 1 Replies
- 726 Views
-
Last post by violet
-
- 2 Replies
- 1103 Views
-
Last post by newkidontheblock
Who is online
Users browsing this forum: armchairlawyer, InkkieTime, IraHayes, Semrush [Bot] and 612 guests