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Cambodia Again Delays Capital Gains Tax Plans

Monday, March 21, 2022

Authorities in Cambodia have announced a further two-year delay to the implementation of a capital gains tax.

The rules for the regime were set out in Prakas 346, in the Khmer language, issued in September 2020. The levy, which was originally to be introduced from July 2020, was previously extended to January 1, 2021, and again to January 1, 2022. It will apply to gains derived from the sale of all properties, intellectual property, and capital investments, including leases, stocks, and foreign currencies, less allowed deductions.

The levy will now be introduced only from January 1, 2024, the Government said in Notification 4577 GDT, issued on March 9.