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Property Tax Deadline Has Been Postponed Until October 31

2021-09-30
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Summary:The deadline for paying 2021 property taxes has been extended from September 30 to October 31, and usual penalties will apply. The regulator recommended paying property taxes through their GDT Taxpayer App, which is available on Android and iOS 11.0 and above.

Compass Cambodia report - In view of the Covid-19 crisis, the deadline for paying 2021 property taxes has been extended from September 30 to October 31, and the regular penalties will apply to late payments made from November 1, according to the General Department of Taxation (GDT) on September 28.

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As corporations and auditors faced with the repercussions of the pandemic last year, the GDT gave a similar extension.

To reduce time and effort while reducing the risk of spreading the coronavirus, the regulator suggested paying property taxes through their GDT Taxpayer App, which is available on Android and iOS 11.0 and above.

The GDT stated in the letter that it "highly hopes that all property owners will move fast and disclose their taxes on time, as scheduled" during the tax deferral period.

Last year, the finance ministry unit recorded tax collection of 11.70052 trillion riel ($2.89 billion), up 423.20 billion riel or 3.73 percent from 2019.


Source: Compass Cambodia comprehensive arrangement

Editor: Malinda         Chief Editor: Sunnie         General in Chief/Executive Producer: Nicole

 

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