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Cambodia to tax properties

Posted on 31 December 2010

From Property-report.com: The move follows the passing of a new law by The National Assembly in November 2009 that stipulates tax will be charged on all real estate transactions including land, houses, apartments and infrastructure related deals.
Keat Chhon, MEF deputy prime minister was quoted as saying that although the amount of income from the tax would be minimal, the government felt it an essential move in order to increase the national income and continue to develop the country……………………………………….Full Article: Source


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