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On Jun 30, 7:24 am, Watkeo Kuma <[email protected]> wrote:
> That is about time for property tax, Cambodia government can also tax on 
> property boat house (floating house) along the Mekong river and Beng Tonle 
> Sap. That is an excellent resource both clean polution and government can 
> boost up economey.
>
>
>
>
>
> > Date: Wed, 30 Jun 2010 05:12:21 -0700
> > Subject: Re: Cambodia to launch new property tax by end this year
> > From: [email protected]
> > To: [email protected]
>
> > How long have the American people been doing that?
> > It is time for Cambodians to start looking for ways to support
> > themselves.
> > It is time for Cambodians to reduce their dependence on foreign aids.
>
> > On Jun 29, 3:42 am, "Sam Rainsy Party of North America"
> > <[email protected]> wrote:
> > > Property tax: a courtesy of the CPP
> > > Cambodia to launch new property tax by end this year
>
> > > PHNOM PENH, Jun. 29, 2010 (Xinhua News Agency) -- Cambodian government is 
> > > set to launch a new property tax by the end of this year, local media 
> > > reported on Tuesday, citing officials at the Ministry of Economy and 
> > > Finance.
>
> > > Under the Finance for Management Law, passed in November, purchasers of 
> > > constructions worth more than 100 million riels ( around 25,000 U.S. 
> > > dollars) will be required to pay an annual tax worth 0.1 percent of 
> > > property value.
>
> > > "We are preparing a prakas to establish a committee to evaluate property 
> > > and we will start implementing tax collection in the end of this year, as 
> > > the National Assembly requires," Norng Piseth, chief of the Real Estate 
> > > Division at the Ministry of Economy and Finance was quoted by the Phnom 
> > > Penh Post as saying.
>
> > > "It is very important for increasing national income," he added.
>
> > > Although the new levy is not expected to raise large amounts of 
> > > additional funds, as Minister of Finance Keat Chhon has estimated tax 
> > > revenue would be between 3 million U.S. dollars and 9 million U.S. 
> > > dollars, the government has voiced its ambition to improve tax 
> > > administration.
>
> > > About 180,000 houses that are under municipal and provincial 
> > > administration would be covered under the new property tax, according to 
> > > Hang Chuon Naron, secretary of state of the Finance Ministry.
>
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>
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