Podcast
Questions and Answers
What is one of the essential documents required for applying for a property tax payment card?
What is one of the essential documents required for applying for a property tax payment card?
- A recent bank statement
- A health insurance certificate
- A letter from a financial advisor
- A copy of the Property Ownership Certificate (correct)
During which period must property tax be filed and paid?
During which period must property tax be filed and paid?
- January 1st to September 30th (correct)
- February 1st to December 31st
- April 15th to October 15th
- August 1st to November 1st
What determines if a property is subject to property tax?
What determines if a property is subject to property tax?
- If it has more than two bedrooms
- If it is located in a historical district
- If it is used for rental purposes
- If the value exceeds 100,000,000 Riels (correct)
Which type of property is exempt from property tax?
Which type of property is exempt from property tax?
What is the potential consequence for late payment of property tax?
What is the potential consequence for late payment of property tax?
Where can property taxes typically be paid?
Where can property taxes typically be paid?
What must be provided to verify newly built or renovated properties during the application for a property tax payment card?
What must be provided to verify newly built or renovated properties during the application for a property tax payment card?
What document should you include if there is a water or electricity bill for the property?
What document should you include if there is a water or electricity bill for the property?
What are the acceptable locations for declaring and paying property tax?
What are the acceptable locations for declaring and paying property tax?
Are agricultural lands with certificates subject to property tax in Phnom Penh?
Are agricultural lands with certificates subject to property tax in Phnom Penh?
What is the annual property tax rate applied to the tax base?
What is the annual property tax rate applied to the tax base?
How is the property tax base determined?
How is the property tax base determined?
What is the service fee to apply for a Property Tax Payment Card?
What is the service fee to apply for a Property Tax Payment Card?
Where can a property owner obtain a Property Tax Payment Card?
Where can a property owner obtain a Property Tax Payment Card?
How is the property tax affected by the lifespan of the construction?
How is the property tax affected by the lifespan of the construction?
What happens if a property owner does not have a property card?
What happens if a property owner does not have a property card?
Flashcards
What documents are required to apply for a property tax payment card?
What documents are required to apply for a property tax payment card?
To apply for a property tax payment card, you need to submit: 1. Filled Application Form (PT 01), 2. Property Ownership document (Certificate, Transfer Letter, or Sale Contract), 3. ID or Passport for foreigners, or Family Book/Residence Book for Cambodian citizens, 4. Real Estate Photos, 5. Real Estate Location (coordinates), 6. Water & Electricity receipt (if available), 7. Phone number and email, 8. Construction Permit, Site Opening Permit, Site Ending Permit (if applicable), 9. Single Invoice confirming tax payment.
When is the property tax filing and payment deadline?
When is the property tax filing and payment deadline?
The period for filing and paying property tax in Cambodia is from January 1st to September 30th of each year.
What is the base for property tax?
What is the base for property tax?
Property tax in Cambodia is levied on real estate located in capitals and cities of all provinces. However, only properties worth more than 100,000,000 Riels (one hundred million Riels) are subject to the tax.
Are properties in Special Economic Zones (SEZ) subject to property tax?
Are properties in Special Economic Zones (SEZ) subject to property tax?
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What are the consequences of late property tax payment?
What are the consequences of late property tax payment?
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Where can property taxes be paid?
Where can property taxes be paid?
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Is agricultural land in Phnom Penh subject to property tax?
Is agricultural land in Phnom Penh subject to property tax?
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What is the property tax rate and base?
What is the property tax rate and base?
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How is the construction cost factored into property tax?
How is the construction cost factored into property tax?
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Can a property owner without a property card apply for one?
Can a property owner without a property card apply for one?
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Where can a property owner get a Property Tax Payment Card?
Where can a property owner get a Property Tax Payment Card?
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What regulation governs property tax?
What regulation governs property tax?
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What is the source for property tax rate information?
What is the source for property tax rate information?
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Study Notes
Property Tax in Cambodia
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Application for Payment Card: To apply for a property tax payment card, submit a completed application form (PT 01), property ownership documents (certificate, transfer letter, or sales contract), identification (ID card, passport, family book, residence certificate), real estate photos (location and construction), latitude/longitude coordinates, utility bills (water and electricity), contact information (phone and email), and potentially construction permits.
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Tax Filing Period: Property tax must be filed and paid between January 1st and September 30th of each year.
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Taxable Property: Real estate (land and/or buildings) valued above 100,000,000 Riels in capital cities and all provinces are subject to tax.
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SEZ Exemptions: Real estate in special economic zones used for production is exempt from property tax.
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Unregistered Property Registration: Information on registering unregistered properties for tax purposes is missing.
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Late Payment Penalty: Late payment of property tax incurs penalties as per regulations. The deadline is September 30th.
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Payment Locations: Declare and pay property taxes at Department of Tax on Movable and Immovable Properties, provincial/khan tax branches, and partner bank branches. Specific banks are mentioned (ACLEDA, Canadia, Vattanac, Cambodia Public Bank).
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Agricultural Land Exemption: Agricultural land in Phnom Penh, with a certificate from the relevant department, is exempt, even if it falls within a taxable zone.
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Tax Rate and Base: The property tax rate is 0.1% of the tax base. The tax base is 80% of the total property value (land and construction). Construction values depend on factors like building lifespan, material type, and floor prices. These prices can be found in the ministry's annex. A certain amount (100,000,000 Riels) is deducted from the total.
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Applying Without Card: Property owners can apply for a property tax payment card by registering and updating property details and paying a 5,000 Riel service fee. This procedure can be done at the Department of Tax, provincial/khan branch, or partnered banks.
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