Cambodia: Living There - Tax Issues
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Living There
An individual is considered a resident for tax purposes if he has stayed in the country for an aggregate of 182 days or more within a calendar year. Residents are taxed on their worldwide income. The applicable tax rates vary depending on the source.
Salary Tax
Personal income tax on salaries in Cambodia is computed and paid on a monthly basis.
SALARY TAX |
|
| TAXABLE INCOME , KHR (US$) | MARGINAL TAX RATE |
| Up to 500,000 (US$119) | nil |
| 500,001 – 1,250,000 (US$296) | 5% on band over US$119 |
| 1,250,001 – 8,500,000 (US$2,015) | 10% on band over US$296 |
| 8,500,001 – 12,500,000 (US$2,964) | 15% on band over US$2,015 |
| Over 12,500,000 (US$2,964+) | 20% on all income over US$2,964 |
There are no regulations that specify deductible expenses against personal income tax. However, you may claim deductions of up to CR75,000 (US$20) for each child and another CR75,000 for a housewife.
Withholding Taxes
Non-employment sourced income are subject to withholding taxes. The applicable tax rate depends on the income classification.
| Services | 10% |
| Royalties | 15% |
| Rental of movable or immovable properties | 10% |
| Interest payments by a domestic bank | 5% |
Cambodia - more data and information
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