Sale of Land and Building

Cambodia Tax : VAT for Sale of Land and Building

Taxable supplies are made up of all supplies other than those that are VAT exemption. Sale of land is not subject to valued added tax (VAT); however, sale of building and rental of land or buildings are subject to 10% VAT.

Taxable supplies are the supply of goods, services or imports for taxable sale or for use in producing taxable supplies. Goods are tangible properties except land or money, and services are not goods, land or money. Based on word “Goods”, so land is not goods for value added tax (VAT) of Cambodia Tax.