What is Tax on Property Rental?
Summary Lesson-What is Tax on Property Rental in Cambodia
- -Tax on property rental is set by the rental received as the following:
- 1.Buildings such as houses, factories, warehouses, offices, and so forth
- 2.Manual tools are equipped with industrial institutions
- 3.Industrial and commercial installed fittings established in place, large buildings loaded with liquids and miscellaneous products such as fuel, pitch, grains
- 4.Floating houses, ships used as accommodations or miscellaneous business services
- 5.Free land (land without buildings) is included with the areas of stone, mine and coal extraction, lakes and salt pan field
- -This tax is collected from proprietors or assignees as individual
- -The tax rate on the property rental is equalized 10% of the gross rental. This gross rental shall be written in a contract or an agreement with lessees. Resource: GDT