Wednesday, October 4, 2017

Property tax payment date extended

The General Department of Taxation

(GDT), which is part of the Ministry of Economy and Finance, issued a notice of delay on property tax payments for 2017 until October 31, because some real estate owners have not yet fulfilled their tax obligations.
The notice was signed by Kong Vibol, the director general of the GDT on September 29, and states: “The property owners who fail to submit property tax payments during or after the above extension will be subject to penalties in accordance with the existing fiscal law.”
The 2017 property tax payment period ended on September 30, 2017, but this time the GDT will extent it another month for property owners.
The GDT also last month called for property owners to update their property ownership by requiring the owners to fulfill the legal property document to easily receive property information and make their property tax payment identity cards to get fast service.