[PHNOM PENH POST]
The Ministry of Economy and Finance has exempted 20 of Phnom Penh’s
communes from paying a property tax for 2011, according to a statement
released by the ministry.
The communes in question are in the capital’s Sen Sok, Dangor, Meanchey and Russey Keo districts, according to the statement.
Property
owners who had already paid the tax would have that amount applied to
their obligation, if any, for 2012, the statement said.
Ministry officials could not be reached to explain why these communes were exempt from last year’s tax.
Bonna
Realty Group CEO and National Valuers Association of Cambodia president
Sung Bonna said yesterday the communes had been previously been part of
Kandal province, which did not levy a tax on property owners.
But
a move by the Cambodian government last year had shifted the boundaries
of Phnom Penh to include the communes, removing them from Kandal, the
Post previously reported.
As a result, the government decided
against the complex procedures involved in transferring property
documents such as land titles between local governments, and chose
instead to enforce the property tax this year.
“The process is complicated, so paying the tax in 2012 is better,” Sung Bonna said.
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