From December 30, 2022, Cambodia’s Ministry of Economy and Finance (MEF) began applying the latest revenue-based rules for taxes and procedures for commercial gambling business, aka casinos, to the self-proclaimed regime, after decades of applying a “lump sum” method of taxation, according to a senior official of the ministry.
The decision to apply the new tax model came after the CGMC officially announced new guidelines regarding commercial casinos in October 2022.
The decision to apply the new tax model came after the CGMC officially announced new guidelines regarding commercial casinos in October 2022.