Cambodia imposes VAT on cigarettes

The Cambodian Government has implemented a value-added tax (VAT) on cigarettes to combat the health risks associated with smoking and tobacco products.
Cambodia imposes VAT on cigarettes ảnh 1Illustrative image (Source: AFP/VNA)
Phnom Penh (VNA) -The Cambodian Government has implemented a value-added tax (VAT) on cigarettesto combat the health risks associated with smoking and tobacco products.

The decision became effective August 1, with companies importingand distributing cigarettes in Cambodia having to apply a flat rate of 10% VATon all cigarette supplies, reported the local Khmer Times. 

Enterprises importing cigarettes for export can pay a one-off value-added feeat the point of importation. This measure aims to support the country’s exportindustry while ensuring appropriate taxes are imposed on tobacco products.

The VAT on cigarettes can potentially reduce smoking rates and preventpremature deaths. This move aligns with global efforts to curb smoking and improvepublic health outcomes./.
VNA

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