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Cambodia extends tax breaks for tourism-dependent businesses

The Cambodian government has decided to extend tax breaks for another two months for tourism-dependent businesses to overcome difficulties during the COVID-19 crisis, the Ministry of Tourism said on August 3.
Cambodia extends tax breaks for tourism-dependent businesses ảnh 1Angkor Wat in Siem Reap province (Photo: VNA)

Phnom Penh (VNA) –
The Cambodiangovernment has decided to extend tax breaks for another two months fortourism-dependent businesses to overcome difficulties during the COVID-19crisis, the Ministry of Tourism said on August 3.

The exemption, which takes effect in August andSeptember, is granted to hotels, guesthouses, restaurants and tourcompanies in capital Phnom Penh and in Siem Reap, Sihanouk, Kep and Kampot provinces,as well as in Bavet and Poipet cities, according to the ministry.

It added that the government will continue transferring 40 USDper month for staff and workers in the tourism sector for another two months.

Tourism Minister Thong Khon said over 3,000tourism-related businesses in Cambodia have been closed due to COVID-19,leaving more than 50,000 workers unemployed.

Last weekend, the government announced that itwill continue supporting unemployed workers in the garment-textile sector foranother two months. Each will receive 40 USD per month from August to September2020 and additional 30 USD per month from their employer./.
VNA

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